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NYLI MacKay DefinedTerm Muni Opportunities Fund

MMD
Exchange
NYSE
SEC CIK
0001518557

In the last 90 days, NYLI MacKay DefinedTerm Muni Opportunities Fund insiders filed 0 open-market purchases and 1 sale; 70 institutions reported holding it in 13F filings for Q2 2026, worth $90.2M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in NYLI MacKay DefinedTerm Muni Opportunities Fund as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
77
+13 vs. Q3 2025
Shares held
5.75M
+1.01M (+21.3%) vs. Q3 2025
Total value
$85.5M
+$13.8M (+19.2%) vs. Q3 2025
New holders
19
22 more added
Sold out
6
20 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MMD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 77 institutions
Q1 2021: 50 institutionsQ2 2021: 50 institutionsQ3 2021: 50 institutionsQ4 2021: 57 institutionsQ1 2022: 51 institutionsQ2 2022: 48 institutionsQ3 2022: 57 institutionsQ4 2022: 61 institutionsQ1 2023: 57 institutionsQ2 2023: 57 institutionsQ3 2023: 60 institutionsQ4 2023: 74 institutionsQ1 2024: 74 institutionsQ2 2024: 68 institutionsQ3 2024: 65 institutionsQ4 2024: 62 institutionsQ1 2025: 66 institutionsQ2 2025: 61 institutionsQ3 2025: 64 institutionsQ4 2025: 77 institutionsQ1 2026: 71 institutionsQ2 2026: 70 institutions
Value heldQ4 2025: $85.5M
Q1 2021: $116.2MQ2 2021: $113.8MQ3 2021: $118.2MQ4 2021: $114.5MQ1 2022: $100.8MQ2 2022: $97.6MQ3 2022: $94.2MQ4 2022: $94.9MQ1 2023: $107.8MQ2 2023: $105.6MQ3 2023: $97.0MQ4 2023: $110.7MQ1 2024: $110.5MQ2 2024: $124.4MQ3 2024: $124.2MQ4 2024: $57.9MQ1 2025: $65.5MQ2 2025: $67.6MQ3 2025: $71.8MQ4 2025: $85.5MQ1 2026: $82.0MQ2 2026: $90.2M
Institutions holding MMD and their total value by quarter
QuarterHoldersValue
Q2 202670$90.2M
Q1 202671$82.0M
Q4 202577$85.5M
Q3 202564$71.8M
Q2 202561$67.6M
Q1 202566$65.5M
Q4 202462$57.9M
Q3 202465$124.2M
Q2 202468$124.4M
Q1 202474$110.5M
Q4 202374$110.7M
Q3 202360$97.0M
Q2 202357$105.6M
Q1 202357$107.8M
Q4 202261$94.9M
Q3 202257$94.2M
Q2 202248$97.6M
Q1 202251$100.8M
Q4 202157$114.5M
Q3 202150$118.2M
Q2 202150$113.8M
Q1 202150$116.2M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding NYLI MacKay DefinedTerm Muni Opportunities Fund; share changes are against Q3 2025.

