Nuveen Dynamic Municipal Opportunities Fund
NDMO
50 hedge funds and large institutions have $59M invested in Nuveen Dynamic Municipal Opportunities Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 7 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 48 → 50 (+2)
0.43% less ownership
Funds ownership: 10.18% → 9.74% (-0.43%)
7% less capital invested
Capital invested by funds: $63.6M → $59M (-$4.67M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$917K |
| 2 |
AFG
Atomi Financial Group
New York
|
+$626K |
| 3 |
MCI
MRP Capital Investments
Alpharetta,
Georgia
|
+$287K |
| 4 |
PWA
Primoris Wealth Advisors
North Palm Beach,
Florida
|
+$173K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.74M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$885K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$850K |
| 5 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$792K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $1 | – | – | – |
|
|
CA
52
Corrado Advisors
Ramsey,
New Jersey
| – | -$792K | -74,932 | Closed |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$160K | -15,176 | Closed |
|
|
VF
54
Virtu Financial
New York
| – | -$136K | -12,882 | Closed |
|
55
Goldman Sachs
New York
| – | -$121K | -11,454 | Closed |
|
56
Charles Schwab
San Francisco,
California
| – | -$106K | -10,000 | Closed |
|
|
ASN
57
Advisory Services Network
Atlanta,
Georgia
| – | -$76.9K | -7,271 | Closed |
|
|
WAM
58
Worth Asset Management
Dallas,
Texas
| – | -$11.7K | -1,110 | Closed |
|
NDMO Hedge Fund Activity: Q2 2023 in Review
50 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q2 2023, worth a combined $59M — down 7.3% from $63.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NDMO positions and 7 closed out — a net gain of 2 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Rockefeller Capital Management, adding an estimated $917K. The largest seller was Morgan Stanley, cutting an estimated $1.74M.
- 50 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q2 2023, up from 48 in Q1 2023.
- Funds reported $59M of Nuveen Dynamic Municipal Opportunities Fund stock for Q2 2023, down 7.3% quarter-over-quarter.
- 9 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q2 2023 and 7 closed out, a net change of +2 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q2 2023 was Rockefeller Capital Management, an estimated $917K added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q2 2023 was Morgan Stanley, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2023.