Nuveen Municipal High Income Opportunity Fund
55 hedge funds and large institutions have $46.9M invested in Nuveen Municipal High Income Opportunity Fund in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
15% more funds holding
Funds holding: 48 → 55 (+7)
4% more capital invested
Capital invested by funds: $45.3M → $46.9M (+$1.67M)
0.61% more ownership
Funds ownership: 5.76% → 6.37% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.72M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.85M |
| 3 |
Morgan Stanley
New York
|
+$955K |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$725K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$645K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.26M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.02M |
| 4 |
Bank of New York Mellon
New York
|
-$513K |
| 5 |
VanEck Associates
New York
|
-$430K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBL
51
Sargent Bickham Lagudis
Boulder,
Colorado
| $11K | – | – | – |
|
|
AC
52
Alexandria Capital
Arlington,
Virginia
| $9K | – | – | – |
|
|
JFA
53
JNBA Financial Advisors
Bloomington,
Minnesota
| $8K | +$8.64K | +653 | New |
|
|
AIM
54
Acrospire Investment Management
Chicago,
Illinois
| $1K | +$1.32K | +100 | New |
|
55
Northern Trust
Chicago,
Illinois
| – | -$26K | -177,340 | Closed |
|
|
56
Bank of New York Mellon
New York
| – | -$513K | -35,362 | Closed |
|
57
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$188K | -12,989 | Closed |
|
|
JWA
58
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$19K | -1,321 | Closed |
|
|
BBPWM
59
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$2K | -97 | Closed |
|
60
AssetMark Inc
Concord,
California
| – | +$212 | +16 | New |
|
NMZ Hedge Fund Activity: Q4 2016 in Review
55 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q4 2016, worth a combined $46.9M — up 3.7% from $45.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NMZ positions and 5 closed out — a net gain of 7 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $3.72M. The largest seller was Bank of America, cutting an estimated $1.61M.
- 55 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q4 2016, up from 48 in Q3 2016.
- Funds reported $46.9M of Nuveen Municipal High Income Opportunity Fund stock for Q4 2016, up 3.7% quarter-over-quarter.
- 12 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q4 2016 and 5 closed out, a net change of +7 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $3.72M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q4 2016 was Bank of America, an estimated $1.61M sold.
Based on aggregated 13F filings for Q4 2016.