NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
29 hedge funds and large institutions have $48.3M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 6 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
11% more capital invested
Capital invested by funds: $43.4M → $48.3M (+$4.89M)
0.76% more ownership
Funds ownership: 9.12% → 9.88% (+0.76%)
12% less funds holding
Funds holding: 33 → 29 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.46M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.21M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$913K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$505K |
| 5 |
LSA
Liberty Street Advisors
New York
|
+$395K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$596K |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$552K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$222K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$183K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$56.2K |
MMD Hedge Fund Activity: Q3 2015 in Review
29 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2015, worth a combined $48.3M — up 11% from $43.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MMD and 2 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 13 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.46M. The largest seller was Doliver Advisors, exiting entirely with an estimated $596K sold.
- 29 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2015, down from 33 in Q2 2015.
- Funds reported $48.3M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2015, up 11% quarter-over-quarter.
- 2 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2015 and 6 closed out, a net change of -4 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2015 was Raymond James & Associates, an estimated $1.46M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2015 was Doliver Advisors, an estimated $596K sold.
Based on aggregated 13F filings for Q3 2015.