Nuveen Dynamic Municipal Opportunities Fund
NDMO
57 hedge funds and large institutions have $65M invested in Nuveen Dynamic Municipal Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 13 closing their positions.
2% more funds holding
Funds holding: 56 → 57 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
3.17% less ownership
Funds ownership: 13.2% → 10.03% (-3.2%)
17% less capital invested
Capital invested by funds: $77.9M → $65M (-$12.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.7M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.18M |
| 3 |
TWP
Tyche Wealth Partners
Plano,
Texas
|
+$726K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$292K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.6M |
| 2 |
MG
Marex Group
London,
|
-$1.63M |
| 3 |
VanEck Associates
New York
|
-$956K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$948K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$893K |
NDMO Hedge Fund Activity: Q1 2024 in Review
57 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q1 2024, worth a combined $65M — down 17% from $77.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NDMO positions and 13 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.7M. The largest seller was Morgan Stanley, cutting an estimated $17.6M.
- 57 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q1 2024, up from 56 in Q4 2023.
- Funds reported $65M of Nuveen Dynamic Municipal Opportunities Fund stock for Q1 2024, down 17% quarter-over-quarter.
- 14 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q1 2024 and 13 closed out, a net change of +1 holder.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q1 2024 was Wells Fargo, an estimated $1.7M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q1 2024 was Morgan Stanley, an estimated $17.6M sold.
Based on aggregated 13F filings for Q1 2024.