Institutions holding MMD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Hennion & Walsh Asset Management, Inc.739,494$11.0M0.38%+38,972+5.6%Added
Raymond James Financial Inc601,932$8.95M0.00%+34,129+6.0%Added
Morgan Stanley467,318$6.95M0.00%−70,832−13.2%Reduced
Guggenheim Capital LLC449,927$6.69M0.05%+29,643+7.1%Added
Robinson Capital Management, LLC379,555$5.64M2.37%+379,555New
Bank of America Corp323,190$4.81M0.00%+30,959+10.6%Added
Wells Fargo & Company256,146$3.81M0.00%+21,567+9.2%Added
Royal Bank of Canada152,597$2.27M0.00%+1,204+0.8%Added
Logan Stone Capital, LLC97,306$1.45M0.36%+97,306New
Thomas J. Herzfeld Advisors, Inc.97,226$1.45M0.49%+722+0.7%Added
GWM Advisors LLC95,939$1.43M0.01%−14,901−13.4%Reduced
Envestnet Asset Management Inc91,789$1.36M0.00%−3,776−4.0%Reduced
ProVise Management Group, LLC91,346$1.36M0.10%+2,898+3.3%Added
Wolverine Asset Management LLC88,173$1.31M0.02%+88,173New
City of London Investment Management Co Ltd87,267$1.30M0.10%00.0%Unchanged
Noble Wealth Management PBC85,993$1.28M0.64%+7,868+10.1%Added
Intellus Advisors LLC83,330$1.24M0.16%−512−0.6%Reduced
Park Avenue Securities LLC80,710$1.20M0.01%−5,176−6.0%Reduced
Hopwood Nicholas Hunter71,798$1.07M0.35%+71,798New
Pathstone Holdings, LLC69,607$1.04M0.00%+69,607New
Ackerman Capital Advisors, LLC66,595$990.3K0.20%+19,646+41.8%Added
UBS Group AG65,274$970.6K0.00%−5,104−7.3%Reduced
Balyasny Asset Management LLC62,636$931.4K0.00%+62,636New
Worthington Financial Partners, LLC61,259$910.9K0.81%+61,259New
LPL Financial LLC56,432$839.1K0.00%−70,476−55.5%Reduced
Mercer Global Advisors Inc51,041$759.0K0.00%+570+1.1%Added
Whipplewood Advisors, LLC49,772$740.1K0.48%+201+0.4%Added
Cohen & Steers, Inc.45,000$669.0K0.00%00.0%Unchanged
AQR Capital Management LLC41,539$617.7K0.00%+494+1.2%Added
Rivernorth Capital Management, LLC40,239$598.4K0.03%+40,239New
Invesco Ltd.37,015$550.4K0.00%+37,015New
1607 Capital Partners, LLC35,062$521.4K0.04%+35,062New
Wiley Bros.-Aintree Capital, LLC33,047$491.4K0.00%+33,047New
XML Financial, LLC32,505$483.3K0.04%+550+1.7%Added
Wedbush Securities Inc32,072$477.0K0.01%−335−1.0%Reduced
Steward Partners Investment Advisory, LLC30,675$456.1K0.00%−1,624−5.0%Reduced
Global Endowment Management, LP30,000$446.0K0.06%00.0%Unchanged
Financial Advisory Corp28,801$428.0K0.11%+341+1.2%Added
WealthPLAN Partners, LLC26,420$392.9K0.06%00.0%Unchanged
Millennium Management LLC26,081$387.8K0.00%+26,081New
Equitable Holdings, Inc.25,524$379.5K0.00%−1,036−3.9%Reduced
Northwestern Mutual Wealth Management Co24,986$371.5K0.00%−1,297−4.9%Reduced
Ameriprise Financial Inc24,789$368.6K0.00%−3,872−13.5%Reduced
Centaurus Financial, Inc.24,325$362.0K0.02%−994−3.9%Reduced
Rockefeller Capital Management L.P.24,023$357.2K0.00%+57+0.2%Added
Plancorp, LLC23,807$354.0K0.01%00.0%Unchanged
Bank of New York Mellon Corp23,781$353.6K0.00%+23,781New
Jane Street Group, LLC22,064$328.1K0.00%+1,389+6.7%Added
Brandywine Oak Private Wealth LLC20,000$297.4K0.02%00.0%Unchanged
Stifel Financial Corp19,642$292.1K0.00%−25,253−56.2%Reduced
Scarborough Advisors, LLC19,530$290.4K0.05%+19,530New
U.S. Capital Wealth Advisors, LLC19,026$282.9K0.01%00.0%Unchanged
Readystate Asset Management LP18,103$269.2K0.01%+18,103New
Arlington Capital Management, Inc.17,359$258.1K0.16%+1,339+8.4%Added
Integrated Capital Management, Inc.17,213$256.0K0.17%+256+1.5%Added
Landscape Capital Management, L.L.C.16,602$246.9K0.02%−6,322−27.6%Reduced
Cetera Investment Advisers15,995$237.8K0.00%+331+2.1%Added
SRS Capital Advisors, Inc.14,922$221.9K0.01%−238−1.6%Reduced
Advisor Group Holdings, Inc.14,546$216.3K0.00%−1,226−7.8%Reduced
Compass Financial Group, INC14,014$208.4K0.03%00.0%Unchanged
Nomura Holdings Inc13,812$205.4K0.00%+13,812New
Main Street Financial Solutions, LLC13,603$202.3K0.02%+3,482+34.4%Added
NewEdge Wealth, LLC11,520$171.3K0.00%−1,870−14.0%Reduced
Cyndeo Wealth Partners, LLC10,655$158.4K0.01%−2,544−19.3%Reduced
Financially in Tune, LLC10,415$154.9K0.14%+10,415New
Pasadena Private Wealth, LLC10,000$148.7K0.02%+10,000New
Kestra Advisory Services, LLC6,481$96.4K0.00%+6,481New
CoreCap Advisors, LLC3,910$58.1K0.00%00.0%Unchanged
Comerica Bank3,647$54.2K0.00%−1,527−29.5%Reduced
Center for Financial Planning, Inc.2,000$29.7K0.00%00.0%Unchanged
Wall Street Access Asset Management, LLC920$13.7K0.00%00.0%Unchanged
Kilter Group LLC854$12.7K0.01%+58+7.3%Added
Smallwood Wealth Investment Management, LLC745$11.1K0.01%00.0%Unchanged
FNY Investment Advisers, LLC600$8.00K0.00%00.0%Unchanged
Farther Finance Advisors, LLC500$7.43K0.00%00.0%Unchanged
Huntington National Bank–$3.72K0.00%––
Measured Wealth Private Client Group, LLC14$2080.00%00.0%Unchanged
Janney Montgomery Scott LLC0$00.00%−22,283−100.0%Sold out
Gilliland Jeter Wealth Management LLC0$00.00%−16,177−100.0%Sold out
Mount Yale Investment Advisors, LLC0$00.00%−12,141−100.0%Sold out
AlphaCore Capital LLC0$00.00%−11,000−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−11,000−100.0%Sold out
Eastern Bank0$00.00%−1−100.0%Sold out