We are live on ! Find out more
MMIT icon

IQ MacKay Municipal Intermediate ETF
MMIT

78 hedge funds and large institutions have $388M invested in IQ MacKay Municipal Intermediate ETF in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 23 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

48% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 23

16% more capital invested

Capital invested by funds: $335M → $388M (+$52.7M)

8% more funds holding

Funds holding: 72 → 78 (+6)

6.56% more ownership

Funds ownership: 74.42% → 80.98% (+6.6%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
78
Holders Change
+6
Holders Change %
+8.33%
% of All Funds
1.24%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
17
Increased
34
Reduced
23
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCA
Pallas Capital Advisors
Massachusetts
+$17.7M
2
Morgan Stanley
Morgan Stanley
New York
+$9.03M
3
Bank of New York Mellon
Bank of New York Mellon
New York
+$7.29M
4
UBS Group
UBS Group
Switzerland
+$5.33M
5
LPL Financial
LPL Financial
California
+$4.75M

Top Sellers

Rank Fund Capital Flow
1
SPIA
Steward Partners Investment Advisory
New York
-$3.23M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.29M
3
SI
Saxon Interests
Texas
-$1.77M
4
PAG
Private Advisor Group
New Jersey
-$1.34M
5
HighTower Advisors
HighTower Advisors
Illinois
-$1.18M
Name Holding Trade Value Shares
Change 		Change in
Stake
FTUS
26
Flow Traders U.S.
New York
$2.92M +$2.99M +124,410 New
MSFS
27
Main Street Financial Solutions
Pennsylvania
$2.92M -$497K -20,652 -14%
Osaic Holdings
28
Osaic Holdings
Arizona
$2.65M +$1.59M +66,139 +142%
RJA
29
Raymond James & Associates
Florida
$2.57M +$89.2K +3,708 +4%
BWP
30
Bernardo Wealth Planning
Pennsylvania
$2.21M +$535K +22,236 +31%
CPWM
31
Cypress Point Wealth Management
Texas
$2.14M -$54.1K -2,249 -2%
PAG
32
Private Advisor Group
New Jersey
$2.07M -$1.34M -55,871 -39%
NFP
33
Narus Financial Partners
Utah
$1.92M – – –
CAN
34
Cetera Advisor Networks
California
$1.69M +$1.73M +72,090 New
GS
35
GTS Securities
New York
$1.57M +$1.12M +46,577 +230%
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
$1.43M +$1.46M +60,649 New
HW
37
Hedeker Wealth
Illinois
$1.42M +$444K +18,453 +44%
JSW
38
Journey Strategic Wealth
New Jersey
$1.33M +$114K +4,746 +9%
MML Investors Services
39
MML Investors Services
Massachusetts
$1.28M -$769K -31,972 -37%
LWMNY
40
Landmark Wealth Management (New York)
New York
$1.27M -$171K -7,122 -12%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$1.22M -$24.9K -1,034 -2%
SFA
42
Sequoia Financial Advisors
Ohio
$1.21M -$359K -14,936 -22%
CA
43
Claro Advisors
Massachusetts
$1.1M +$57.2K +2,377 +5%
Commonwealth Equity Services
44
Commonwealth Equity Services
Massachusetts
$1.1M +$44.1K +1,832 +4%
AWS
45
Atria Wealth Solutions
New York
$1.07M +$518K +21,510 +89%
PA
46
PFG Advisors
Arizona
$1.06M +$70.5K +2,928 +7%
BWM
47
BCS Wealth Management
Tennessee
$1.04M -$57.4K -2,386 -5%
HIP
48
HUB Investment Partners
Texas
$893K +$108K +4,494 +13%
1W
49
1776 Wealth
Georgia
$878K -$193K -8,000 -18%
SL
50
SWMG LLC
Texas
$853K – – –
1
2
3 4

MMIT Hedge Fund Activity: Q3 2023 in Review

78 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q3 2023, worth a combined $388M — up 16% from $335M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new MMIT positions and 10 closed out — a net gain of 7 holders — while 34 added to existing stakes and 23 trimmed.

The largest buyer was Pallas Capital Advisors, opening a new position worth an estimated $17.7M. The largest seller was Steward Partners Investment Advisory, cutting an estimated $3.23M.

  • 78 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q3 2023, up from 72 in Q2 2023.
  • Funds reported $388M of IQ MacKay Municipal Intermediate ETF stock for Q3 2023, up 16% quarter-over-quarter.
  • 17 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q3 2023 and 10 closed out, a net change of +7 holders.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q3 2023 was Pallas Capital Advisors, an estimated $17.7M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q3 2023 was Steward Partners Investment Advisory, an estimated $3.23M sold.

Based on aggregated 13F filings for Q3 2023.