Nuveen Dynamic Municipal Opportunities Fund
NDMO
56 hedge funds and large institutions have $77.9M invested in Nuveen Dynamic Municipal Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
35% more capital invested
Capital invested by funds: $57.8M → $77.9M (+$20.1M)
27% more funds holding
Funds holding: 44 → 56 (+12)
3.31% more ownership
Funds ownership: 9.89% → 13.2% (+3.3%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.9M |
| 2 |
MG
Marex Group
London,
|
+$1.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.15M |
| 4 |
VanEck Associates
New York
|
+$947K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$933K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.72M |
| 2 |
Rockefeller Capital Management
New York
|
-$1.25M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$982K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$570K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$440K |
NDMO Hedge Fund Activity: Q4 2023 in Review
56 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q4 2023, worth a combined $77.9M — up 35% from $57.8M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NDMO positions and 7 closed out — a net gain of 12 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.9M. The largest seller was Bank of America, cutting an estimated $3.72M.
- 56 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q4 2023, up from 44 in Q3 2023.
- Funds reported $77.9M of Nuveen Dynamic Municipal Opportunities Fund stock for Q4 2023, up 35% quarter-over-quarter.
- 19 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q4 2023 and 7 closed out, a net change of +12 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q4 2023 was Morgan Stanley, an estimated $15.9M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q4 2023 was Bank of America, an estimated $3.72M sold.
Based on aggregated 13F filings for Q4 2023.