Nuveen Dynamic Municipal Opportunities Fund
NDMO
44 hedge funds and large institutions have $68.3M invested in Nuveen Dynamic Municipal Opportunities Fund in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 10 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
2.45% less ownership
Funds ownership: 13.62% → 11.16% (-2.5%)
4% less funds holding
Funds holding: 46 → 44 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
23% less capital invested
Capital invested by funds: $89M → $68.3M (-$20.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.82M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.26M |
| 3 |
Morgan Stanley
New York
|
+$1.01M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$936K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$711K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$16.7M |
| 2 |
Goldman Sachs
New York
|
-$1.77M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$1.59M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.02M |
| 5 |
BP
BBR Partners
New York
|
-$741K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
SeaCrest Wealth Management
Purchase,
New York
| – | -$37K | -3,300 | Closed |
|
|
CA
52
CoreCap Advisors
Southfield,
Michigan
| – | -$22K | -1,971 | Closed |
|
|
VVP
53
Venture Visionary Partners
Sylvania,
Ohio
| – | -$11.1K | -1,000 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
NDMO Hedge Fund Activity: Q3 2022 in Review
44 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q3 2022, worth a combined $68.3M — down 23% from $89M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NDMO and 8 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Stephens Inc, opening a new position worth an estimated $1.82M. The largest seller was Rivernorth Capital Management, cutting an estimated $16.7M.
- 44 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q3 2022, down from 46 in Q2 2022.
- Funds reported $68.3M of Nuveen Dynamic Municipal Opportunities Fund stock for Q3 2022, down 23% quarter-over-quarter.
- 8 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q3 2022 and 10 closed out, a net change of -2 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q3 2022 was Stephens Inc, an estimated $1.82M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2022.