We are live on ! Find out more
NMZ icon

Nuveen Municipal High Income Opportunity Fund
NMZ

48 hedge funds and large institutions have $42.7M invested in Nuveen Municipal High Income Opportunity Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 8

0.78% less ownership

Funds ownership: 6.37% → 5.59% (-0.78%)

9% less capital invested

Capital invested by funds: $46.9M → $42.7M (-$4.24M)

13% less funds holding

Funds holding: 55 → 48 (-7)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

Holders
48
Holders Change
-7
Holders Change %
-12.73%
% of All Funds
1.19%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
19
Reduced
8
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Ameriprise
Ameriprise
Minnesota
+$1.04M
2
Invesco
Invesco
Georgia
+$873K
3
PAG
Private Advisor Group
New Jersey
+$468K
4
RJA
Raymond James & Associates
Florida
+$408K
5
AAM
Advisors Asset Management
Colorado
+$352K

Top Sellers

1
LCM
Laurion Capital Management
New York
-$5.1M
2
RCM
Rivernorth Capital Management
Florida
-$1.79M
3
GC
Guggenheim Capital
Illinois
-$742K
4
VKH
Virtu KCG Holdings
New York
-$519K
5
Squarepoint
Squarepoint
New York
-$470K
Name Holding Trade Value Shares
Change 		Change in
Stake
HK
26
Horizon Kinetics
New York
$268K +$118K +9,028 +79%
NA
27
NewEdge Advisors
Louisiana
$218K – – –
IH
28
IFC Holdings
Florida
$203K -$8.46K -650 -4%
ICOA
29
Investment Centers of America
North Dakota
$197K +$3.91K +300 +2%
BIM
30
Bridgecreek Investment Management
Oklahoma
$197K +$195K +15,000 New
Creative Planning
31
Creative Planning
Kansas
$194K -$54.7K -4,200 -22%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$181K +$83.7K +6,427 +88%
AG
33
Advisor Group
Arizona
$152K +$13K +1,000 +10%
RJFSA
34
Raymond James Financial Services Advisors
Florida
$135K +$134K +10,253 New
US Bancorp
35
US Bancorp
Minnesota
$132K – – –
BFEC
36
Benjamin F. Edwards & Company
Missouri
$127K +$273 +21 +0.2%
RAM
37
Riggs Asset Management
Pennsylvania
$69K -$23.4K -1,800 -25%
Citigroup
38
Citigroup
New York
$64K – – –
MWM
39
MinichMacGregor Wealth Management
New York
$52K – – –
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$49K – – –
WEC
41
Winslow Evans & Crocker
Massachusetts
$39.9K – – –
WB
42
Webster Bank
Connecticut
$20K – – –
SBL
43
Sargent Bickham Lagudis
Colorado
$12K – – –
GWM
44
Geneos Wealth Management
Colorado
$10K +$10K +770 New
AC
45
Alexandria Capital
Virginia
$9K – – –
JFA
46
JNBA Financial Advisors
Minnesota
$9K – – –
NFG
47
Next Financial Group
Texas
$7K +$6.9K +530 New
LCM
48
Laurion Capital Management
New York
– -$5.1M -398,190 Closed
RCM
49
Rivernorth Capital Management
Florida
– -$1.79M -139,506 Closed
VKH
50
Virtu KCG Holdings
New York
– -$519K -40,524 Closed
1
2
3

NMZ Hedge Fund Activity: Q1 2017 in Review

48 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2017, worth a combined $42.7M — down 9% from $46.9M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of NMZ and 7 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 19 added.

The largest buyer was Ameriprise, opening a new position worth an estimated $1.04M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $5.1M sold.

  • 48 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2017, down from 55 in Q4 2016.
  • Funds reported $42.7M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2017, down 9% quarter-over-quarter.
  • 7 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2017 and 13 closed out, a net change of -6 holders.
  • The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2017 was Ameriprise, an estimated $1.04M added.
  • The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2017 was Laurion Capital Management, an estimated $5.1M sold.

Based on aggregated 13F filings for Q1 2017.