Nuveen Mun High Income Oppor (NMZ): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Nuveen Mun High Income Oppor (NMZ) following the 2026 Q1 hedge fund 13F filings?

As of today, NMZ has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NMZ gained nan% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Nuveen Mun High Income Oppor (NMZ)

137 + Investors. Track Smart Money conviction in NMZ. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — NMZ

Based on 138 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added NMZ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

138 hedge funds hold NMZ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q

+8 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 72% buying

83 buying33 selling

Last quarter: 83 funds were net buyers (24 opened a brand new position + 59 added to an existing one). Only 33 were sellers (21 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~24 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 14 → 13 → 24 → 24. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 21% medium ■ 20% new

81 out of 138 hedge funds have held NMZ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

🚀

Acceleration phase — new buyers rushing in

18 → 14 → 13 → 24 → 24 new funds/Q

New funds entering each quarter: 14 → 13 → 24 → 24. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 13% 1-2yr ■ 25% new

Of 138 current holders: 85 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds

14 of 138 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.6

out of 10

Low Exit Risk

Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	137	126	8.73%
13F Shares	20M	19M	8.52%
Total Value	$199M	$189M	5.69%
New Positions	24	24	-
Increased Positions	59	35	+24
Closed Positions	13	19	-6
Reduced Positions	21	41	-20
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

137

126

8.73%

13F Shares

20M

19M

8.52%

Total Value

$199M

$189M

5.69%

New Positions

Increased Positions

+24

Closed Positions

-6

Reduced Positions

-20

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

137 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NMZ. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 NMZ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Melone Private Wealth, LLC	2.85%	672,622	$7.0M
2	Gridiron Partners, LLC	2.03%	319,835	$3.3M
3	Robinson Capital Management, LLC	1.42%	332,674	$3.4M
4	MFA Wealth Services	0.75%	109,546	$1.1M
5	Worthington Financial Partners, LLC	0.63%	70,251	$729K
6	Palogic Value Management, L.P.	0.58%	133,250	$1.4M
7	Hennion & Walsh Asset Management, Inc.	0.57%	1,639,102	$17.0M
8	Camelot Portfolios, LLC	0.56%	72,853	$756K
9	WESPAC Advisors, LLC	0.41%	72,603	$754K
10	Eq Wealth Advisors, LLC	0.40%	65,886	$684K
11	Platform Technology Partners	0.35%	173,235	$1.8M
12	High Net Worth Advisory Group LLC	0.34%	140,264	$1.5M
13	Wakefield Asset Management LLLP	0.28%	101,823	$1.1M
14	Core Wealth Partners LLC	0.22%	44,563	$463K
15	Ellis Investment Partners, LLC	0.20%	111,427	$1.2M
16	Everstar Asset Management, LLC	0.18%	33,474	$347K
17	Noble Wealth Management PBC	0.18%	33,664	$349K
18	Guggenheim Capital LLC	0.16%	2,043,438	$21.2M
19	Melfa Wealth Management, INC.	0.12%	19,802	$206K
20	TCP Asset Management, LLC	0.11%	83,795	$870K
21	Garton & Associates Financial Advisors LLC	0.09%	10,262	$107K
22	FF Advisors,LLC	0.08%	20,119	$207K
23	Blueline Advisors LLC	0.07%	9,314	$97K
24	Cane Capital Partners, LLC	0.07%	14,400	$149K
25	PFG Investments, LLC	0.06%	127,716	$1.3M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Nuveen Mun High Income Oppor (NMZ)

What does the Smart Money Trend signal show for NMZ?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added NMZ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NMZ?

More buyers than sellers — 72% buying: Last quarter: 83 funds were net buyers (24 opened a brand new position + 59 added to an existing one). Only 33 were sellers (21 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NMZ holders?

Strong quality — 39% AUM from major funds: 14 of 138 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NMZ?

59% of holders stayed for 2+ years: 81 out of 138 hedge funds have held NMZ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Nuveen Mun High Income Oppor (NMZ) following the 2026 Q1 hedge fund 13F filings?

As of today, NMZ has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NMZ has gained nan% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Nuveen Mun High Income Oppor (NMZ)

Smart Money Signals — NMZ

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Steady growth — +6% more funds vs a year ago

More buyers than sellers — 72% buying

Steady new buyers — ~24 new funds per quarter

59% of holders stayed for 2+ years

Acceleration phase — new buyers rushing in

Deep conviction — 62% of holders stayed 2+ years

Strong quality — 39% AUM from major funds

Institutional Sentiment Summary — NMZ

Hedge Fund Ownership: NMZ

Market Analysis: NMZ

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NMZ

Is It Too Late to Buy Nuveen Mun High Income Oppor (NMZ) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: NMZ

Statistics: NMZ

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Nuveen Mun High Income Oppor (NMZ)

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