IQ MacKay Municipal Insured ETF
MMIN
48 hedge funds and large institutions have $249M invested in IQ MacKay Municipal Insured ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 11 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
1.28% more ownership
Funds ownership: 67.62% → 68.9% (+1.3%)
3% more capital invested
Capital invested by funds: $242M → $249M (+$7.46M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less funds holding
Funds holding: 56 → 48 (-8)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$5.16M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.86M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.82M |
| 4 |
Morgan Stanley
New York
|
+$1.16M |
| 5 |
AA
ACT Advisors
Asheville,
North Carolina
|
+$948K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.91M |
| 2 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
-$1.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.25M |
| 4 |
CA
Claro Advisors
Boston,
Massachusetts
|
-$1.08M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$867K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Starfox Financial Services
The Woodlands,
Texas
| – | -$585K | -24,621 | Closed |
|
52
MML Investors Services
Springfield,
Massachusetts
| – | -$333K | -14,017 | Closed |
|
53
HighTower Advisors
Chicago,
Illinois
| – | -$304K | -12,814 | Closed |
|
|
AWS
54
Atria Wealth Solutions
New York
| – | -$254K | -10,699 | Closed |
|
|
OMC
55
Old Mission Capital
Chicago,
Illinois
| – | -$250K | -10,510 | Closed |
|
|
JWCA
56
J.W. Cole Advisors
Tampa,
Florida
| – | -$216K | -9,080 | Closed |
|
|
WWMSC
57
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$196K | -8,250 | Closed |
|
58
Rockefeller Capital Management
New York
| – | -$96K | -4,065 | Closed |
|
|
CFGS
59
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$8.48K | -350 | Closed |
|
MMIN Hedge Fund Activity: Q1 2023 in Review
48 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Insured ETF (MMIN) for Q1 2023, worth a combined $249M — up 3.1% from $242M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MMIN and 5 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Orgel Wealth Management, adding an estimated $5.16M. The largest seller was Jane Street, cutting an estimated $4.91M.
- 48 institutional investors held IQ MacKay Municipal Insured ETF (MMIN) as of Q1 2023, down from 56 in Q4 2022.
- Funds reported $249M of IQ MacKay Municipal Insured ETF stock for Q1 2023, up 3.1% quarter-over-quarter.
- 5 funds opened new IQ MacKay Municipal Insured ETF positions in Q1 2023 and 11 closed out, a net change of -6 holders.
- The largest IQ MacKay Municipal Insured ETF buyer in Q1 2023 was Orgel Wealth Management, an estimated $5.16M added.
- The largest IQ MacKay Municipal Insured ETF seller in Q1 2023 was Jane Street, an estimated $4.91M sold.
Based on aggregated 13F filings for Q1 2023.