NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
35 hedge funds and large institutions have $56.9M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
21% more funds holding
Funds holding: 29 → 35 (+6)
18% more capital invested
Capital invested by funds: $48.3M → $56.9M (+$8.63M)
1.08% more ownership
Funds ownership: 9.88% → 10.96% (+1.1%)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$858K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$554K |
| 3 |
SG Americas Securities
New York
|
+$490K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$468K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$401K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$343K |
| 3 |
AIM
Allen Investment Management
New York
|
-$324K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$192K |
| 5 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$127K |
MMD Hedge Fund Activity: Q4 2015 in Review
35 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q4 2015, worth a combined $56.9M — up 18% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MMD positions and 3 closed out — a net gain of 6 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was National Planning Corporation, opening a new position worth an estimated $858K. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $401K sold.
- 35 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q4 2015, up from 29 in Q3 2015.
- Funds reported $56.9M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q4 2015, up 18% quarter-over-quarter.
- 9 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q4 2015 and 3 closed out, a net change of +6 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q4 2015 was National Planning Corporation, an estimated $858K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q4 2015 was Liberty Street Advisors, an estimated $401K sold.
Based on aggregated 13F filings for Q4 2015.