IQ MacKay California Municipal Intermediate ETF
MMCA
5 hedge funds and large institutions have $25.4M invested in IQ MacKay California Municipal Intermediate ETF in 2023 Q3 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
6.41% less ownership
Funds ownership: 85.27% → 78.86% (-6.4%)
29% less capital invested
Capital invested by funds: $35.7M → $25.4M (-$10.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Weil Company
San Diego,
California
|
+$2.03M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$280K |
| 3 |
HW
Hamilton Wealth
Encino,
California
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$6.05M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NYLIC
1
New York Life Insurance Company
New York
| $20.8M | – | – | – |
|
|
WC
2
Weil Company
San Diego,
California
| $2.76M | +$2.03M | +95,607 | +258% |
|
|
HW
3
Hamilton Wealth
Encino,
California
| $1.39M | +$10.6K | +500 | +0.8% |
|
|
IAIM
4
International Assets Investment Management
Orlando,
Florida
| $275K | +$280K | +13,165 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| $202K | -$5.7M | -268,221 | -97% |
|
|
NYLIM
6
New York Life Investment Management
New York
| – | -$6.05M | -281,500 | Closed |
|
MMCA Hedge Fund Activity: Q3 2023 in Review
5 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay California Municipal Intermediate ETF (MMCA) for Q3 2023, worth a combined $25.4M — down 29% from $35.7M a quarter earlier.
Fund positioning in MMCA was balanced in Q3 2023: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Weil Company, adding an estimated $2.03M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $6.05M sold.
- 5 institutional investors held IQ MacKay California Municipal Intermediate ETF (MMCA) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $25.4M of IQ MacKay California Municipal Intermediate ETF stock for Q3 2023, down 29% quarter-over-quarter.
- 1 fund opened new IQ MacKay California Municipal Intermediate ETF positions in Q3 2023 and 1 closed out, a net change of 0 holders.
- The largest IQ MacKay California Municipal Intermediate ETF buyer in Q3 2023 was Weil Company, an estimated $2.03M added.
- The largest IQ MacKay California Municipal Intermediate ETF seller in Q3 2023 was New York Life Investment Management, an estimated $6.05M sold.
Based on aggregated 13F filings for Q3 2023.