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Nuveen Municipal High Income Opportunity Fund

131 hedge funds and large institutions have $193M invested in Nuveen Municipal High Income Opportunity Fund in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 14

6% more funds holding

Funds holding: 124131 (+7)

4% more capital invested

Capital invested by funds: $185M → $193M (+$8.14M)

0.23% more ownership

Funds ownership: 16.23%16.45% (+0.23%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 41

Holders
131
Holders Change
+7
Holders Change %
+5.65%
% of All Funds
1.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
25
Increased
39
Reduced
41
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$26.7M +$1.4M +132,909 +5%
UBS Group
2
UBS Group
Switzerland
$20.7M +$769K +72,869 +4%
GC
3
Guggenheim Capital
Illinois
$18.5M +$1.82M +172,150 +10%
HWAM
4
Hennion & Walsh Asset Management
New Jersey
$11.6M +$4.39M +416,337 +57%
Raymond James Financial
5
Raymond James Financial
Florida
$11M -$472K -44,738 -4%
Wells Fargo
6
Wells Fargo
California
$8.66M -$52.4K -4,973 -0.6%
LPL Financial
7
LPL Financial
California
$7.45M +$1.35M +128,087 +21%
MPW
8
Melone Private Wealth
Michigan
$6.69M +$656K +62,241 +10%
VanEck Associates
9
VanEck Associates
New York
$6.15M +$1.58M +149,902 +33%
GP
10
Gridiron Partners
Pennsylvania
$4.43M -$12.8M -1,214,594 -74%
Bank of America
11
Bank of America
North Carolina
$4.31M -$1.3M -123,378 -23%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$3.66M -$454K -43,073 -11%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.73M -$271K -25,673 -9%
Stifel Financial
14
Stifel Financial
Missouri
$2.66M +$3.94K +374 +0.1%
Jane Street
15
Jane Street
New York
$2.64M +$2.55M +242,223 +1,411%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$2.44M +$6.49K +615 +0.3%
Osaic Holdings
17
Osaic Holdings
Arizona
$2.15M -$191K -18,157 -8%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$2.13M -$227K -21,518 -9%
OIA
19
OneDigital Investment Advisors
Kansas
$1.88M -$377K -35,730 -16%
AAM
20
Advisors Asset Management
Colorado
$1.71M +$1.77M +167,745 New
PTP
21
Platform Technology Partners
New York
$1.66M +$989K +93,732 +135%
Mariner
22
Mariner
Kansas
$1.61M +$708K +67,137 +74%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$1.6M -$459K -43,552 -22%
KAS
24
Kestra Advisory Services
Texas
$1.56M -$242K -22,904 -13%
HNWAG
25
High Net Worth Advisory Group
Florida
$1.54M -$830K -78,693 -34%

NMZ Hedge Fund Activity: Q4 2025 in Review

131 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal High Income Opportunity Fund (NMZ) for Q4 2025, worth a combined $193M — up 4.4% from $185M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NMZ positions and 14 closed out — a net gain of 11 holders — while 39 added to existing stakes and 41 trimmed.

The largest buyer was Hennion & Walsh Asset Management, adding an estimated $4.39M. The largest seller was Gridiron Partners, cutting an estimated $12.8M.

  • 131 institutional investors held Nuveen Municipal High Income Opportunity Fund (NMZ) as of Q4 2025, up from 124 in Q3 2025.
  • Funds reported $193M of Nuveen Municipal High Income Opportunity Fund stock for Q4 2025, up 4.4% quarter-over-quarter.
  • 25 funds opened new Nuveen Municipal High Income Opportunity Fund positions in Q4 2025 and 14 closed out, a net change of +11 holders.
  • The largest Nuveen Municipal High Income Opportunity Fund buyer in Q4 2025 was Hennion & Walsh Asset Management, an estimated $4.39M added.
  • The largest Nuveen Municipal High Income Opportunity Fund seller in Q4 2025 was Gridiron Partners, an estimated $12.8M sold.

Based on aggregated 13F filings for Q4 2025.