NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
33 hedge funds and large institutions have $43.4M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
18% more funds holding
Funds holding: 28 → 33 (+5)
0.43% more ownership
Funds ownership: 8.7% → 9.12% (+0.43%)
3% less capital invested
Capital invested by funds: $44.5M → $43.4M (-$1.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.35M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$645K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$509K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$506K |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$1.04M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$617K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$596K |
| 4 |
Morgan Stanley
New York
|
-$465K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$350K |
MMD Hedge Fund Activity: Q2 2015 in Review
33 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q2 2015, worth a combined $43.4M — down 2.6% from $44.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MMD positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $2.35M. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $1.04M sold.
- 33 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q2 2015, up from 28 in Q1 2015.
- Funds reported $43.4M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q2 2015, down 2.6% quarter-over-quarter.
- 8 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q2 2015 and 3 closed out, a net change of +5 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q2 2015 was Bank of America, an estimated $2.35M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q2 2015 was Liberty Street Advisors, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2015.