Nuveen Municipal High Income Opportunity Fund
49 hedge funds and large institutions have $36.6M invested in Nuveen Municipal High Income Opportunity Fund in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
0.51% less ownership
Funds ownership: 5.84% → 5.34% (-0.51%)
6% less funds holding
Funds holding: 52 → 49 (-3)
12% less capital invested
Capital invested by funds: $41.8M → $36.6M (-$5.19M)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAS
IMA Advisory Services
Denver,
Colorado
|
+$688K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$391K |
| 3 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$269K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$246K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.27M |
| 2 |
SG Americas Securities
New York
|
-$803K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$753K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$520K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$407K |
NMZ Hedge Fund Activity: Q1 2015 in Review
49 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2015, worth a combined $36.6M — down 12% from $41.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NMZ and 5 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was IMA Advisory Services, opening a new position worth an estimated $688K. The largest seller was Morgan Stanley, cutting an estimated $1.27M.
- 49 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2015, down from 52 in Q4 2014.
- Funds reported $36.6M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2015, down 12% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2015 and 8 closed out, a net change of -3 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2015 was IMA Advisory Services, an estimated $688K added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2015 was Morgan Stanley, an estimated $1.27M sold.
Based on aggregated 13F filings for Q1 2015.