NUVEEN MUN HIGH INCOME OPPOR NMZ
COM · Closed-End Fund · CUSIP 670682103
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.19.
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 121 |
| Q4 2022 | 127 |
| Q1 2023 | 121 |
| Q2 2023 | 112 |
| Q3 2023 | 114 |
| Q4 2023 | 133 |
| Q1 2024 | 117 |
| Q2 2024 | 121 |
| Q3 2024 | 124 |
| Q4 2024 | 128 |
| Q1 2025 | 134 |
| Q2 2025 | 128 |
| Q3 2025 | 124 |
| Q4 2025 | 130 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 54 | 50 |
| Q2 2024 | 54 | 43 |
| Q3 2024 | 56 | 33 |
| Q4 2024 | 61 | 39 |
| Q1 2025 | 63 | 42 |
| Q2 2025 | 61 | 43 |
| Q3 2025 | 58 | 50 |
| Q4 2025 | 59 | 55 |
Biggest buyers
| Hennion & Walsh Asset Management, Inc. | Added | +416.3k |
| JANE STREET GROUP, LLC | Added | +242.2k |
| GUGGENHEIM CAPITAL LLC | Added | +172.2k |
| Advisors Asset Management, Inc. | New | +167.7k |
| VAN ECK ASSOCIATES CORP | Added | +149.9k |
| MORGAN STANLEY | Added | +132.9k |
| LPL Financial LLC | Added | +128.1k |
| HighPoint Advisor Group LLC | New | +117.3k |
| Ellis Investment Partners, LLC | New | +105.9k |
| Platform Technology Partners | Added | +93.7k |
Biggest sellers
| Gridiron Partners, LLC | Reduced | -1.2m |
| BANK OF AMERICA CORP /DE/ | Reduced | -123.4k |
| REGATTA CAPITAL GROUP, LLC | Sold out | -109.8k |
| High Net Worth Advisory Group LLC | Reduced | -78.7k |
| PFG Investments, LLC | Reduced | -49.8k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -44.7k |
| Baird Financial Group, Inc. | Reduced | -43.6k |
| Cetera Investment Advisers | Reduced | -43.1k |
| Invesco Ltd. | Sold out | -36.7k |
| OneDigital Investment Advisors LLC | Reduced | -35.7k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
WELLS FARGO & COMPANY/MN
13D · may seek influence
filed 2026-04-29
Stated purposeItem 4 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "In connection with the Reorganization of NXJ and NQP into the Issuer, Capital Strategies exchanged its 1,443 Series 2 VRDP Shares of NXJ (CUSIP: 67069Y607), its 886 Series 3 VRDP Shares of NXJ (CUSIP: 67069Y706), its 1,125 Series 2 VRDP Shares of NQP (CUSIP: 670972603), and its 1,050 Series 3 VRDP Shares of NQP (CUSIP: 670972702) for 4,504 Series 1 VRDP Shares of the Issuer (CUSIP: 670682855) pursuant to that certain Initial Series 1 Variable Rate Demand Preferred Shares (VRDP) Adjustable Rate Special Rate Period Purchase Agreement dated April 27, 2026." Full filing |
76.8% |
| BANK OF AMERICA CORP /DE/ 13D · may seek influence -29.2 pts · filed 2026-04-29 | 23.2% |
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $3.3k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-19 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Sold | $10.5k1.0k shares |
| 2025-12-19 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Bought | $10.3k1.0k shares |
| 2025-10-10 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Sold | $68.5k6.4k shares |
| 2025-10-10 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Bought | $68.0k6.4k shares |
| 2025-10-09 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Bought | $2.0k190 shares |
| 2025-10-09 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Sold | $2.0k190 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 2.6m $26.7m | Added +132.9k |
| UBS Group AG 0.00% of their portfolio | 2.0m $20.7m | Added +72.9k |
| GUGGENHEIM CAPITAL LLC 0.14% of their portfolio | 1.8m $18.5m | Added +172.2k |
| Hennion & Walsh Asset Management, Inc. 0.40% of their portfolio | 1.1m $11.6m | Added +416.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.1m $11.0m | Reduced -44.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 849.5k $8.7m | Reduced -5.0k |
| LPL Financial LLC 0.00% of their portfolio | 731.0k $7.4m | Added +128.1k |
