Nuveen Municipal High Income Opportunity Fund
122 hedge funds and large institutions have $144M invested in Nuveen Municipal High Income Opportunity Fund in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 31 reducing their positions, and 20 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
14% more capital invested
Capital invested by funds: $127M → $144M (+$17.2M)
1.29% more ownership
Funds ownership: 11.72% → 13% (+1.3%)
4% less funds holding
Funds holding: 127 → 122 (-5)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
+$8.53M |
| 2 |
Morgan Stanley
New York
|
+$2.62M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.9M |
| 4 |
VanEck Associates
New York
|
+$1.48M |
| 5 |
Rockefeller Capital Management
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.69M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$1.93M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$709K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$467K |
NMZ Hedge Fund Activity: Q1 2023 in Review
122 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2023, worth a combined $144M — up 14% from $127M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NMZ and 17 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 45 added.
The largest buyer was Woodline Partners, opening a new position worth an estimated $8.53M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.69M sold.
- 122 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2023, down from 127 in Q4 2022.
- Funds reported $144M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2023, up 14% quarter-over-quarter.
- 17 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2023 and 20 closed out, a net change of -3 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2023 was Woodline Partners, an estimated $8.53M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2023 was Weiss Asset Management, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2023.