IQ MacKay Municipal Insured ETF
MMIN
28 hedge funds and large institutions have $89.3M invested in IQ MacKay Municipal Insured ETF in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 1 reducing their positions, and 5 closing their positions.
1,400% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
22% more funds holding
Funds holding: 23 → 28 (+5)
6% more capital invested
Capital invested by funds: $84.1M → $89.3M (+$5.17M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14.58% less ownership
Funds ownership: 74.99% → 60.41% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.88M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.49M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.33M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$24.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.3M |
| 3 |
Jane Street
New York
|
-$1.39M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$100K |
| 5 |
AA
AlphaCentric Advisors
San Juan,
Puerto Rico
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $19K | +$18.7K | +687 | New |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| $6K | +$5.7K | +209 | New |
|
|
CPA
28
Clear Perspective Advisors
Aurora,
Illinois
| $413 | +$239K | +8,750 | New |
|
|
MSL
29
Mackay Shields LLC
New York
| – | -$24.1M | -891,650 | Closed |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$13.3M | -490,474 | Closed |
|
|
CAN
31
Cetera Advisor Networks
El Segundo,
California
| – | -$100K | -3,711 | Closed |
|
|
AA
32
AlphaCentric Advisors
San Juan,
Puerto Rico
| – | -$25K | -925 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | -$27 | -1 | Closed |
|
MMIN Hedge Fund Activity: Q3 2020 in Review
28 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Insured ETF (MMIN) for Q3 2020, worth a combined $89.3M — up 6.1% from $84.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MMIN positions and 5 closed out — a net gain of 5 holders — while 15 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.2M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $24.1M sold.
- 28 institutional investors held IQ MacKay Municipal Insured ETF (MMIN) as of Q3 2020, up from 23 in Q2 2020.
- Funds reported $89.3M of IQ MacKay Municipal Insured ETF stock for Q3 2020, up 6.1% quarter-over-quarter.
- 10 funds opened new IQ MacKay Municipal Insured ETF positions in Q3 2020 and 5 closed out, a net change of +5 holders.
- The largest IQ MacKay Municipal Insured ETF buyer in Q3 2020 was Morgan Stanley, an estimated $10.2M added.
- The largest IQ MacKay Municipal Insured ETF seller in Q3 2020 was Mackay Shields LLC, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2020.