IQ MacKay Municipal Insured ETF
MMIN
53 hedge funds and large institutions have $366M invested in IQ MacKay Municipal Insured ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 25 reducing their positions, and 11 closing their positions.
25% more capital invested
Capital invested by funds: $292M → $366M (+$73.4M)
8.28% more ownership
Funds ownership: 73.75% → 82.03% (+8.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 54 → 53 (-1)
40% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.57M |
| 4 |
RFA
RTD Financial Advisors
Philadelphia,
Pennsylvania
|
+$2.25M |
| 5 |
AP
Americana Partners
Houston,
Texas
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAAM
Cornerstone Advisors Asset Management
Bethlehem,
Pennsylvania
|
-$4.23M |
| 2 |
Jane Street
New York
|
-$3.39M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.55M |
| 4 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$2.06M |
| 5 |
CWAF
Core Wealth Advisors (Florida)
Lakeland,
Florida
|
-$1.12M |
MMIN Hedge Fund Activity: Q4 2023 in Review
53 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Insured ETF (MMIN) for Q4 2023, worth a combined $366M — up 25% from $292M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MMIN and 10 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $36.1M. The largest seller was Cornerstone Advisors Asset Management, cutting an estimated $4.23M.
- 53 institutional investors held IQ MacKay Municipal Insured ETF (MMIN) as of Q4 2023, down from 54 in Q3 2023.
- Funds reported $366M of IQ MacKay Municipal Insured ETF stock for Q4 2023, up 25% quarter-over-quarter.
- 10 funds opened new IQ MacKay Municipal Insured ETF positions in Q4 2023 and 11 closed out, a net change of -1 holder.
- The largest IQ MacKay Municipal Insured ETF buyer in Q4 2023 was Morgan Stanley, an estimated $36.1M added.
- The largest IQ MacKay Municipal Insured ETF seller in Q4 2023 was Cornerstone Advisors Asset Management, an estimated $4.23M sold.
Based on aggregated 13F filings for Q4 2023.