| Melone Private Wealth, LLC 2.84% of their portfolio | 656.1k $6.7m | Added +62.2k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 603.2k $6.1m | Added +149.9k |
| Gridiron Partners, LLC 2.52% of their portfolio | 434.8k $4.4m | Reduced -1.2m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 423.1k $4.3m | Reduced -123.4k |
| Cetera Investment Advisers 0.00% of their portfolio | 359.0k $3.7m | Reduced -43.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 267.9k $2.7m | Reduced -25.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 260.9k $2.7m | Added +374 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 259.4k $2.6m | Added +242.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 239.9k $2.4m | Added +615 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 210.7k $2.1m | Reduced -18.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 209.4k $2.1m | Reduced -21.5k |
| OneDigital Investment Advisors LLC 0.02% of their portfolio | 184.6k $1.9m | Reduced -35.7k |
| Advisors Asset Management, Inc. 0.03% of their portfolio | 167.7k $1.7m | New |
| Platform Technology Partners 0.35% of their portfolio | 163.2k $1.7m | Added +93.7k |
| Mariner, LLC 0.00% of their portfolio | 157.8k $1.6m | Added +67.1k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 157.5k $1.6m | Reduced -43.6k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 152.9k $1.6m | Reduced -22.9k |
| High Net Worth Advisory Group LLC 0.35% of their portfolio | 151.0k $1.5m | Reduced -78.7k |
| AE Wealth Management LLC 0.01% of their portfolio | 138.2k $1.4m | Reduced -951 |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 138.0k $1.4m | Reduced -10.8k |
| Palogic Value Management, L.P. 0.57% of their portfolio | 131.2k $1.3m | Reduced -450 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 129.9k $1.3m | Reduced -738 |
| PFG Investments, LLC 0.06% of their portfolio | 126.4k $1.3m | Reduced -49.8k |
| HighPoint Advisor Group LLC 0.03% of their portfolio | 117.3k $1.2m | New |
| Running Point Capital Advisors, LLC 0.32% of their portfolio | 116.7k $1.2m | Reduced -1.4k |
| MFA Wealth Services 0.75% of their portfolio | 108.7k $1.1m | Reduced -4.1k |
| Ellis Investment Partners, LLC 0.19% of their portfolio | 105.9k $1.1m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 97.7k $996.0k | Added +20.5k |
| &PARTNERS 0.00% of their portfolio | 93.1k $948.5k | Added +36.3k |
| Wakefield Asset Management LLLP 0.25% of their portfolio | 91.4k $931.1k | Added +2.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 82.3k $838.6k | Added +13.7k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 81.3k $829.0k | Reduced -13.6k |
| J.W. COLE ADVISORS, INC. 0.02% of their portfolio | 80.0k $815.3k | Added +607 |
| SMITH, MOORE & CO. 0.06% of their portfolio | 78.5k $800.4k | Reduced -1.7k |
| Camelot Portfolios, LLC 0.46% of their portfolio | 73.1k $744.7k | Reduced -4.9k |
| WESPAC Advisors, LLC 0.40% of their portfolio | 72.6k $739.8k | Added +2.3k |
| Ausdal Financial Partners, Inc. 0.03% of their portfolio | 71.1k $724.3k | Added +368 |
| Worthington Financial Partners, LLC 0.63% of their portfolio | 70.2k $715.3k | First filing |
| Venture Visionary Partners LLC 0.02% of their portfolio | 70.2k $715.0k | Added +43 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.04% of their portfolio | 65.1k $662.9k | New |
| EQ WEALTH ADVISORS, LLC 0.38% of their portfolio | 63.6k $648.6k | Added +12.4k |
| READYSTATE ASSET MANAGEMENT LP 0.03% of their portfolio | 58.5k $595.7k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 57.6k $587.3k | Reduced -15.2k |
| Traynor Capital Management, Inc. 0.03% of their portfolio | 54.3k $553.5k | Reduced -20.9k |
| Private Advisor Group, LLC 0.00% of their portfolio | 51.7k $527.0k | Added +2.6k |
