NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
57 hedge funds and large institutions have $108M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 8 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
14% more capital invested
Capital invested by funds: $94.9M → $108M (+$12.9M)
1.03% more ownership
Funds ownership: 21.22% → 22.25% (+1%)
7% less funds holding
Funds holding: 61 → 57 (-4)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.89M |
| 2 |
XF
XML Financial
Bethesda,
Maryland
|
+$843K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$621K |
| 4 |
LPL Financial
San Diego,
California
|
+$612K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$742K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$410K |
| 3 |
Millennium Management
New York
|
-$403K |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$398K |
| 5 |
Morgan Stanley
New York
|
-$337K |
MMD Hedge Fund Activity: Q1 2023 in Review
57 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2023, worth a combined $108M — up 14% from $94.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MMD and 5 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 28 added.
The largest buyer was Ameriprise, adding an estimated $2.89M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $742K sold.
- 57 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2023, down from 61 in Q4 2022.
- Funds reported $108M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2023, up 14% quarter-over-quarter.
- 5 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2023 and 8 closed out, a net change of -3 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2023 was Ameriprise, an estimated $2.89M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2023 was Weiss Asset Management, an estimated $742K sold.
Based on aggregated 13F filings for Q1 2023.