NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
48 hedge funds and large institutions have $105M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
20% more funds holding
Funds holding: 40 → 48 (+8)
13% more capital invested
Capital invested by funds: $92.7M → $105M (+$11.8M)
1.18% more ownership
Funds ownership: 16.22% → 17.4% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$3.73M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.94M |
| 3 |
C
Certuity
North Palm Beach,
Florida
|
+$409K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$395K |
| 5 |
Morgan Stanley
New York
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$535K |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$241K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$212K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$124K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$93.7K |
MMD Hedge Fund Activity: Q4 2020 in Review
48 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q4 2020, worth a combined $105M — up 13% from $92.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MMD positions and 2 closed out — a net gain of 8 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Transcend Capital Advisors, opening a new position worth an estimated $3.73M. The largest seller was Bank of America, cutting an estimated $535K.
- 48 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q4 2020, up from 40 in Q3 2020.
- Funds reported $105M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q4 2020, up 13% quarter-over-quarter.
- 10 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q4 2020 and 2 closed out, a net change of +8 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q4 2020 was Transcend Capital Advisors, an estimated $3.73M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q4 2020 was Bank of America, an estimated $535K sold.
Based on aggregated 13F filings for Q4 2020.