IQ MacKay California Municipal Intermediate ETF
MMCA
14 hedge funds and large institutions have $27.5M invested in IQ MacKay California Municipal Intermediate ETF in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
56% more funds holding
Funds holding: 9 → 14 (+5)
20% more capital invested
Capital invested by funds: $22.9M → $27.5M (+$4.57M)
3.68% less ownership
Funds ownership: 82.69% → 79% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWA
Octavia Wealth Advisors
Cincinnati,
Ohio
|
+$1.77M |
| 2 |
Jane Street
New York
|
+$564K |
| 3 |
BC
Brio Consultants
San Francisco,
California
|
+$454K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$396K |
| 5 |
WPC
Wedmont Private Capital
West Chester,
Pennsylvania
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$204K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$25.8K |
| 3 |
Morgan Stanley
New York
|
-$30 |
MMCA Hedge Fund Activity: Q3 2025 in Review
14 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay California Municipal Intermediate ETF (MMCA) for Q3 2025, worth a combined $27.5M — up 20% from $22.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MMCA positions and 2 closed out — a net gain of 5 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Octavia Wealth Advisors, opening a new position worth an estimated $1.77M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $204K sold.
- 14 institutional investors held IQ MacKay California Municipal Intermediate ETF (MMCA) as of Q3 2025, up from 9 in Q2 2025.
- Funds reported $27.5M of IQ MacKay California Municipal Intermediate ETF stock for Q3 2025, up 20% quarter-over-quarter.
- 7 funds opened new IQ MacKay California Municipal Intermediate ETF positions in Q3 2025 and 2 closed out, a net change of +5 holders.
- The largest IQ MacKay California Municipal Intermediate ETF buyer in Q3 2025 was Octavia Wealth Advisors, an estimated $1.77M added.
- The largest IQ MacKay California Municipal Intermediate ETF seller in Q3 2025 was Susquehanna International Group, an estimated $204K sold.
Based on aggregated 13F filings for Q3 2025.