NUVEEN MUNI MARKET OPPORT FUND
NMO
NMO was delisted on the 9th of September, 2016.
67 hedge funds and large institutions have $81.3M invested in NUVEEN MUNI MARKET OPPORT FUND in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
21% more capital invested
Capital invested by funds: $67.3M → $81.3M (+$14M)
10% more funds holding
Funds holding: 61 → 67 (+6)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.51M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$2.41M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.97M |
| 5 |
GCM
Gruss Capital Management
New York
|
+$960K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$4.39M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.04M |
| 3 |
CRAM
Claren Road Asset Management
New York
|
-$2.18M |
| 4 |
TCM
Texan Capital Management
Houston,
Texas
|
-$1.53M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.51M |
NMO Hedge Fund Activity: Q4 2013 in Review
67 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI MARKET OPPORT FUND (NMO) for Q4 2013, worth a combined $81.3M — up 21% from $67.3M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NMO positions and 11 closed out — a net gain of 7 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $12.2M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $4.39M sold.
- 67 institutional investors held NUVEEN MUNI MARKET OPPORT FUND (NMO) as of Q4 2013, up from 61 in Q3 2013.
- Funds reported $81.3M of NUVEEN MUNI MARKET OPPORT FUND stock for Q4 2013, up 21% quarter-over-quarter.
- 18 funds opened new NUVEEN MUNI MARKET OPPORT FUND positions in Q4 2013 and 11 closed out, a net change of +7 holders.
- The largest NUVEEN MUNI MARKET OPPORT FUND buyer in Q4 2013 was Karpus Investment Management, an estimated $12.2M added.
- The largest NUVEEN MUNI MARKET OPPORT FUND seller in Q4 2013 was Fir Tree Capital Management, an estimated $4.39M sold.
Based on aggregated 13F filings for Q4 2013.