IQ MacKay Municipal Insured ETF
MMIN
56 hedge funds and large institutions have $246M invested in IQ MacKay Municipal Insured ETF in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 7 reducing their positions, and 6 closing their positions.
343% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 7
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
43% more capital invested
Capital invested by funds: $173M → $246M (+$73.4M)
17% more funds holding
Funds holding: 48 → 56 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.01% less ownership
Funds ownership: 60.08% → 57.07% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$16.9M |
| 2 |
Jane Street
New York
|
+$9.9M |
| 3 |
MWM
Minot Wealth Management
Westwood,
Massachusetts
|
+$8.73M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.83M |
| 5 |
Morgan Stanley
New York
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthShield Partners
Cary,
North Carolina
|
-$2.31M |
| 2 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
-$1.07M |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$519K |
| 4 |
AWM
Avitas Wealth Management
Los Angeles,
California
|
-$300K |
| 5 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $67.9K | +$24.4K | +887 | +55% |
|
52
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $48K | – | – | – |
|
53
Wells Fargo
San Francisco,
California
| $25K | -$65.3K | -2,377 | -73% |
|
|
HI
54
Harbour Investments
Madison,
Wisconsin
| $15K | +$14.8K | +537 | New |
|
|
JFA
55
JNBA Financial Advisors
Bloomington,
Minnesota
| $3K | +$3.44K | +125 | New |
|
|
AIC
56
Ameritas Investment Company
Lincoln,
Nebraska
| $2.98K | +$3K | +109 | New |
|
|
APW
57
Aurora Private Wealth
Rockaway,
New Jersey
| – | -$1.07M | -38,678 | Closed |
|
|
AWM
58
Avitas Wealth Management
Los Angeles,
California
| – | -$300K | -10,848 | Closed |
|
|
SCA
59
Snowden Capital Advisors
New York
| – | -$201K | -7,275 | Closed |
|
|
PGAM
60
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$25K | -911 | Closed |
|
|
TIAM2
61
Tru Independence Asset Management 2
Portland,
Oregon
| – | -$11K | -400 | Closed |
|
|
ASN
62
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -209 | Closed |
|
MMIN Hedge Fund Activity: Q1 2021 in Review
56 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Insured ETF (MMIN) for Q1 2021, worth a combined $246M — up 43% from $173M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MMIN positions and 6 closed out — a net gain of 8 holders — while 31 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $16.9M. The largest seller was WealthShield Partners, cutting an estimated $2.31M.
- 56 institutional investors held IQ MacKay Municipal Insured ETF (MMIN) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $246M of IQ MacKay Municipal Insured ETF stock for Q1 2021, up 43% quarter-over-quarter.
- 14 funds opened new IQ MacKay Municipal Insured ETF positions in Q1 2021 and 6 closed out, a net change of +8 holders.
- The largest IQ MacKay Municipal Insured ETF buyer in Q1 2021 was Bank of America, an estimated $16.9M added.
- The largest IQ MacKay Municipal Insured ETF seller in Q1 2021 was WealthShield Partners, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2021.