NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
59 hedge funds and large institutions have $96.1M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
4% more funds holding
Funds holding: 57 → 59 (+2)
0.58% less ownership
Funds ownership: 22.2% → 21.62% (-0.58%)
9% less capital invested
Capital invested by funds: $106M → $96.1M (-$9.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$621K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$435K |
| 3 |
RC
Rovin Capital
Mesa,
Arizona
|
+$347K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$344K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.44M |
| 2 |
EH
Equitable Holdings
New York
|
-$311K |
| 3 |
LFS
Legacy Financial Strategies
Overland Park,
Kansas
|
-$284K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$280K |
| 5 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$222K |
MMD Hedge Fund Activity: Q3 2023 in Review
59 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q3 2023, worth a combined $96.1M — down 9% from $106M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MMD positions and 5 closed out — a net gain of 2 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was ArchPoint Investors, adding an estimated $621K. The largest seller was Raymond James & Associates, cutting an estimated $4.44M.
- 59 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q3 2023, up from 57 in Q2 2023.
- Funds reported $96.1M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q3 2023, down 9% quarter-over-quarter.
- 7 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q3 2023 and 5 closed out, a net change of +2 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q3 2023 was ArchPoint Investors, an estimated $621K added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q3 2023 was Raymond James & Associates, an estimated $4.44M sold.
Based on aggregated 13F filings for Q3 2023.