Nuveen Municipal High Income Opportunity Fund
48 hedge funds and large institutions have $42.7M invested in Nuveen Municipal High Income Opportunity Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 13 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
0.78% less ownership
Funds ownership: 6.37% → 5.59% (-0.78%)
13% less funds holding
Funds holding: 55 → 48 (-7)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
51% less capital inflows, than outflows
Capital inflows: $5.18M | Capital outflows: $10.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.04M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$873K |
| 3 |
Private Advisor Group
Morristown,
New Jersey
|
+$468K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$408K |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
-$5.1M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.79M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$742K |
| 4 |
Virtu KCG Holdings
New York
|
-$519K |
| 5 |
Squarepoint
New York
|
-$470K |
NMZ Hedge Fund Activity: Q1 2017 in Review
48 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q1 2017, worth a combined $42.7M — down 9% from $46.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NMZ and 7 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 19 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $1.04M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $5.1M sold.
- 48 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q1 2017, down from 55 in Q4 2016.
- Funds reported $42.7M of Nuveen Municipal High Income Opportunity Fund stock for Q1 2017, down 9% quarter-over-quarter.
- 7 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q1 2017 and 13 closed out, a net change of -6 holders.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q1 2017 was Ameriprise, an estimated $1.04M added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q1 2017 was Laurion Capital Management, an estimated $5.1M sold.
Based on aggregated 13F filings for Q1 2017.