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Nuveen Municipal High Income Opportunity Fund

76 hedge funds and large institutions have $76M invested in Nuveen Municipal High Income Opportunity Fund in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

38% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 16

36% more capital invested

Capital invested by funds: $55.9M → $76M (+$20.1M)

12% more funds holding

Funds holding: 6876 (+8)

3.27% more ownership

Funds ownership: 6.95%10.22% (+3.3%)

Holders
76
Holders Change
+8
Holders Change %
+11.76%
% of All Funds
1.69%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
22
Reduced
16
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$10.3M +$10.6M +896,361 New
RCM
2
Robinson Capital Management
Michigan
$9.1M +$5.2M +439,749 +129%
Stifel Financial
3
Stifel Financial
Missouri
$7.26M +$612K +51,781 +9%
GC
4
Guggenheim Capital
Illinois
$6.73M +$874K +73,870 +15%
UBS Group
5
UBS Group
Switzerland
$6.4M -$112K -9,460 -2%
CCWA
6
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$2.78M +$1.91M +161,303 +208%
VanEck Associates
7
VanEck Associates
New York
$2.17M +$433K +36,641 +24%
RJA
8
Raymond James & Associates
Florida
$2.14M +$495K +41,888 +30%
Bank of America
9
Bank of America
North Carolina
$2.05M -$979K -82,785 -32%
Wells Fargo
10
Wells Fargo
California
$1.91M -$507K -42,846 -21%
LCM
11
Landscape Capital Management
New Jersey
$1.76M +$1.79M +151,151 New
Morgan Stanley
12
Morgan Stanley
New York
$1.69M -$506K -42,795 -23%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$1.47M -$231K -19,544 -13%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.37M +$1.4M +118,066 New
AAM
15
Advisors Asset Management
Colorado
$1.14M +$87K +7,359 +8%
Invesco
16
Invesco
Georgia
$1.06M -$446K -37,682 -29%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$960K +$154K +13,046 +19%
WAM
18
Wolverine Asset Management
Illinois
$922K +$937K +79,225 New
WAM
19
Weiss Asset Management
Massachusetts
$872K +$885K +74,874 New
Ameriprise
20
Ameriprise
Minnesota
$826K -$79.5K -6,723 -9%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$768K -$176K -14,897 -18%
TCM
22
Traynor Capital Management
Pennsylvania
$738K -$140K -11,856 -16%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$738K -$37.1K -3,136 -5%
Cohen & Steers
24
Cohen & Steers
New York
$718K +$729K +61,651 New
BRWA
25
B. Riley Wealth Advisors
Florida
$566K +$351K +29,724 +157%

NMZ Hedge Fund Activity: Q4 2018 in Review

76 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q4 2018, worth a combined $76M — up 36% from $55.9M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new NMZ positions and 10 closed out — a net gain of 11 holders — while 22 added to existing stakes and 16 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $10.6M. The largest seller was Bank of America, cutting an estimated $979K.

  • 76 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q4 2018, up from 68 in Q3 2018.
  • Funds reported $76M of Nuveen Municipal High Income Opportunity Fund stock for Q4 2018, up 36% quarter-over-quarter.
  • 21 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q4 2018 and 10 closed out, a net change of +11 holders.
  • The largest Nuveen Municipal High Income Opportunity Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $10.6M added.
  • The largest Nuveen Municipal High Income Opportunity Fund seller in Q4 2018 was Bank of America, an estimated $979K sold.

Based on aggregated 13F filings for Q4 2018.