New Positions
20 managers initiated
Top five by reported value
NYLI MacKay DefinedTerm Muni Opportunities Fund NYQ:MMD
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
20 new19 added37 reduced7 exited
Total Institutional Holders
75
as of 2025-12-31
Top Holder
Hennion & Walsh Asset Management, Inc.
$11.0M
Largest QoQ Increase
Robinson Capital Management, LLC
+379,555 sh
Largest QoQ Decrease
Royal Bank of Canada
-171,184 sh
New Positions(20)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Robinson Capital Management, LLC | 379,555 | +379,555 | $5.6M | +$5.6M | — |
| Noble Wealth Management PBC | 164,118 | +164,118 | $2.5M | +$2.5M | — |
| Logan Stone Capital, LLC | 97,306 | +97,306 | $1.4M | +$1.4M | — |
| WOLVERINE ASSET MANAGEMENT LLC | 88,173 | +88,173 | $1.3M | +$1.3M | — |
| Pathstone Holdings, LLC | 69,607 | +69,607 | $1.0M | +$1.0M | — |
| Balyasny Asset Management LLC | 62,636 | +62,636 | $931.4K | +$931.4K | — |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 40,239 | +40,239 | $598.4K | +$598.4K | — |
| Invesco Ltd. | 37,015 | +37,015 | $550.4K | +$550.4K | — |
| 1607 Capital Partners, LLC | 35,062 | +35,062 | $521.4K | +$521.4K | — |
| WILEY BROS.-AINTREE CAPITAL, LLC | 33,047 | +33,047 | $491.4K | +$491.4K | — |
| MILLENNIUM MANAGEMENT LLC | 26,081 | +26,081 | $387.8K | +$387.8K | — |
| Bank of New York Mellon Corp | 23,781 | +23,781 | $353.6K | +$353.6K | — |
| Scarborough Advisors, LLC | 19,530 | +19,530 | $290.4K | +$290.4K | — |
| READYSTATE ASSET MANAGEMENT LP | 18,103 | +18,103 | $269.2K | +$269.2K | — |
| NOMURA HOLDINGS INC | 13,812 | +13,812 | $205.4K | +$205.4K | — |
| Financially in Tune, LLC | 10,415 | +10,415 | $154.9K | +$154.9K | — |
| Pasadena Private Wealth, LLC | 10,000 | +10,000 | $148.7K | +$148.7K | — |
| Kestra Advisory Services, LLC | 6,481 | +6,481 | $96.4K | +$96.4K | — |
| Kilter Group LLC | 854 | +854 | $12.7K | +$12.7K | — |
| FNY Investment Advisers, LLC | 600 | +600 | $8 | +$8 | — |
Added To(19)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Hennion & Walsh Asset Management, Inc. | 739,494 | +38,972 | $11.0M | +$397.4K | 5.6% |
| BANK OF AMERICA CORP /DE/ | 323,190 | +30,959 | $4.8M | +$384.4K | 10.6% |
| RAYMOND JAMES FINANCIAL INC | 601,932 | +34,129 | $9.0M | +$359.9K | 6.0% |
| GUGGENHEIM CAPITAL LLC | 449,927 | +29,643 | $6.7M | +$331.5K | 7.0% |
| Ackerman Capital Advisors, LLC | 66,595 | +19,646 | $990.3K | +$279.9K | 41.8% |
| WELLS FARGO & COMPANY/MN | 256,146 | +21,567 | $3.8M | +$259.7K | 9.2% |
| Main Street Financial Solutions, LLC | 13,603 | +3,482 | $202.3K | +$49.1K | 34.4% |
| ProVise Management Group, LLC | 91,346 | +2,898 | $1.4M | +$20.1K | 3.3% |
| Arlington Capital Management, Inc. | 17,359 | +1,339 | $258.1K | +$15.7K | 8.3% |
