NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
40 hedge funds and large institutions have $92.7M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 4 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
1% more capital inflows, than outflows
Capital inflows: $2.79M | Capital outflows: $2.76M
0% more funds holding
Funds holding: 40 → 40 (0)
0% more ownership
Funds ownership: 16.22% → 16.22% (+0%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$816K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$144K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$138K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$122K |
| 5 |
LPL Financial
San Diego,
California
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$582K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$435K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$269K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$220K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$206K |
MMD Hedge Fund Activity: Q3 2020 in Review
40 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2020, worth a combined $92.7M — up 1.7% from $91.2M a quarter earlier.
Fund positioning in MMD was balanced in Q3 2020: 4 funds opened new positions, 4 closed out, 16 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $816K. The largest seller was Bank of America, cutting an estimated $582K.
- 40 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $92.7M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2020, up 1.7% quarter-over-quarter.
- 4 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2020 and 4 closed out, a net change of 0 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2020 was Morgan Stanley, an estimated $816K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2020 was Bank of America, an estimated $582K sold.
Based on aggregated 13F filings for Q3 2020.