NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
43 hedge funds and large institutions have $87.5M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
2% more capital invested
Capital invested by funds: $86.2M → $87.5M (+$1.34M)
0.18% less ownership
Funds ownership: 15.39% → 15.21% (-0.18%)
7% less funds holding
Funds holding: 46 → 43 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.41M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$829K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$386K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$297K |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.88M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.04M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$535K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$441K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$275K |
MMD Hedge Fund Activity: Q2 2019 in Review
43 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q2 2019, worth a combined $87.5M — up 1.5% from $86.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MMD and 2 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was Morgan Stanley, adding an estimated $1.41M. The largest seller was UBS Group, cutting an estimated $1.88M.
- 43 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q2 2019, down from 46 in Q1 2019.
- Funds reported $87.5M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q2 2019, up 1.5% quarter-over-quarter.
- 2 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q2 2019 and 5 closed out, a net change of -3 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.41M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q2 2019 was UBS Group, an estimated $1.88M sold.
Based on aggregated 13F filings for Q2 2019.