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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
AF
51
Advisornet Financial
Minnesota
$1.03M +$642K +26,902 +180%
PA
52
PFG Advisors
Arizona
$1.03M -$78.9K -3,307 -7%
BWM
53
BCS Wealth Management
Tennessee
$1.01M -$74K -3,103 -7%
SL
54
SWMG LLC
Texas
$911K +$19.3K +808 +2%
HighTower Advisors
55
HighTower Advisors
Illinois
$847K +$349K +14,612 +74%
BWA
56
Burt Wealth Advisors
Maryland
$846K +$822K +34,441 New
SI
57
Saxon Interests
Texas
$839K +$815K +34,167 New
EWA
58
Evolution Wealth Advisors
Florida
$794K – – –
TAM
59
Titleist Asset Management
Texas
$737K +$272K +11,399 +61%
RWA
60
Redhawk Wealth Advisors
Minnesota
$730K +$709K +29,713 New
PAS
61
Park Avenue Securities
New York
$712K +$134K +5,597 +24%
Thrivent Financial for Lutherans
62
Thrivent Financial for Lutherans
Minnesota
$602K +$585K +24,501 New
HIP
63
HUB Investment Partners
Texas
$595K -$329K -13,792 -36%
OWM
64
Opes Wealth Management
California
$589K +$70.4K +2,950 +14%
AWM
65
AE Wealth Management
Kansas
$563K -$130K -5,463 -19%
PA
66
Pineridge Advisors
Missouri
$550K +$535K +22,404 New
WWM
67
Western Wealth Management
Colorado
$426K +$414K +17,336 New
OMC
68
Old Mission Capital
Illinois
$402K +$40.2K +1,686 +11%
MWM
69
MBE Wealth Management
Wisconsin
$392K -$7.47K -313 -2%
LNC
70
Lincoln National Corp
Pennsylvania
$380K +$83.5K +3,500 +29%
Wealth Enhancement Advisory Services
71
Wealth Enhancement Advisory Services
Minnesota
$378K +$368K +15,407 New
TFGT
72
TS Financial Group (TSFG)
Illinois
$375K -$3.98K -167 -1%
GSEP
73
Golden State Equity Partners
California
$370K -$48.1K -2,014 -12%
LFAS
74
Level Four Advisory Services
Texas
$331K +$322K +13,480 New
VPP
75
Vertex Planning Partners
Illinois
$329K -$375K -15,709 -54%
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.