NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
49 hedge funds and large institutions have $118M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1.09% more ownership
Funds ownership: 18.36% → 19.45% (+1.1%)
4% more capital invested
Capital invested by funds: $114M → $118M (+$4.38M)
2% less funds holding
Funds holding: 50 → 49 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$4.17M |
| 2 |
XF
XML Financial
Bethesda,
Maryland
|
+$3.09M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.07M |
| 4 |
Morgan Stanley
New York
|
+$896K |
| 5 |
PGWM
Parisi Gray Wealth Management
Mendham,
New Jersey
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.98M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$886K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$527K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$525K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$506K |
MMD Hedge Fund Activity: Q3 2021 in Review
49 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2021, worth a combined $118M — up 3.9% from $114M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MMD positions and 5 closed out — a net gain of 1 holder — while 25 added to existing stakes and 10 trimmed.
The largest buyer was Transcend Capital Advisors, opening a new position worth an estimated $4.17M. The largest seller was Wells Fargo, cutting an estimated $2.98M.
- 49 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2021, down from 50 in Q2 2021.
- Funds reported $118M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2021, up 3.9% quarter-over-quarter.
- 6 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2021 and 5 closed out, a net change of +1 holder.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2021 was Transcend Capital Advisors, an estimated $4.17M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2021 was Wells Fargo, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2021.