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IQ MacKay Municipal Intermediate ETF
MMIT

70 hedge funds and large institutions have $260M invested in IQ MacKay Municipal Intermediate ETF in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 9

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

32% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 19

25% more funds holding

Funds holding: 56 → 70 (+14)

17% more capital invested

Capital invested by funds: $221M → $260M (+$38.6M)

2.91% less ownership

Funds ownership: 76.04% → 73.13% (-2.9%)

Holders
70
Holders Change
+14
Holders Change %
+25%
% of All Funds
1.13%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
23
Increased
25
Reduced
19
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$14.3M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$6.78M
3
UBS Group
UBS Group
Switzerland
+$6.68M
4
OMC
Old Mission Capital
Illinois
+$5.23M
5
TA
TruWealth Advisors
Louisiana
+$4.19M

Top Sellers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
-$14M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$7.17M
3
SCA
Snowden Capital Advisors
New York
-$2.75M
4
CWM
Centric Wealth Management
Illinois
-$2.09M
5
PWMG
Prestige Wealth Management Group
New Jersey
-$1.88M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
51
Bank of New York Mellon
New York
$443K -$107K -4,482 -20%
BWA
52
Burt Wealth Advisors
Maryland
$442K +$436K +18,300 New
Mariner
53
Mariner
Kansas
$398K +$393K +16,507 New
MWM
54
MBE Wealth Management
Wisconsin
$375K +$370K +15,526 New
WCM
55
WealthBridge Capital Management
Ohio
$367K -$315K -13,235 -47%
OWM
56
Opes Wealth Management
California
$338K +$47.6K +2,000 +17%
PAS
57
Park Avenue Securities
New York
$336K +$332K +13,932 New
IA
58
Insight Advisors
Pennsylvania
$285K – – –
MCCP
59
Mission Creek Capital Partners
California
$230K +$227K +9,529 New
RJT
60
Raymond James Trust
Florida
$227K +$224K +9,416 New
LFS
61
Legacy Financial Strategies
Kansas
$205K +$202K +8,504 New
Rockefeller Capital Management
62
Rockefeller Capital Management
New York
$187K +$1.33K +56 +0.7%
Wells Fargo
63
Wells Fargo
California
$102K – – –
WWMSC
64
Wagner Wealth Management (South Carolina)
South Carolina
$61.2K – – –
HNWAG
65
High Net Worth Advisory Group
Florida
$48.3K -$519K -21,800 -92%
BAM
66
Belpointe Asset Management
Nevada
$39.8K +$39.2K +1,648 New
AssetMark Inc
67
AssetMark Inc
California
$25K +$24.6K +1,035 New
HI
68
Harbour Investments
Wisconsin
$23.2K +$309 +13 +1%
PAG
69
Private Advisor Group
New Jersey
$1.53K +$1.51M +63,378 New
Fidelity Investments
70
Fidelity Investments
Massachusetts
$48 +$48 +2 New
CWM
71
Centric Wealth Management
Illinois
– -$2.09M -89,400 Closed
Jane Street
72
Jane Street
New York
– -$1.72M -73,626 Closed
ACK
73
Andrew C. Karlinski
– -$1.59M -67,970 Closed
CA
74
Claro Advisors
Massachusetts
– -$1.06M -43,704 Closed
Citadel Advisors
75
Citadel Advisors
Florida
– -$600K -25,633 Closed
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MMIT Hedge Fund Activity: Q4 2022 in Review

70 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q4 2022, worth a combined $260M — up 17% from $221M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MMIT positions and 9 closed out — a net gain of 14 holders — while 25 added to existing stakes and 19 trimmed.

The largest buyer was Bank of America, adding an estimated $14.3M. The largest seller was HighTower Advisors, cutting an estimated $14M.

  • 70 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q4 2022, up from 56 in Q3 2022.
  • Funds reported $260M of IQ MacKay Municipal Intermediate ETF stock for Q4 2022, up 17% quarter-over-quarter.
  • 23 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q4 2022 and 9 closed out, a net change of +14 holders.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q4 2022 was Bank of America, an estimated $14.3M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q4 2022 was HighTower Advisors, an estimated $14M sold.

Based on aggregated 13F filings for Q4 2022.