| JANE STREET GROUP, LLC | 22,064 | +1,389 | $328.1K | +$15.3K | 6.7% |
| Thomas J. Herzfeld Advisors, Inc. | 97,226 | +722 | $1.4M | -$14.4K | 0.7% |
| Whipplewood Advisors, LLC | 49,772 | +201 | $740.1K | -$9.9K | 0.4% |
| Rockefeller Capital Management L.P. | 24,023 | +57 | $357.2K | -$5.4K | 0.2% |
| MERCER GLOBAL ADVISORS INC /ADV | 51,041 | +570 | $759.0K | -$4.6K | 1.1% |
| AQR CAPITAL MANAGEMENT LLC | 41,539 | +494 | $617.7K | -$3.3K | 1.2% |
| Cetera Investment Advisers | 15,995 | +331 | $237.8K | +$833 | 2.1% |
| INTEGRATED CAPITAL MANAGEMENT, INC. | 17,213 | +256 | $256.0K | -$599 | 1.5% |
| XML Financial, LLC | 32,505 | +550 | $483.3K | -$130 | 1.7% |
| ROVIN CAPITAL /UT/ /ADV | 28,801 | +341 | $428 | -$3 | 1.2% |
Reduced(37)
Sold Out(7)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Gilliland Jeter Wealth Management LLC | 0 | -16,177 | $0 | -$244.8K | — |
| Summit Financial Wealth Advisors, LLC | 0 | -13,500 | $0 | -$199.7K | — |
| Mount Yale Investment Advisors, LLC | 0 | -12,141 | $0 | -$184.4K | — |
| AlphaCore Capital LLC | 0 | -11,000 | $0 | -$167.1K | — |
| OPPENHEIMER & CO INC | 0 | -11,000 | $0 | -$166.4K | — |
| Janney Montgomery Scott LLC | 0 | -22,283 | $0 | -$337 | — |
| EASTERN BANK | 0 | -1 | $0 | -$15 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| Hennion & Walsh Asset Management, Inc. | 739,494 | $11.0M | +38,972 | 5.6% |
| RAYMOND JAMES FINANCIAL INC | 601,932 | $9.0M | +34,129 | 6.0% |
| MORGAN STANLEY | 467,318 | $6.9M | -70,832 | -13.2% |
| GUGGENHEIM CAPITAL LLC | 449,927 | $6.7M | +29,643 | 7.0% |
| Robinson Capital Management, LLC | 379,555 | $5.6M | +379,555 | — |
| BANK OF AMERICA CORP /DE/ | 323,190 | $4.8M | +30,959 | 10.6% |
| WELLS FARGO & COMPANY/MN | 256,146 | $3.8M | +21,567 | 9.2% |
| Noble Wealth Management PBC | 164,118 | $2.5M | +164,118 | — |
| Royal Bank of Canada | 152,597 | $2.3M | -171,184 | -52.9% |
| Logan Stone Capital, LLC | 97,306 | $1.4M | +97,306 | — |
| Thomas J. Herzfeld Advisors, Inc. | 97,226 | $1.4M | +722 | 0.7% |
| NewEdge Advisors, LLC | 95,939 | $1.4M | -14,901 | -13.4% |
| ENVESTNET ASSET MANAGEMENT INC | 91,789 | $1.4M | -3,776 | -4.0% |
| ProVise Management Group, LLC | 91,346 | $1.4M | +2,898 | 3.3% |
| WOLVERINE ASSET MANAGEMENT LLC | 88,173 | $1.3M | +88,173 | — |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | 87,267 | $1.3M | 0 | 0.0% |
| Intellus Advisors LLC | 83,330 | $1.2M | -512 | -0.6% |
| Pathstone Holdings, LLC | 69,607 | $1.0M | +69,607 | — |
| Ackerman Capital Advisors, LLC | 66,595 | $990.3K | +19,646 | 41.8% |
| UBS Group AG | 65,274 | $970.6K | -5,104 | -7.3% |
New & Closed Positions this quarter
Closed Positions
7 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for MMD against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.