NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
44 hedge funds and large institutions have $76.3M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
7% more funds holding
Funds holding: 41 → 44 (+3)
4% more capital invested
Capital invested by funds: $73.3M → $76.3M (+$2.96M)
0.15% more ownership
Funds ownership: 14.14% → 14.29% (+0.15%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.42M |
| 2 |
Morgan Stanley
New York
|
+$763K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$710K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$443K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$402K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.67M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.37M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$487K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$350K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$253K |
MMD Hedge Fund Activity: Q2 2018 in Review
44 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q2 2018, worth a combined $76.3M — up 4% from $73.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MMD positions and 2 closed out — a net gain of 4 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $1.42M. The largest seller was Advisors Asset Management, cutting an estimated $1.67M.
- 44 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q2 2018, up from 41 in Q1 2018.
- Funds reported $76.3M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q2 2018, up 4% quarter-over-quarter.
- 6 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q2 2018 and 2 closed out, a net change of +4 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q2 2018 was Bank of America, an estimated $1.42M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q2 2018 was Advisors Asset Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q2 2018.