NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
32 hedge funds and large institutions have $67.9M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 4 reducing their positions, and 4 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 4
21% more capital invested
Capital invested by funds: $55.9M → $67.9M (+$12M)
1.59% more ownership
Funds ownership: 10.33% → 11.92% (+1.6%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.28M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.07M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.07M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$894K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$546K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$361K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$202K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$157K |
| 5 |
Citigroup
New York
|
-$74.9K |
MMD Hedge Fund Activity: Q2 2016 in Review
32 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q2 2016, worth a combined $67.9M — up 21% from $55.9M a quarter earlier.
Fund positioning in MMD was balanced in Q2 2016: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 4 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $4.28M. The largest seller was LPL Financial, cutting an estimated $546K.
- 32 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $67.9M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q2 2016, up 21% quarter-over-quarter.
- 4 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q2 2016 and 4 closed out, a net change of 0 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q2 2016 was Guggenheim Capital, an estimated $4.28M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q2 2016 was LPL Financial, an estimated $546K sold.
Based on aggregated 13F filings for Q2 2016.