NUVEEN MUNI MARKET OPPORT FUND
NMO
NMO was delisted on the 9th of September, 2016.
65 hedge funds and large institutions have $96.6M invested in NUVEEN MUNI MARKET OPPORT FUND in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 7 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
16% more capital invested
Capital invested by funds: $83.4M → $96.6M (+$13.2M)
4% less funds holding
Funds holding: 68 → 65 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.04M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$825K |
| 4 |
OHA
Oak Hill Advisors
New York
|
+$817K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
-$783K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$683K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$244K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$164K |
| 5 |
HK
Horizon Kinetics
New York
|
-$148K |
NMO Hedge Fund Activity: Q2 2014 in Review
65 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI MARKET OPPORT FUND (NMO) for Q2 2014, worth a combined $96.6M — up 16% from $83.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NMO and 4 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 27 added.
The largest buyer was Karpus Investment Management, adding an estimated $5.13M. The largest seller was Gruss Capital Management, cutting an estimated $783K.
- 65 institutional investors held NUVEEN MUNI MARKET OPPORT FUND (NMO) as of Q2 2014, down from 68 in Q1 2014.
- Funds reported $96.6M of NUVEEN MUNI MARKET OPPORT FUND stock for Q2 2014, up 16% quarter-over-quarter.
- 4 funds opened new NUVEEN MUNI MARKET OPPORT FUND positions in Q2 2014 and 7 closed out, a net change of -3 holders.
- The largest NUVEEN MUNI MARKET OPPORT FUND buyer in Q2 2014 was Karpus Investment Management, an estimated $5.13M added.
- The largest NUVEEN MUNI MARKET OPPORT FUND seller in Q2 2014 was Gruss Capital Management, an estimated $783K sold.
Based on aggregated 13F filings for Q2 2014.