Nuveen Municipal High Income Opportunity Fund
40 hedge funds and large institutions have $37M invested in Nuveen Municipal High Income Opportunity Fund in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 8 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
112% more capital invested
Capital invested by funds: $17.4M → $37M (+$19.6M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
11% more funds holding
Funds holding: 36 → 40 (+4)
2% more ownership
Funds ownership: 4.37% → 6.38% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$6.03M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$3.3M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.99M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.86M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$2.1M |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$528K |
| 3 |
Jane Street
New York
|
-$339K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$303K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$184K |
NMZ Hedge Fund Activity: Q3 2013 in Review
40 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q3 2013, worth a combined $37M — up 112% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NMZ positions and 8 closed out — a net gain of 4 holders — while 18 added to existing stakes and 5 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $6.03M. The largest seller was Suntrust Banks, exiting entirely with an estimated $2.1M sold.
- 40 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q3 2013, up from 36 in Q2 2013.
- Funds reported $37M of Nuveen Municipal High Income Opportunity Fund stock for Q3 2013, up 112% quarter-over-quarter.
- 12 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q3 2013 and 8 closed out, a net change of +4 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q3 2013 was Fir Tree Capital Management, an estimated $6.03M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q3 2013 was Suntrust Banks, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2013.