IQ MacKay Municipal Insured ETF
MMIN
54 hedge funds and large institutions have $222M invested in IQ MacKay Municipal Insured ETF in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
6% more funds holding
Funds holding: 51 → 54 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27.21% less ownership
Funds ownership: 73.5% → 46.29% (-27%)
36% less capital invested
Capital invested by funds: $348M → $222M (-$126M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.2M |
| 2 |
Jane Street
New York
|
+$7.61M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.23M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$3.66M |
| 5 |
Rockefeller Capital Management
New York
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$145M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.99M |
| 4 |
RFA
RTD Financial Advisors
Philadelphia,
Pennsylvania
|
-$2.1M |
| 5 |
PWM
Paulson Wealth Management
Wheaton,
Illinois
|
-$1.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWA
51
Physician Wealth Advisors
Midvale,
Utah
| $71.2K | +$836 | +36 | +1% |
|
|
MCM
52
MAI Capital Management
Independence,
Ohio
| $46.6K | – | – | – |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $46.6K | – | – | – |
|
54
AssetMark Inc
Concord,
California
| $37.5K | +$37.3K | +1,608 | New |
|
55
Wells Fargo
San Francisco,
California
| $9 | – | – | – |
|
|
OWM
56
Orgel Wealth Management
Altoona,
Wisconsin
| – | -$145M | -6,144,016 | Closed |
|
57
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$316K | -13,384 | Closed |
|
58
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$216K | -9,131 | Closed |
|
|
HI
59
Harbour Investments
Madison,
Wisconsin
| – | -$73.6K | -3,115 | Closed |
|
|
FFA
60
Farther Finance Advisors
San Francisco,
California
| – | -$19.7K | -833 | Closed |
|
MMIN Hedge Fund Activity: Q2 2025 in Review
54 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Insured ETF (MMIN) for Q2 2025, worth a combined $222M — down 36% from $348M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MMIN positions and 5 closed out — a net gain of 4 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.2M. The largest seller was Orgel Wealth Management, exiting entirely with an estimated $145M sold.
- 54 institutional investors held IQ MacKay Municipal Insured ETF (MMIN) as of Q2 2025, up from 51 in Q1 2025.
- Funds reported $222M of IQ MacKay Municipal Insured ETF stock for Q2 2025, down 36% quarter-over-quarter.
- 9 funds opened new IQ MacKay Municipal Insured ETF positions in Q2 2025 and 5 closed out, a net change of +4 holders.
- The largest IQ MacKay Municipal Insured ETF buyer in Q2 2025 was Morgan Stanley, an estimated $12.2M added.
- The largest IQ MacKay Municipal Insured ETF seller in Q2 2025 was Orgel Wealth Management, an estimated $145M sold.
Based on aggregated 13F filings for Q2 2025.