NUVEEN MUNI MARKET OPPORT FUND
NMO
NMO was delisted on the 9th of September, 2016.
68 hedge funds and large institutions have $128M invested in NUVEEN MUNI MARKET OPPORT FUND in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
5% more capital invested
Capital invested by funds: $122M → $128M (+$6.67M)
3% less funds holding
Funds holding: 70 → 68 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$3.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.32M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.91M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.74M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.67M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.67M |
| 3 |
Cohen & Steers
New York
|
-$1.36M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$943K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$758K |
NMO Hedge Fund Activity: Q1 2016 in Review
68 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI MARKET OPPORT FUND (NMO) for Q1 2016, worth a combined $128M — up 5.5% from $122M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NMO and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 22 added.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $3.09M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.67M.
- 68 institutional investors held NUVEEN MUNI MARKET OPPORT FUND (NMO) as of Q1 2016, down from 70 in Q4 2015.
- Funds reported $128M of NUVEEN MUNI MARKET OPPORT FUND stock for Q1 2016, up 5.5% quarter-over-quarter.
- 8 funds opened new NUVEEN MUNI MARKET OPPORT FUND positions in Q1 2016 and 9 closed out, a net change of -1 holder.
- The largest NUVEEN MUNI MARKET OPPORT FUND buyer in Q1 2016 was Yorktown Management & Research Company, an estimated $3.09M added.
- The largest NUVEEN MUNI MARKET OPPORT FUND seller in Q1 2016 was Rivernorth Capital Management, an estimated $4.67M sold.
Based on aggregated 13F filings for Q1 2016.