NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
41 hedge funds and large institutions have $80.1M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 6 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
35% more capital inflows, than outflows
Capital inflows: $9.4M | Capital outflows: $6.99M
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
0.05% more ownership
Funds ownership: 15.05% → 15.1% (+0.05%)
0% more funds holding
Funds holding: 41 → 41 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.4M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.61M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$683K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$635K |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$500K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$461K |
| 4 |
BP
Ballentine Partners
Waltham,
Massachusetts
|
-$458K |
| 5 |
VanEck Associates
New York
|
-$401K |
MMD Hedge Fund Activity: Q1 2020 in Review
41 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2020, worth a combined $80.1M — down 8.4% from $87.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MMD positions and 6 closed out — a net gain of 2 holders — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.4M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $4.3M sold.
- 41 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $80.1M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2020, down 8.4% quarter-over-quarter.
- 8 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2020 and 6 closed out, a net change of +2 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2020 was Morgan Stanley, an estimated $2.4M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $4.3M sold.
Based on aggregated 13F filings for Q1 2020.