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, 17 increasing their positions, 14 reducing their positions, and 13 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
7% more capital invested
Capital invested by funds: $60.8M → $65M (+$4.18M)
2% more funds holding
Funds holding: 56 → 57 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0.28% less ownership
Funds ownership: 10.31% → 10.03% (-0.28%)
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 |
Morgan Stanley
New York
|
+$600K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
-$1.63M |
| 2 |
VanEck Associates
New York
|
-$956K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$948K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$893K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$741K |
NDMO Hedge Fund Activity: Q1 2024 in Review
57 of the 6,959 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dynamic Municipal Opportunities Fund (NDMO) for Q1 2024, worth a combined $65M — up 6.9% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NDMO positions and 13 closed out — a net gain of 1 holder — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.7M. The largest seller was Marex Group, exiting entirely with an estimated $1.63M sold.
- 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, up 6.9% 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 Marex Group, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2024.