Nuveen Dynamic Municipal Opportunities Fund
NDMO
48 hedge funds and large institutions have $63.6M invested in Nuveen Dynamic Municipal Opportunities Fund in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 11 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
4% less capital invested
Capital invested by funds: $66.6M → $63.6M (-$3M)
1.09% less ownership
Funds ownership: 11.27% → 10.18% (-1.1%)
13% less funds holding
Funds holding: 55 → 48 (-7)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.1M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$230K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$212K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$204K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.72M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.89M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.13M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$983K |
| 5 |
Cohen & Steers
New York
|
-$669K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Allspring Global Investments
Charlotte,
North Carolina
| – | -$983K | -98,933 | Closed |
|
|
52
Cohen & Steers
New York
| – | -$669K | -67,264 | Closed |
|
|
RCM
53
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$620K | -60,000 | Closed |
|
54
Invesco
Atlanta,
Georgia
| – | -$445K | -44,766 | Closed |
|
55
First Trust Advisors
Wheaton,
Illinois
| – | -$210K | -21,157 | Closed |
|
|
FM
56
Family Management
New York
| – | -$175K | -17,635 | Closed |
|
57
Citadel Advisors
Miami,
Florida
| – | -$138K | -13,929 | Closed |
|
|
MCC
58
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$100K | -10,077 | Closed |
|
|
RPCA
59
Running Point Capital Advisors
El Segundo,
California
| – | -$99.4K | -10,000 | Closed |
|
60
BlackRock
New York
| – | -$5 | -1 | Closed |
|
NDMO Hedge Fund Activity: Q1 2023 in Review
48 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q1 2023, worth a combined $63.6M — down 4.5% from $66.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NDMO and 6 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $1.1M. The largest seller was Ameriprise, cutting an estimated $2.72M.
- 48 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q1 2023, down from 55 in Q4 2022.
- Funds reported $63.6M of Nuveen Dynamic Municipal Opportunities Fund stock for Q1 2023, down 4.5% quarter-over-quarter.
- 6 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q1 2023 and 11 closed out, a net change of -5 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q1 2023 was Bank of America, an estimated $1.1M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q1 2023 was Ameriprise, an estimated $2.72M sold.
Based on aggregated 13F filings for Q1 2023.