IQ MacKay Municipal Insured ETF
MMIN
54 hedge funds and large institutions have $333M invested in IQ MacKay Municipal Insured ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
2% more funds holding
Funds holding: 53 → 54 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less capital invested
Capital invested by funds: $366M → $333M (-$32.5M)
9.1% less ownership
Funds ownership: 82.03% → 72.93% (-9.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$8.07M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$2.6M |
| 3 |
Jane Street
New York
|
+$2.25M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.84M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$15.4M |
| 3 |
GS
GTS Securities
New York
|
-$1.19M |
| 4 |
CG
CFO4Life Group
Coppell,
Texas
|
-$956K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$428K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IGWM
51
ICA Group Wealth Management
Denver,
Colorado
| $5.23K | +$49 | +2 | +0.9% |
|
|
JFA
52
JNBA Financial Advisors
Bloomington,
Minnesota
| $3.3K | +$24 | +1 | +0.7% |
|
|
AA
53
Ancora Advisors
Cleveland,
Ohio
| $802 | +$805 | +33 | New |
|
54
Wells Fargo
San Francisco,
California
| $18 | -$143K | -5,874 | -100% |
|
|
GS
55
GTS Securities
New York
| – | -$1.19M | -48,314 | Closed |
|
|
WC
56
Waterloo Capital
Austin,
Texas
| – | -$225K | -9,149 | Closed |
|
57
Citadel Advisors
Miami,
Florida
| – | -$208K | -8,465 | Closed |
|
|
VF
58
VitalStone Financial
Shavano Park,
Texas
| – | -$20K | -833 | Closed |
|
MMIN Hedge Fund Activity: Q1 2024 in Review
54 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Insured ETF (MMIN) for Q1 2024, worth a combined $333M — down 8.9% from $366M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MMIN positions and 4 closed out — a net gain of 3 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Bank of America, adding an estimated $8.07M. The largest seller was Morgan Stanley, cutting an estimated $32.4M.
- 54 institutional investors held IQ MacKay Municipal Insured ETF (MMIN) as of Q1 2024, up from 53 in Q4 2023.
- Funds reported $333M of IQ MacKay Municipal Insured ETF stock for Q1 2024, down 8.9% quarter-over-quarter.
- 7 funds opened new IQ MacKay Municipal Insured ETF positions in Q1 2024 and 4 closed out, a net change of +3 holders.
- The largest IQ MacKay Municipal Insured ETF buyer in Q1 2024 was Bank of America, an estimated $8.07M added.
- The largest IQ MacKay Municipal Insured ETF seller in Q1 2024 was Morgan Stanley, an estimated $32.4M sold.
Based on aggregated 13F filings for Q1 2024.