Nuveen Municipal High Income Opportunity Fund
41 hedge funds and large institutions have $35.3M invested in Nuveen Municipal High Income Opportunity Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 8 closing their positions.
1.08% less ownership
Funds ownership: 6.62% → 5.54% (-1.1%)
7% less funds holding
Funds holding: 44 → 41 (-3)
11% less capital invested
Capital invested by funds: $39.5M → $35.3M (-$4.25M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$553K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$322K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$294K |
| 4 |
CBU
CIBC Bank USA
Chicago,
Illinois
|
+$218K |
| 5 |
LPL Financial
San Diego,
California
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$3.57M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.56M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$563K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$484K |
| 5 |
SG Americas Securities
New York
|
-$383K |
NMZ Hedge Fund Activity: Q1 2014 in Review
41 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2014, worth a combined $35.3M — down 11% from $39.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NMZ and 5 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 12 added.
The largest buyer was UBS, adding an estimated $553K. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $3.57M sold.
- 41 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2014, down from 44 in Q4 2013.
- Funds reported $35.3M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2014, down 11% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2014 and 8 closed out, a net change of -3 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2014 was UBS, an estimated $553K added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2014 was Mackay Shields LLC, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2014.