Nuveen Municipal High Income Opportunity Fund
45 hedge funds and large institutions have $44.8M invested in Nuveen Municipal High Income Opportunity Fund in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
31% more capital invested
Capital invested by funds: $34.1M → $44.8M (+$10.6M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 44 → 45 (+1)
1.25% more ownership
Funds ownership: 4.96% → 6.21% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.39M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.36M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.92M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.85M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$684K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$606K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$519K |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$214K |
| 5 |
PA
Planning Alternatives
Birmingham,
Michigan
|
-$189K |
NMZ Hedge Fund Activity: Q1 2016 in Review
45 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2016, worth a combined $44.8M — up 31% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NMZ positions and 6 closed out — a net gain of 1 holder — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $3.39M. The largest seller was UBS Group, cutting an estimated $684K.
- 45 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2016, up from 44 in Q4 2015.
- Funds reported $44.8M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2016, up 31% quarter-over-quarter.
- 7 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2016 and 6 closed out, a net change of +1 holder.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2016 was Laurion Capital Management, an estimated $3.39M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2016 was UBS Group, an estimated $684K sold.
Based on aggregated 13F filings for Q1 2016.