Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nyli Mackay Definedterm Muni (MMD)

71 + Investors. Track Smart Money conviction in MMD. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
62%

Smart Money Signals — MMD

Based on 71 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added MMD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
71 hedge funds hold MMD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

38 buying23 selling
Last quarter: 38 funds were net buyers (9 opened a brand new position + 29 added to an existing one). Only 23 were sellers (17 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 19 → 8 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

41% of holders stayed for 2+ years

41% conviction (2yr+) 41% medium 18% new
29 out of 71 hedge funds have held MMD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

6 → 8 → 19 → 8 → 9 new funds/Q
New funds entering each quarter: 8 → 19 → 8 → 9. MMD is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 59% veterans vs 24% newcomers

59% veterans 17% 1-2yr 24% new
Entry-cohort mix of 71 holders: 42 (59%) are 2+ year veterans, 12 entered 1–2 years ago, and 17 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
13 of 71 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MMD

In 2026 Q2, 38 hedge funds were net buyers of MMD (9 opened a new position, 29 added to an existing one), while 23 reduced or exited (17 trimmed, 6 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. 29% of total institutional value in MMD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 71.

Hedge Fund Ownership: MMD

How many hedge funds hold MMD — quarterly history vs. share price
Quarterly hedge fund ownership of MMD vs. share price

Market Analysis: MMD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMD

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: MMD
71 + Investors

Track Smart Money conviction in MMD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 71 68 4.41%
13F Shares 6M 5M 9.31%
Total Value $88M $77M 14.17%
New Positions 9 8 +1
Increased Positions 29 21 +8
Closed Positions 6 14 -8
Reduced Positions 17 23 -6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MMD

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Institutional Holders (2026 Q2)

71 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MMD. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MMD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Robinson Capital Management, LLC 3.14% 458,692 $7.1M
2 Noble Wealth Management PBC 0.87% 124,708 $1.9M
3 Worthington Financial Partners, LLC 0.67% 52,059 $807K
4 Whipplewood Advisors, LLC 0.53% 50,902 $789K
5 Hopwood Nicholas Hunter 0.35% 71,798 $1.1M
6 Hennion & Walsh Asset Management, Inc. 0.32% 728,962 $11.3M
7 Rareview Capital LLC 0.32% 38,814 $574K
8 Thomas J. Herzfeld Advisors, Inc. 0.29% 60,688 $941K
9 Arlington Capital Management, Inc. 0.18% 18,694 $290K
10 Integrated Capital Management, INC. 0.15% 13,937 $216K
11 Ackerman Capital Advisors, LLC 0.14% 46,364 $719K
12 Intellus Advisors LLC 0.13% 69,702 $1.1M
13 ProVise Management Group, LLC 0.11% 103,033 $1.6M
14 City of London Investment Management Co Ltd 0.08% 87,267 $1.4M
15 Rivernorth Capital Management, LLC 0.07% 99,375 $1.5M
16 WealthPLAN Partners, LLC 0.07% 24,590 $381K
17 1607 Capital Partners, LLC 0.07% 50,886 $789K
18 Global Endowment Management, LP 0.04% 26,413 $409K
19 PlanVest Financial, Inc 0.04% 3,900 $60K
20 Guggenheim Capital LLC 0.04% 413,332 $6.4M
21 XML Financial, LLC 0.04% 32,505 $504K
22 Scarborough Advisors, LLC 0.03% 19,530 $300K
23 Compass Financial Group, INC/SD 0.02% 14,014 $217K
24 Pasadena Private Wealth, LLC 0.02% 10,000 $155K
25 Advisors Asset Management, Inc. 0.02% 78,096 $1.2M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nyli Mackay Definedterm Muni (MMD)

What does the Smart Money Trend signal show for MMD?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added MMD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MMD?

More buyers than sellers — 62% buying: Last quarter: 38 funds were net buyers (9 opened a brand new position + 29 added to an existing one). Only 23 were sellers (17 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for MMD holders?

Strong quality — 29% AUM from major funds: 13 of 71 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MMD?

41% of holders stayed for 2+ years: 29 out of 71 hedge funds have held MMD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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