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Nuveen Municipal High Income Opportunity Fund

127 hedge funds and large institutions have $178M invested in Nuveen Municipal High Income Opportunity Fund in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 25 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 25

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.09% less ownership

Funds ownership: 15.63%15.55% (-0.09%)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

2% less funds holding

Funds holding: 130127 (-3)

6% less capital invested

Capital invested by funds: $189M → $178M (-$10.4M)

Holders
127
Holders Change
-3
Holders Change %
-2.31%
% of All Funds
1.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
15
Increased
47
Reduced
25
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$27.8M -$163K -15,679 -0.6%
UBS Group
2
UBS Group
Switzerland
$18.4M -$545K -52,535 -3%
GC
3
Guggenheim Capital
Illinois
$16M -$64.2K -6,189 -0.4%
Raymond James Financial
4
Raymond James Financial
Florida
$10.6M +$258K +24,840 +2%
Wells Fargo
5
Wells Fargo
California
$8.43M +$95.6K +9,216 +1%
HWAM
6
Hennion & Walsh Asset Management
New Jersey
$7.79M -$119K -11,481 -2%
Bank of America
7
Bank of America
North Carolina
$5.87M +$36.1K +3,483 +0.6%
MPW
8
Melone Private Wealth
Michigan
$5.86M +$233K +22,425 +4%
LPL Financial
9
LPL Financial
California
$4.88M +$991K +95,527 +25%
GP
10
Gridiron Partners
Pennsylvania
$4.48M
VanEck Associates
11
VanEck Associates
New York
$4.26M +$98.3K +9,474 +2%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$3.64M +$222K +21,372 +6%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.1M +$319K +30,796 +11%
Stifel Financial
14
Stifel Financial
Missouri
$2.72M +$2.18M +210,184 +401%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$2.6M +$254K +24,473 +11%
HNWAG
16
High Net Worth Advisory Group
Florida
$2.34M -$266K -25,649 -10%
OIA
17
OneDigital Investment Advisors
Kansas
$2.28M +$1.59M +153,353 +232%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$2.02M -$11.1K -1,075 -0.5%
Osaic Holdings
19
Osaic Holdings
Arizona
$2M -$447K -43,122 -18%
PI
20
PFG Investments
New York
$1.96M +$178K +17,176 +10%
KAS
21
Kestra Advisory Services
Texas
$1.73M +$39.4K +3,799 +2%
Rockefeller Capital Management
22
Rockefeller Capital Management
New York
$1.48M -$94.8K -9,138 -6%
RPCA
23
Running Point Capital Advisors
California
$1.46M +$846K +81,607 +137%
Truist Financial
24
Truist Financial
North Carolina
$1.39M +$801K +77,253 +137%
AWM
25
AE Wealth Management
Kansas
$1.36M +$280K +27,035 +26%

NMZ Hedge Fund Activity: Q2 2025 in Review

127 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q2 2025, worth a combined $178M — down 5.5% from $189M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of NMZ and 15 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 47 added.

The largest buyer was Stifel Financial, adding an estimated $2.18M. The largest seller was Atria Wealth Solutions, exiting entirely with an estimated $3.71M sold.

  • 127 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q2 2025, down from 130 in Q1 2025.
  • Funds reported $178M of Nuveen Municipal High Income Opportunity Fund stock for Q2 2025, down 5.5% quarter-over-quarter.
  • 15 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q2 2025 and 16 closed out, a net change of -1 holder.
  • The largest Nuveen Municipal High Income Opportunity Fund buyer in Q2 2025 was Stifel Financial, an estimated $2.18M added.
  • The largest Nuveen Municipal High Income Opportunity Fund seller in Q2 2025 was Atria Wealth Solutions, an estimated $3.71M sold.

Based on aggregated 13F filings for Q2 2025.