NUVEEN MUNI MARKET OPPORT FUND
NMO
NMO was delisted on the 9th of September, 2016.
62 hedge funds and large institutions have $110M invested in NUVEEN MUNI MARKET OPPORT FUND in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 6 closing their positions.
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 63 → 62 (-1)
9% less capital invested
Capital invested by funds: $121M → $110M (-$10.9M)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$11.4M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.81M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$779K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$677K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$10.9M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.6M |
| 3 |
HK
Horizon Kinetics
New York
|
-$3M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.67M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.21M |
NMO Hedge Fund Activity: Q1 2015 in Review
62 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI MARKET OPPORT FUND (NMO) for Q1 2015, worth a combined $110M — down 9% from $121M a quarter earlier.
Fund positioning in NMO was balanced in Q1 2015: 6 funds opened new positions, 6 closed out, 18 added to existing stakes and 21 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $11.4M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $10.9M sold.
- 62 institutional investors held NUVEEN MUNI MARKET OPPORT FUND (NMO) as of Q1 2015, down from 63 in Q4 2014.
- Funds reported $110M of NUVEEN MUNI MARKET OPPORT FUND stock for Q1 2015, down 9% quarter-over-quarter.
- 6 funds opened new NUVEEN MUNI MARKET OPPORT FUND positions in Q1 2015 and 6 closed out, a net change of 0 holders.
- The largest NUVEEN MUNI MARKET OPPORT FUND buyer in Q1 2015 was Mackay Shields LLC, an estimated $11.4M added.
- The largest NUVEEN MUNI MARKET OPPORT FUND seller in Q1 2015 was McGowan Group Asset Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2015.