NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
46 hedge funds and large institutions have $86.2M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 45 → 46 (+1)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $82.7M → $86.2M (+$3.48M)
0.02% more ownership
Funds ownership: 15.37% → 15.39% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$847K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$581K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$546K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$469K |
| 5 |
Morgan Stanley
New York
|
+$465K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$760K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$696K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$660K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$633K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$621K |
MMD Hedge Fund Activity: Q1 2019 in Review
46 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2019, worth a combined $86.2M — up 4.2% from $82.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MMD positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, adding an estimated $847K. The largest seller was Invesco, cutting an estimated $760K.
- 46 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2019, up from 45 in Q4 2018.
- Funds reported $86.2M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2019, up 4.2% quarter-over-quarter.
- 6 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2019 and 5 closed out, a net change of +1 holder.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2019 was LPL Financial, an estimated $847K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2019 was Invesco, an estimated $760K sold.
Based on aggregated 13F filings for Q1 2019.