Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
75 hedge funds and large institutions have $104M invested in Nuveen Floating Rate Income Opportunty Fund in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 19 reducing their positions, and 16 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 19
11% less funds holding
Funds holding: 84 → 75 (-9)
12% less capital invested
Capital invested by funds: $118M → $104M (-$13.6M)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.18M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.74M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.42M |
| 4 |
Morgan Stanley
New York
|
+$1.28M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.33M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$4.44M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.25M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.69M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.04M |
JRO Hedge Fund Activity: Q1 2022 in Review
75 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q1 2022, worth a combined $104M — down 12% from $118M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JRO and 8 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 30 added.
The largest buyer was LPL Financial, adding an estimated $4.18M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $8.33M sold.
- 75 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q1 2022, down from 84 in Q4 2021.
- Funds reported $104M of Nuveen Floating Rate Income Opportunty Fund stock for Q1 2022, down 12% quarter-over-quarter.
- 8 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q1 2022 and 16 closed out, a net change of -8 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q1 2022 was LPL Financial, an estimated $4.18M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q1 2022 was Rivernorth Capital Management, an estimated $8.33M sold.
Based on aggregated 13F filings for Q1 2022.