Nuveen Municipal High Income Opportunity Fund
77 hedge funds and large institutions have $76.9M invested in Nuveen Municipal High Income Opportunity Fund in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 14 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
1% more funds holding
Funds holding: 76 → 77 (+1)
1% more capital invested
Capital invested by funds: $76M → $76.9M (+$898K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.37% less ownership
Funds ownership: 10.22% → 8.86% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.3M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.81M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$780K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$709K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.3M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.91M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.76M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.37M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$922K |
NMZ Hedge Fund Activity: Q1 2019 in Review
77 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2019, worth a combined $76.9M — up 1.2% from $76M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NMZ positions and 14 closed out — a net gain of 2 holders — while 22 added to existing stakes and 16 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $3.3M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $10.3M sold.
- 77 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2019, up from 76 in Q4 2018.
- Funds reported $76.9M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2019, up 1.2% quarter-over-quarter.
- 16 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2019 and 14 closed out, a net change of +2 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2019 was Robinson Capital Management, an estimated $3.3M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2019.