We are live on ! Find out more
MMIT icon

IQ MacKay Municipal Intermediate ETF
MMIT

94 hedge funds and large institutions have $602M invested in IQ MacKay Municipal Intermediate ETF in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 48 increasing their positions, 19 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 7

153% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 19

55% more capital invested

Capital invested by funds: $388M → $602M (+$214M)

33% more funds holding in top 10

Funds holding in top 10: 3 → 4 (+1)

21% more funds holding

Funds holding: 78 → 94 (+16)

9.45% more ownership

Funds ownership: 80.98% → 90.42% (+9.4%)

Holders
94
Holders Change
+16
Holders Change %
+20.51%
% of All Funds
1.37%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
23
Increased
48
Reduced
19
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$55.9M
2
Bank of America
Bank of America
North Carolina
+$36.1M
3
APP
Avantax Planning Partners
Iowa
+$26.3M
4
FCI
Financial Counselors Inc
Kansas
+$15.2M
5
CAN
Cetera Advisor Networks
California
+$10.3M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$4.3M
2
IWP
IAG Wealth Partners
Wisconsin
-$3.91M
3
FTUS
Flow Traders U.S.
New York
-$2.92M
4
GS
GTS Securities
New York
-$1.57M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.43M
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
26
Steward Partners Investment Advisory
New York
$3.89M +$304K +12,745 +9%
IWC
27
Integrated Wealth Concepts
Massachusetts
$3.55M +$180K +7,536 +6%
NHT
28
New Hampshire Trust
New Hampshire
$3.09M +$3M +125,919 New
Osaic Holdings
29
Osaic Holdings
Arizona
$2.89M +$115K +4,812 +4%
MSFS
30
Main Street Financial Solutions
Pennsylvania
$2.82M -$226K -9,463 -8%
CAPTRUST Financial Advisors
31
CAPTRUST Financial Advisors
North Carolina
$2.73M -$573K -24,009 -18%
RJA
32
Raymond James & Associates
Florida
$2.63M -$51.2K -2,144 -2%
LFS
33
Legacy Financial Strategies
Kansas
$2.57M +$1.96M +82,180 +365%
JP Morgan Chase
34
JP Morgan Chase
New York
$2.3M +$1.97M +82,468 +742%
PAG
35
Private Advisor Group
New Jersey
$2.28M +$108K +4,511 +5%
CPWM
36
Cypress Point Wealth Management
Texas
$2.19M -$38.8K -1,628 -2%
NFP
37
Narus Financial Partners
Utah
$2.02M +$11.9K +500 +0.6%
MML Investors Services
38
MML Investors Services
Massachusetts
$1.87M +$523K +21,928 +40%
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$1.85M +$552K +23,124 +44%
SCA
40
Snowden Capital Advisors
New York
$1.83M +$1.07M +44,731 +149%
LWMNY
41
Landmark Wealth Management (New York)
New York
$1.58M +$242K +10,163 +19%
JCM
42
Janney Capital Management
Pennsylvania
$1.52M +$1.48M +61,918 New
SFA
43
Sequoia Financial Advisors
Ohio
$1.51M +$239K +10,030 +19%
HW
44
Hedeker Wealth
Illinois
$1.5M +$12.6K +528 +0.9%
JSW
45
Journey Strategic Wealth
New Jersey
$1.4M +$11.7K +490 +0.9%
KCIC
46
Kuhn & Co Investment Counsel
Illinois
$1.29M +$1.26M +52,633 New
AWS
47
Atria Wealth Solutions
New York
$1.19M +$68.3K +2,861 +6%
Comerica Bank
48
Comerica Bank
Texas
$1.16M +$842K +35,302 +293%
EPW
49
Evergreen Private Wealth
Colorado
$1.12M +$1.09M +45,686 New
CA
50
Claro Advisors
Massachusetts
$1.11M -$38.7K -1,620 -3%
1
2
3 4 5

MMIT Hedge Fund Activity: Q4 2023 in Review

94 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q4 2023, worth a combined $602M — up 55% from $388M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MMIT positions and 7 closed out — a net gain of 16 holders — while 48 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $55.9M. The largest seller was Jane Street, exiting entirely with an estimated $4.3M sold.

  • 94 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q4 2023, up from 78 in Q3 2023.
  • Funds reported $602M of IQ MacKay Municipal Intermediate ETF stock for Q4 2023, up 55% quarter-over-quarter.
  • 23 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q4 2023 and 7 closed out, a net change of +16 holders.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q4 2023 was Morgan Stanley, an estimated $55.9M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q4 2023 was Jane Street, an estimated $4.3M sold.

Based on aggregated 13F filings for Q4 2023.