Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
95 hedge funds and large institutions have $91.9M invested in Nuveen Floating Rate Income Opportunty Fund in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 23 reducing their positions, and 10 closing their positions.
85% more capital inflows, than outflows
Capital inflows: $10.3M | Capital outflows: $5.59M
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
48% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 23
7% more funds holding
Funds holding: 89 → 95 (+6)
1.39% more ownership
Funds ownership: 26.87% → 28.26% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.61M |
| 2 |
Mission Wealth Management
Santa Barbara,
California
|
+$1.11M |
| 3 |
Park Avenue Securities
New York
|
+$1.06M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$909K |
| 5 |
City of London Investment Management
London,
United Kingdom
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.49M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$923K |
| 3 |
1607 Capital Partners
Richmond,
Virginia
|
-$535K |
| 4 |
Logan Stone Capital
Chicago,
Illinois
|
-$425K |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$307K |
JRO Hedge Fund Activity: Q1 2023 in Review
95 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q1 2023, worth a combined $91.9M — up 7.9% from $85.2M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new JRO positions and 10 closed out — a net gain of 7 holders — while 34 added to existing stakes and 23 trimmed.
The largest buyer was CAPTRUST Financial Advisors, opening a new position worth an estimated $2.61M. The largest seller was LPL Financial, cutting an estimated $1.49M.
- 95 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q1 2023, up from 89 in Q4 2022.
- Funds reported $91.9M of Nuveen Floating Rate Income Opportunty Fund stock for Q1 2023, up 7.9% quarter-over-quarter.
- 17 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q1 2023 and 10 closed out, a net change of +7 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q1 2023 was CAPTRUST Financial Advisors, an estimated $2.61M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q1 2023 was LPL Financial, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2023.