Nuveen Municipal High Income Opportunity Fund
68 hedge funds and large institutions have $55.9M invested in Nuveen Municipal High Income Opportunity Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 13 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
0.19% less ownership
Funds ownership: 7.13% → 6.95% (-0.19%)
2% less capital invested
Capital invested by funds: $56.8M → $55.9M (-$872K)
4% less funds holding
Funds holding: 71 → 68 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.67M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$663K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$576K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$471K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.11M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.47M |
| 3 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
-$631K |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$425K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$388K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$74K | -5,869 | Closed |
|
|
CF
77
Centaurus Financial
Anaheim,
California
| – | -$60K | -4,700 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$48K | -3,750 | Closed |
|
|
SMFS
79
Squar Milner Financial Services
Irvine,
California
| – | -$35K | -2,800 | Closed |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2K | -188 | Closed |
|
81
AssetMark Inc
Concord,
California
| – | +$13 | +1 | +50% |
|
NMZ Hedge Fund Activity: Q3 2018 in Review
68 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q3 2018, worth a combined $55.9M — down 1.5% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NMZ and 10 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was Stifel Financial, adding an estimated $2.67M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.11M sold.
- 68 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q3 2018, down from 71 in Q2 2018.
- Funds reported $55.9M of Nuveen Municipal High Income Opportunity Fund stock for Q3 2018, down 1.5% quarter-over-quarter.
- 10 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q3 2018 and 13 closed out, a net change of -3 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q3 2018 was Stifel Financial, an estimated $2.67M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q3 2018 was Laurion Capital Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q3 2018.