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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
EWA
51
Evolution Wealth Advisors
Florida
$759K – – –
SCA
52
Snowden Capital Advisors
New York
$704K -$15.7K -651 -2%
VPP
53
Vertex Planning Partners
Illinois
$684K -$25.2K -1,046 -3%
AWM
54
AE Wealth Management
Kansas
$671K -$9.48K -394 -1%
PAS
55
Park Avenue Securities
New York
$549K +$20.5K +852 +4%
LFS
56
Legacy Financial Strategies
Kansas
$532K -$34K -1,413 -6%
OWM
57
Opes Wealth Management
California
$495K +$129K +5,375 +34%
HighTower Advisors
58
HighTower Advisors
Illinois
$465K -$1.18M -48,999 -71%
TAM
59
Titleist Asset Management
Texas
$437K +$448K +18,597 New
KAS
60
Kestra Advisory Services
Texas
$414K +$424K +17,623 New
GSEP
61
Golden State Equity Partners
California
$401K +$411K +17,078 New
MWM
62
MBE Wealth Management
Wisconsin
$382K +$15.2K +632 +4%
TFGT
63
TS Financial Group (TSFG)
Illinois
$363K -$10.5K -436 -3%
AF
64
Advisornet Financial
Minnesota
$352K +$338K +14,040 +1,515%
OMC
65
Old Mission Capital
Illinois
$345K -$206K -8,546 -37%
APP
66
Avantax Planning Partners
Iowa
$341K +$349K +14,504 New
Comerica Bank
67
Comerica Bank
Texas
$283K +$290K +12,062 New
LNC
68
Lincoln National Corp
Pennsylvania
$282K +$288K +11,980 New
WCM
69
WealthBridge Capital Management
Ohio
$280K +$2.55K +106 +0.9%
JP Morgan Chase
70
JP Morgan Chase
New York
$261K +$267K +11,111 New
Citadel Advisors
71
Citadel Advisors
Florida
$241K +$246K +10,237 New
IA
72
Insight Advisors
Pennsylvania
$232K – – –
NA
73
NewEdge Advisors
Louisiana
$212K +$217K +9,001 New
MCCP
74
Mission Creek Capital Partners
California
$205K -$18.8K -780 -8%
IA
75
IFP Advisors
Florida
$173K -$370K -15,356 -68%
1 2
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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.