Nuveen Dynamic Municipal Opportunities Fund
NDMO
34 hedge funds and large institutions have $113M invested in Nuveen Dynamic Municipal Opportunities Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
10% more funds holding
Funds holding: 31 → 34 (+3)
3.12% more ownership
Funds ownership: 11.84% → 14.96% (+3.1%)
2% less capital invested
Capital invested by funds: $116M → $113M (-$2.5M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$25M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.11M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.69M |
| 4 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$1.52M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$1.82M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.44M |
| 3 |
Morgan Stanley
New York
|
-$1.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$771K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$518K |
NDMO Hedge Fund Activity: Q1 2022 in Review
34 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q1 2022, worth a combined $113M — down 2.2% from $116M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NDMO positions and 8 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $25M. The largest seller was Wedbush Securities, cutting an estimated $1.82M.
- 34 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q1 2022, up from 31 in Q4 2021.
- Funds reported $113M of Nuveen Dynamic Municipal Opportunities Fund stock for Q1 2022, down 2.2% quarter-over-quarter.
- 11 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q1 2022 and 8 closed out, a net change of +3 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $25M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q1 2022 was Wedbush Securities, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2022.