Nuveen Municipal High Income Opportunity Fund
76 hedge funds and large institutions have $70.1M invested in Nuveen Municipal High Income Opportunity Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 6 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.04% less ownership
Funds ownership: 8.86% → 7.82% (-1%)
1% less funds holding
Funds holding: 77 → 76 (-1)
9% less capital invested
Capital invested by funds: $76.9M → $70.1M (-$6.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$593K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$505K |
| 3 |
Morgan Stanley
New York
|
+$406K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$394K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$5.11M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.16M |
| 4 |
Cohen & Steers
New York
|
-$1.02M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$825K |
NMZ Hedge Fund Activity: Q2 2019 in Review
76 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q2 2019, worth a combined $70.1M — down 8.8% from $76.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NMZ positions and 6 closed out — a net gain of 1 holder — while 30 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $593K. The largest seller was Stifel Financial, cutting an estimated $5.11M.
- 76 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q2 2019, down from 77 in Q1 2019.
- Funds reported $70.1M of Nuveen Municipal High Income Opportunity Fund stock for Q2 2019, down 8.8% quarter-over-quarter.
- 7 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q2 2019 and 6 closed out, a net change of +1 holder.
- The largest Nuveen Municipal High Income Opportunity Fund buyer in Q2 2019 was Bank of America, an estimated $593K added.
- The largest Nuveen Municipal High Income Opportunity Fund seller in Q2 2019 was Stifel Financial, an estimated $5.11M sold.
Based on aggregated 13F filings for Q2 2019.