NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
27 hedge funds and large institutions have $36.7M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $35.1M → $36.7M (+$1.53M)
0.3% more ownership
Funds ownership: 7.15% → 7.46% (+0.3%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$983K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$704K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$635K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$339K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.13M |
| 2 |
Barclays
London,
United Kingdom
|
-$398K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$219K |
| 4 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
-$196K |
| 5 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$129K |
MMD Hedge Fund Activity: Q3 2014 in Review
27 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2014, worth a combined $36.7M — up 4.4% from $35.1M a quarter earlier.
Fund positioning in MMD was balanced in Q3 2014: 5 funds opened new positions, 5 closed out, 11 added to existing stakes and 7 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $983K. The largest seller was Bank of America, cutting an estimated $1.13M.
- 27 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $36.7M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2014, up 4.4% quarter-over-quarter.
- 5 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2014 and 5 closed out, a net change of 0 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2014 was Raymond James & Associates, an estimated $983K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2014 was Bank of America, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2014.