NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
50 hedge funds and large institutions have $116M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 6 reducing their positions, and 6 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 6
241% more capital inflows, than outflows
Capital inflows: $13.5M | Capital outflows: $3.97M
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 48 → 50 (+2)
1.59% more ownership
Funds ownership: 17.4% → 18.99% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$828K |
| 2 |
Morgan Stanley
New York
|
+$822K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$738K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$553K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.1M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$560K |
| 3 |
C
Certuity
North Palm Beach,
Florida
|
-$420K |
| 4 |
WP
WealthShield Partners
Cary,
North Carolina
|
-$278K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$241K |
MMD Hedge Fund Activity: Q1 2021 in Review
50 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2021, worth a combined $116M — up 11% from $105M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MMD positions and 6 closed out — a net gain of 2 holders — while 27 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $828K. The largest seller was Kestra Advisory Services, cutting an estimated $2.1M.
- 50 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $116M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2021, up 11% quarter-over-quarter.
- 8 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2021 and 6 closed out, a net change of +2 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2021 was Bank of America, an estimated $828K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2021 was Kestra Advisory Services, an estimated $2.1M sold.
Based on aggregated 13F filings for Q1 2021.