Nuveen Municipal High Income Opportunity Fund
45 hedge funds and large institutions have $38.5M invested in Nuveen Municipal High Income Opportunity Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 3 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
0.37% less ownership
Funds ownership: 6.31% → 5.94% (-0.37%)
2% less funds holding
Funds holding: 46 → 45 (-1)
7% less capital invested
Capital invested by funds: $41.2M → $38.5M (-$2.74M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.35M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$668K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$142K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$133K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.42M |
| 2 |
HK
Horizon Kinetics
New York
|
-$1.18M |
| 3 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$1.09M |
| 4 |
Morgan Stanley
New York
|
-$457K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$324K |
NMZ Hedge Fund Activity: Q3 2014 in Review
45 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q3 2014, worth a combined $38.5M — down 6.7% from $41.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NMZ and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 13 added.
The largest buyer was UBS, adding an estimated $1.35M. The largest seller was Advisors Asset Management, cutting an estimated $1.42M.
- 45 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q3 2014, down from 46 in Q2 2014.
- Funds reported $38.5M of Nuveen Municipal High Income Opportunity Fund stock for Q3 2014, down 6.7% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q3 2014 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q3 2014 was UBS, an estimated $1.35M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q3 2014 was Advisors Asset Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q3 2014.