NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
38 hedge funds and large institutions have $77.6M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $74.4M → $77.6M (+$3.23M)
0.32% more ownership
Funds ownership: 13.72% → 14.04% (+0.32%)
3% less funds holding
Funds holding: 39 → 38 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.07M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$559K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$495K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$372K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$693K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$289K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$244K |
| 4 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$208K |
| 5 |
Morgan Stanley
New York
|
-$167K |
MMD Hedge Fund Activity: Q3 2017 in Review
38 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2017, worth a combined $77.6M — up 4.3% from $74.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MMD and 3 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 12 added.
The largest buyer was Invesco, adding an estimated $1.07M. The largest seller was Guggenheim Capital, cutting an estimated $693K.
- 38 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2017, down from 39 in Q2 2017.
- Funds reported $77.6M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2017, up 4.3% quarter-over-quarter.
- 3 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2017 was Invesco, an estimated $1.07M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2017 was Guggenheim Capital, an estimated $693K sold.
Based on aggregated 13F filings for Q3 2017.