Nuveen Municipal High Income Opportunity Fund
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.
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
Top Buyers
Top Sellers
| 1 |
LCM
Laurion Capital Management
New York
|
-$5.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.79M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$742K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$519K |
| 5 |
Squarepoint
New York
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Squarepoint
New York
| – | -$470K | -36,700 | Closed |
|
|
MIAN
52
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$458K | -35,750 | Closed |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$371K | -28,920 | Closed |
|
|
SGAM
54
Steinberg Global Asset Management
Boca Raton,
Florida
| – | -$198K | -15,449 | Closed |
|
|
FAAS
55
First Allied Advisory Services
San Diego,
California
| – | -$178K | -13,920 | Closed |
|
|
BRWA
56
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$176K | -13,673 | Closed |
|
|
VC
57
Vicus Capital
State College,
Pennsylvania
| – | -$172K | -13,414 | Closed |
|
|
TWA
58
TCI Wealth Advisors
Tucson,
Arizona
| – | -$83K | -6,502 | Closed |
|
|
FNBT
59
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$21K | -1,668 | Closed |
|
|
AIM
60
Acrospire Investment Management
Chicago,
Illinois
| – | -$1K | -100 | Closed |
|
61
AssetMark Inc
Concord,
California
| – | +$13 | +1 | +6% |
|
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.