NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
52 hedge funds and large institutions have $102M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 8 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
0.85% more ownership
Funds ownership: 18.81% → 19.66% (+0.85%)
7% less funds holding
Funds holding: 56 → 52 (-4)
10% less capital invested
Capital invested by funds: $114M → $102M (-$11.5M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XF
XML Financial
Bethesda,
Maryland
|
+$1.76M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.54M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.39M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.32M |
| 5 |
Rockefeller Capital Management
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Chemistry Wealth Management
New York
|
-$1.06M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$801K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$734K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$633K |
| 5 |
Millennium Management
New York
|
-$558K |
MMD Hedge Fund Activity: Q1 2022 in Review
52 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2022, worth a combined $102M — down 10% from $114M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MMD and 4 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 26 added.
The largest buyer was XML Financial, adding an estimated $1.76M. The largest seller was Chemistry Wealth Management, exiting entirely with an estimated $1.06M sold.
- 52 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2022, down from 56 in Q4 2021.
- Funds reported $102M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2022, down 10% quarter-over-quarter.
- 4 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2022 and 8 closed out, a net change of -4 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2022 was XML Financial, an estimated $1.76M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2022 was Chemistry Wealth Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2022.