IQ MacKay California Municipal Intermediate ETF
MMCA
6 hedge funds and large institutions have $17.8M invested in IQ MacKay California Municipal Intermediate ETF in 2024 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
2.89% less ownership
Funds ownership: 78.32% → 75.43% (-2.9%)
9% less capital invested
Capital invested by funds: $19.6M → $17.8M (-$1.76M)
25% less funds holding
Funds holding: 8 → 6 (-2)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Weil Company
San Diego,
California
|
+$391K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.63M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$470K |
| 3 |
Morgan Stanley
New York
|
-$27 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NYLIM
1
New York Life Investment Management
New York
| $10.4M | – | – | – |
|
|
WC
2
Weil Company
San Diego,
California
| $5.37M | +$391K | +18,226 | +8% |
|
|
3
Citadel Advisors
Miami,
Florida
| $608K | +$181K | +8,443 | +42% |
|
4
HighTower Advisors
Chicago,
Illinois
| $594K | – | – | – |
|
|
5
Jane Street
New York
| $511K | -$1.63M | -76,001 | -76% |
|
|
IAIM
6
International Assets Investment Management
Orlando,
Florida
| $315K | – | – | – |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$470K | -21,601 | Closed |
|
|
8
Morgan Stanley
New York
| – | -$27 | -1 | Closed |
|
MMCA Hedge Fund Activity: Q2 2024 in Review
6 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay California Municipal Intermediate ETF (MMCA) for Q2 2024, worth a combined $17.8M — down 9% from $19.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MMCA and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Weil Company, adding an estimated $391K. The largest seller was Jane Street, cutting an estimated $1.63M.
- 6 institutional investors held IQ MacKay California Municipal Intermediate ETF (MMCA) as of Q2 2024, down from 8 in Q1 2024.
- Funds reported $17.8M of IQ MacKay California Municipal Intermediate ETF stock for Q2 2024, down 9% quarter-over-quarter.
- 0 funds opened new IQ MacKay California Municipal Intermediate ETF positions in Q2 2024 and 2 closed out, a net change of -2 holders.
- The largest IQ MacKay California Municipal Intermediate ETF buyer in Q2 2024 was Weil Company, an estimated $391K added.
- The largest IQ MacKay California Municipal Intermediate ETF seller in Q2 2024 was Jane Street, an estimated $1.63M sold.
Based on aggregated 13F filings for Q2 2024.