Nuveen Dynamic Municipal Opportunities Fund
NDMO
16 hedge funds and large institutions have $63.7M invested in Nuveen Dynamic Municipal Opportunities Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 3 closing their positions.
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
76% more capital invested
Capital invested by funds: $36.1M → $63.7M (+$27.6M)
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
14% more funds holding
Funds holding: 14 → 16 (+2)
3.16% more ownership
Funds ownership: 4.42% → 7.58% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.33M |
| 3 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
+$1.77M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$762K |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$529K |
| 3 |
TWP
TFO Wealth Partners
Maumee,
Ohio
|
-$63K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$79 |
NDMO Hedge Fund Activity: Q1 2021 in Review
16 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q1 2021, worth a combined $63.7M — up 76% from $36.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NDMO positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.1M. The largest seller was Millennium Management, exiting entirely with an estimated $762K sold.
- 16 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q1 2021, up from 14 in Q4 2020.
- Funds reported $63.7M of Nuveen Dynamic Municipal Opportunities Fund stock for Q1 2021, up 76% quarter-over-quarter.
- 5 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q1 2021 and 3 closed out, a net change of +2 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q1 2021 was Morgan Stanley, an estimated $14.1M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q1 2021 was Millennium Management, an estimated $762K sold.
Based on aggregated 13F filings for Q1 2021.