| Core Wealth Partners LLC 0.20% of their portfolio | 44.5k $453.9k | Added +46 |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 41.9k $426.8k | Reduced -83 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.01% of their portfolio | 38.4k $391.5k | Reduced -19.8k |
| Everstar Asset Management, LLC 0.19% of their portfolio | 35.3k $359.3k | Reduced -3.8k |
| Focus Partners Wealth 0.00% of their portfolio | 35.2k $359.0k | New |
| Noble Wealth Management PBC 0.18% of their portfolio | 35.0k $356.3k | Added +15.3k |
| StoneX Group Inc. 0.02% of their portfolio | 34.6k $352.8k | Added +9.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 34.5k $351.2k | New |
| IBEX WEALTH ADVISORS 0.03% of their portfolio | 33.7k $343.8k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 33.4k $340.0k | Added +705 |
| Arax Advisory Partners 0.01% of their portfolio | 31.2k $318.0k | Reduced -31.5k |
| Capital Investment Advisors, LLC 0.00% of their portfolio | 30.5k $310.7k | Reduced -667 |
| XTX Topco Ltd 0.01% of their portfolio | 28.4k $289.1k | New |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 27.4k $279.6k | Reduced -12.2k |
| FF Advisors,LLC 0.12% of their portfolio | 27.4k $279.3k | New |
| Marex Group Ltd 0.00% of their portfolio | 27.1k $276.1k | New |
| Plan Group Financial, LLC 0.07% of their portfolio | 25.1k $255.9k | Unchanged |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 23.7k $242.0k | Reduced -6.8k |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 23.6k $240.3k | New |
| DUNCKER STREETT & CO INC 0.04% of their portfolio | 22.9k $233.4k | Unchanged |
| Ashton Thomas Private Wealth, LLC 0.01% of their portfolio | 22.1k $225.1k | Added +1.9k |
| COMERICA BANK 0.00% of their portfolio | 21.2k $215.9k | Added +16.6k |
| Mutual Advisors, LLC 0.00% of their portfolio | 20.7k $210.8k | Added +1.1k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 20.4k $208.2k | Added +300 |
| MELFA WEALTH MANAGEMENT, INC. 0.12% of their portfolio | 19.8k $201.8k | Unchanged |
| KG Capital Management 0.05% of their portfolio | 17.8k $181.4k | Reduced -1.0k |
| Kercheville Advisors, LLC 0.05% of their portfolio | 17.6k $181.8k | Added +32 |
| Creative Planning 0.00% of their portfolio | 17.3k $176.6k | Unchanged |
| Arkos Global Advisors 0.02% of their portfolio | 16.3k $166.0k | Reduced -14.6k |
| Dynamic Advisor Solutions LLC 0.00% of their portfolio | 15.1k $153.7k | Added +360 |
| Abel Hall, LLC 0.04% of their portfolio | 15.0k $152.8k | New |
| Ranch Capital Advisors Inc. 0.06% of their portfolio | 14.7k $150.3k | Added +902 |
| Cane Capital Partners, LLC 0.06% of their portfolio | 14.4k $146.7k | First filing |
| Tyche Wealth Partners LLC 0.02% of their portfolio | 14.3k $146.2k | Unchanged |
| GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 13.8k $140.3k | New |
| XML Financial, LLC 0.01% of their portfolio | 12.7k $129.4k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 12.5k $129.0k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 12.5k $127.0k | New |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 12.0k $121.9k | Unchanged |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 11.9k $121.6k | Reduced -3.2k |
| Merit Financial Group, LLC 0.00% of their portfolio | 11.9k $121.0k | Reduced -715 |
| AlphaCore Capital LLC 0.00% of their portfolio | 11.9k $120.9k | Added +291 |
| Berkeley Capital Partners, LLC 0.03% of their portfolio | 11.6k $117.9k | Unchanged |
| BLUELINE ADVISORS LLC 0.09% of their portfolio | 11.3k $114.9k | First filing |
| Principle Wealth Partners LLC 0.01% of their portfolio | 11.0k $112.1k | Unchanged |
| Secure Asset Management, LLC 0.02% of their portfolio | 10.5k $107.2k | Added +444 |
| Sage Capital Management, LLC 0.05% of their portfolio | 10.5k $107.0k | Unchanged |
| Ramiah Investment Group 0.09% of their portfolio | 10.5k $106.5k | New |