NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
45 hedge funds and large institutions have $82.7M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
5% more funds holding
Funds holding: 43 → 45 (+2)
4% more capital invested
Capital invested by funds: $79.8M → $82.7M (+$2.88M)
0.62% more ownership
Funds ownership: 14.75% → 15.37% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.88M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.29M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.13M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$285K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$688K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$382K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$330K |
| 4 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$275K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$225K |
MMD Hedge Fund Activity: Q4 2018 in Review
45 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q4 2018, worth a combined $82.7M — up 3.6% from $79.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MMD positions and 2 closed out — a net gain of 2 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.88M. The largest seller was Invesco, cutting an estimated $688K.
- 45 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q4 2018, up from 43 in Q3 2018.
- Funds reported $82.7M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q4 2018, up 3.6% quarter-over-quarter.
- 4 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q4 2018 and 2 closed out, a net change of +2 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q4 2018 was Morgan Stanley, an estimated $1.88M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q4 2018 was Invesco, an estimated $688K sold.
Based on aggregated 13F filings for Q4 2018.