Nuveen Dynamic Municipal Opportunities Fund
NDMO
46 hedge funds and large institutions have $89M invested in Nuveen Dynamic Municipal Opportunities Fund in 2022 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
35% more funds holding
Funds holding: 34 → 46 (+12)
1.34% less ownership
Funds ownership: 14.96% → 13.62% (-1.3%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
21% less capital invested
Capital invested by funds: $113M → $89M (-$24.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.64M |
| 2 |
Goldman Sachs
New York
|
+$2.51M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.22M |
| 4 |
Rockefeller Capital Management
New York
|
+$809K |
| 5 |
BP
BBR Partners
New York
|
+$776K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$22.3M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$1.56M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$434K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$166K |
| 5 |
DWM
Doyle Wealth Management
St. Petersburg,
Florida
|
-$131K |
NDMO Hedge Fund Activity: Q2 2022 in Review
46 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q2 2022, worth a combined $89M — down 21% from $113M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NDMO positions and 4 closed out — a net gain of 12 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.64M. The largest seller was Rivernorth Capital Management, cutting an estimated $22.3M.
- 46 institutional investors held Nuveen Dynamic Municipal Opportunities Fund (NDMO) as of Q2 2022, up from 34 in Q1 2022.
- Funds reported $89M of Nuveen Dynamic Municipal Opportunities Fund stock for Q2 2022, down 21% quarter-over-quarter.
- 16 funds opened new Nuveen Dynamic Municipal Opportunities Fund positions in Q2 2022 and 4 closed out, a net change of +12 holders.
- The largest Nuveen Dynamic Municipal Opportunities Fund buyer in Q2 2022 was Morgan Stanley, an estimated $6.64M added.
- The largest Nuveen Dynamic Municipal Opportunities Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $22.3M sold.
Based on aggregated 13F filings for Q2 2022.