Nuveen Dynamic Municipal Opportunities Fund
NDMO
26 hedge funds and large institutions have $85.7M invested in Nuveen Dynamic Municipal Opportunities Fund in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
45% more capital invested
Capital invested by funds: $59.2M → $85.7M (+$26.5M)
37% more funds holding
Funds holding: 19 → 26 (+7)
3.23% more ownership
Funds ownership: 6.16% → 9.39% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$12.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.34M |
| 3 |
Morgan Stanley
New York
|
+$6.2M |
| 4 |
VanEck Associates
New York
|
+$3.32M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
-$2.09M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$208K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$70.8K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$56K |
| 5 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
-$17K |
NDMO Hedge Fund Activity: Q3 2021 in Review
26 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q3 2021, worth a combined $85.7M — up 45% from $59.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NDMO positions and 2 closed out — a net gain of 7 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $12.5M. The largest seller was Andesa Financial Management, cutting an estimated $2.09M.
- 26 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q3 2021, up from 19 in Q2 2021.
- Funds reported $85.7M of Nuveen Dynamic Municipal Opportunities Fund stock for Q3 2021, up 45% quarter-over-quarter.
- 9 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q3 2021 and 2 closed out, a net change of +7 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q3 2021 was Rivernorth Capital Management, an estimated $12.5M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q3 2021 was Andesa Financial Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2021.