NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
32 hedge funds and large institutions have $68.8M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 1 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
1% more capital invested
Capital invested by funds: $67.9M → $68.8M (+$864K)
0.36% more ownership
Funds ownership: 11.92% → 12.27% (+0.36%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.62M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.25M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$371K |
| 4 |
Morgan Stanley
New York
|
+$302K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.35M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$857K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$321K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$79.8K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$68.2K |
MMD Hedge Fund Activity: Q3 2016 in Review
32 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2016, worth a combined $68.8M — up 1.3% from $67.9M a quarter earlier.
Fund positioning in MMD was balanced in Q3 2016: 1 fund opened new positions, 1 closed out, 17 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $2.62M. The largest seller was UBS Group, cutting an estimated $2.35M.
- 32 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $68.8M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2016, up 1.3% quarter-over-quarter.
- 1 fund opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2016 and 1 closed out, a net change of 0 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2016 was Bank of America, an estimated $2.62M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2016 was UBS Group, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2016.