Nuveen Municipal High Income Opportunity Fund
132 hedge funds and large institutions have $171M invested in Nuveen Municipal High Income Opportunity Fund in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 12 closing their positions.
175% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 12
39% more capital invested
Capital invested by funds: $123M → $171M (+$47.8M)
17% more funds holding
Funds holding: 113 → 132 (+19)
3.63% more ownership
Funds ownership: 12.04% → 15.67% (+3.6%)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.4M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.61M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.19M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.83M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.18M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.65M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$1.06M |
| 4 |
LPL Financial
San Diego,
California
|
-$824K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$536K |
NMZ Hedge Fund Activity: Q4 2023 in Review
132 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q4 2023, worth a combined $171M — up 39% from $123M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NMZ positions and 12 closed out — a net gain of 21 holders — while 37 added to existing stakes and 35 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $17.4M. The largest seller was UBS Group, cutting an estimated $2.18M.
- 132 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q4 2023, up from 113 in Q3 2023.
- Funds reported $171M of Nuveen Municipal High Income Opportunity Fund stock for Q4 2023, up 39% quarter-over-quarter.
- 33 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q4 2023 and 12 closed out, a net change of +21 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q4 2023 was Morgan Stanley, an estimated $17.4M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q4 2023 was UBS Group, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2023.