NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
43 hedge funds and large institutions have $75.6M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 3 closing their positions.
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
13% more funds holding
Funds holding: 38 → 43 (+5)
0.26% less ownership
Funds ownership: 14.04% → 13.78% (-0.26%)
3% less capital invested
Capital invested by funds: $77.6M → $75.6M (-$2.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$952K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$552K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$529K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$525K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.63M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.87M |
| 3 |
Morgan Stanley
New York
|
-$690K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$471K |
| 5 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
-$153K |
MMD Hedge Fund Activity: Q4 2017 in Review
43 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q4 2017, worth a combined $75.6M — down 2.6% from $77.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MMD positions and 3 closed out — a net gain of 5 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Invesco, adding an estimated $952K. The largest seller was Guggenheim Capital, cutting an estimated $2.63M.
- 43 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q4 2017, up from 38 in Q3 2017.
- Funds reported $75.6M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q4 2017, down 2.6% quarter-over-quarter.
- 8 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q4 2017 and 3 closed out, a net change of +5 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q4 2017 was Invesco, an estimated $952K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q4 2017 was Guggenheim Capital, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2017.