Nuveen Dynamic Municipal Opportunities Fund
NDMO
31 hedge funds and large institutions have $116M invested in Nuveen Dynamic Municipal Opportunities Fund in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
35% more capital invested
Capital invested by funds: $85.7M → $116M (+$30.1M)
19% more funds holding
Funds holding: 26 → 31 (+5)
2.45% more ownership
Funds ownership: 9.39% → 11.84% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$15M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.99M |
| 3 |
Morgan Stanley
New York
|
+$2.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$876K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
-$1.26M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$569K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$561K |
| 4 |
Jane Street
New York
|
-$349K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWA
26
Primoris Wealth Advisors
North Palm Beach,
Florida
| $183K | +$174K | +11,000 | New |
|
|
SA
27
SFI Advisors
Montclair,
New Jersey
| $182K | +$185K | +11,707 | New |
|
|
AC
28
Aristides Capital
Louisville,
Kentucky
| $181K | +$172K | +10,859 | New |
|
|
AF
29
Allworth Financial
Folsom,
California
| $86K | +$1.55K | +98 | +2% |
|
|
CA
30
CoreCap Advisors
Southfield,
Michigan
| $28K | +$27.1K | +1,711 | New |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $15K | +$14.7K | +930 | New |
|
|
32
Jane Street
New York
| – | -$349K | -21,793 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$276K | -17,224 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$154K | -9,626 | Closed |
|
|
FP
35
Financial Perspectives
Minneapolis,
Minnesota
| – | -$48K | -3,000 | Closed |
|
|
FIA
36
FNY Investment Advisers
New York
| – | -$39K | -2,446 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$8K | -500 | Closed |
|
NDMO Hedge Fund Activity: Q4 2021 in Review
31 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q4 2021, worth a combined $116M — up 35% from $85.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NDMO positions and 6 closed out — a net gain of 5 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $15M. The largest seller was Andesa Financial Management, cutting an estimated $1.26M.
- 31 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q4 2021, up from 26 in Q3 2021.
- Funds reported $116M of Nuveen Dynamic Municipal Opportunities Fund stock for Q4 2021, up 35% quarter-over-quarter.
- 11 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q4 2021 and 6 closed out, a net change of +5 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q4 2021 was Rivernorth Capital Management, an estimated $15M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q4 2021 was Andesa Financial Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2021.