NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
42 hedge funds and large institutions have $87.1M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 4 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
0.15% less ownership
Funds ownership: 15.21% → 15.05% (-0.15%)
0% less capital invested
Capital invested by funds: $87.5M → $87.1M (-$367K)
2% less funds holding
Funds holding: 43 → 42 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$721K |
| 2 |
BP
Ballentine Partners
Waltham,
Massachusetts
|
+$410K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$298K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$211K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$938K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$729K |
| 3 |
Morgan Stanley
New York
|
-$588K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$539K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$250K |
MMD Hedge Fund Activity: Q3 2019 in Review
42 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2019, worth a combined $87.1M — down 0.42% from $87.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MMD and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 20 added.
The largest buyer was Wells Fargo, adding an estimated $721K. The largest seller was Bank of America, cutting an estimated $938K.
- 42 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2019, down from 43 in Q2 2019.
- Funds reported $87.1M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2019, down 0.42% quarter-over-quarter.
- 3 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2019 and 4 closed out, a net change of -1 holder.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2019 was Wells Fargo, an estimated $721K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2019 was Bank of America, an estimated $938K sold.
Based on aggregated 13F filings for Q3 2019.