Nuveen Municipal High Income Opportunity Fund
86 hedge funds and large institutions have $84.7M invested in Nuveen Municipal High Income Opportunity Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 15 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
1.03% less ownership
Funds ownership: 9.15% → 8.13% (-1%)
6% less capital invested
Capital invested by funds: $90M → $84.7M (-$5.3M)
9% less funds holding
Funds holding: 94 → 86 (-8)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$1.81M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.09M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.05M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$522K |
| 5 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$9.96M |
| 2 |
Rockefeller Capital Management
New York
|
-$3.17M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.12M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.42M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$978K |
NMZ Hedge Fund Activity: Q2 2020 in Review
86 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q2 2020, worth a combined $84.7M — down 5.9% from $90M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NMZ and 7 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 33 added.
The largest buyer was Financial Advocates Investment Management, opening a new position worth an estimated $1.81M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $9.96M sold.
- 86 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q2 2020, down from 94 in Q1 2020.
- Funds reported $84.7M of Nuveen Municipal High Income Opportunity Fund stock for Q2 2020, down 5.9% quarter-over-quarter.
- 7 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q2 2020 and 15 closed out, a net change of -8 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q2 2020 was Financial Advocates Investment Management, an estimated $1.81M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q2 2020 was Robinson Capital Management, an estimated $9.96M sold.
Based on aggregated 13F filings for Q2 2020.