NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD
74 hedge funds and large institutions have $111M invested in NYLIM MacKay DefinedTerm Muni Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
3% more funds holding
Funds holding: 72 → 74 (+2)
1% more capital invested
Capital invested by funds: $110M → $111M (+$1.29M)
0.13% more ownership
Funds ownership: 24.14% → 24.28% (+0.13%)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.51M |
| 2 |
Jane Street
New York
|
+$2.84M |
| 3 |
LPL Financial
San Diego,
California
|
+$955K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$749K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.6M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.19M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.15M |
| 4 |
Morgan Stanley
New York
|
-$1.07M |
| 5 |
XF
XML Financial
Bethesda,
Maryland
|
-$780K |
MMD Hedge Fund Activity: Q1 2024 in Review
74 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) for Q1 2024, worth a combined $111M — up 1.2% from $110M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MMD positions and 5 closed out — a net gain of 3 holders — while 25 added to existing stakes and 29 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.51M. The largest seller was Guggenheim Capital, cutting an estimated $1.6M.
- 74 institutional investors held NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) as of Q1 2024, up from 72 in Q4 2023.
- Funds reported $111M of NYLIM MacKay DefinedTerm Muni Opportunities Fund stock for Q1 2024, up 1.2% quarter-over-quarter.
- 8 funds opened new NYLIM MacKay DefinedTerm Muni Opportunities Fund positions in Q1 2024 and 5 closed out, a net change of +3 holders.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund buyer in Q1 2024 was Sit Investment Associates, an estimated $4.51M added.
- The largest NYLIM MacKay DefinedTerm Muni Opportunities Fund seller in Q1 2024 was Guggenheim Capital, an estimated $1.6M sold.
Based on aggregated 13F filings for Q1 2024.