NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
28 hedge funds and large institutions have $44.5M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 8 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
0% more capital invested
Capital invested by funds: $44.3M → $44.5M (+$185K)
0.16% less ownership
Funds ownership: 8.85% → 8.7% (-0.16%)
10% less funds holding
Funds holding: 31 → 28 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$866K |
| 3 |
LSA
Liberty Street Advisors
New York
|
+$768K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$456K |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.07M |
| 2 |
SG Americas Securities
New York
|
-$865K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$695K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$594K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$386K |
MMD Hedge Fund Activity: Q1 2015 in Review
28 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2015, worth a combined $44.5M — up 0.42% from $44.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MMD and 5 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 13 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.49M. The largest seller was Commonwealth Equity Services, exiting entirely with an estimated $1.07M sold.
- 28 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2015, down from 31 in Q4 2014.
- Funds reported $44.5M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2015, up 0.42% quarter-over-quarter.
- 5 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2015 and 8 closed out, a net change of -3 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2015 was Raymond James & Associates, an estimated $1.49M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2015 was Commonwealth Equity Services, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2015.