IQ MacKay California Municipal Intermediate ETF
MMCA
5 hedge funds and large institutions have $35.7M invested in IQ MacKay California Municipal Intermediate ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more funds holding
Funds holding: 5 → 5 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
3.17% less ownership
Funds ownership: 88.44% → 85.27% (-3.2%)
21% less capital invested
Capital invested by funds: $45.2M → $35.7M (-$9.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.55M |
| 2 |
WC
Weil Company
San Diego,
California
|
+$800K |
| 3 |
HW
Hamilton Wealth
Encino,
California
|
+$9.62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$15.1M |
| 2 |
Jane Street
New York
|
-$262K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NYLIC
1
New York Life Insurance Company
New York
| $21.5M | – | – | – |
|
|
NYLIM
2
New York Life Investment Management
New York
| $6.05M | -$15.1M | -698,500 | -71% |
|
|
3
Citadel Advisors
Miami,
Florida
| $5.97M | +$5.55M | +257,495 | +1,260% |
|
|
HW
4
Hamilton Wealth
Encino,
California
| $1.42M | +$9.62K | +446 | +0.7% |
|
|
WC
5
Weil Company
San Diego,
California
| $797K | +$800K | +37,115 | New |
|
|
6
Jane Street
New York
| – | -$262K | -12,044 | Closed |
|
MMCA Hedge Fund Activity: Q2 2023 in Review
5 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay California Municipal Intermediate ETF (MMCA) for Q2 2023, worth a combined $35.7M — down 21% from $45.2M a quarter earlier.
Fund positioning in MMCA was balanced in Q2 2023: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $5.55M. The largest seller was New York Life Investment Management, cutting an estimated $15.1M.
- 5 institutional investors held IQ MacKay California Municipal Intermediate ETF (MMCA) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $35.7M of IQ MacKay California Municipal Intermediate ETF stock for Q2 2023, down 21% quarter-over-quarter.
- 1 fund opened new IQ MacKay California Municipal Intermediate ETF positions in Q2 2023 and 1 closed out, a net change of 0 holders.
- The largest IQ MacKay California Municipal Intermediate ETF buyer in Q2 2023 was Citadel Advisors, an estimated $5.55M added.
- The largest IQ MacKay California Municipal Intermediate ETF seller in Q2 2023 was New York Life Investment Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2023.