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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
EH
76
Equitable Holdings
New York
$321K +$312K +13,077 New
WC
77
Waterloo Capital
Texas
$292K +$284K +11,884 New
Rockefeller Capital Management
78
Rockefeller Capital Management
New York
$278K +$270K +11,303 New
Prudential Financial
79
Prudential Financial
New Jersey
$266K +$258K +10,817 New
KAS
80
Kestra Advisory Services
Texas
$260K -$168K -7,037 -40%
WCM
81
WealthBridge Capital Management
Ohio
$251K -$40.5K -1,698 -14%
BC
82
Bartlett & Co
Ohio
$250K +$242K +10,145 New
BCWM
83
Bartlett & Co Wealth Management
Ohio
$250K +$242K +10,145 New
IA
84
Insight Advisors
Pennsylvania
$243K – – –
NA
85
NewEdge Advisors
Louisiana
$223K +$1.86K +78 +0.9%
Envestnet Portfolio Solutions
86
Envestnet Portfolio Solutions
Illinois
$220K +$214K +8,972 New
MCCP
87
Mission Creek Capital Partners
California
$216K +$1.89K +79 +0.9%
VWA
88
Visionary Wealth Advisors
Illinois
$206K +$200K +8,369 New
LIG
89
Lokken Investment Group
Delaware
$204K +$198K +8,289 New
WAG
90
Wiser Advisor Group
Arizona
$124K +$121K +5,061 New
NFA
91
Northwest Financial Advisors
Virginia
$63.1K +$61.3K +2,571 New
AssetMark Inc
92
AssetMark Inc
California
$46.6K +$239 +10 +0.5%
HI
93
Harbour Investments
Wisconsin
$24.3K – – –
HGERS
94
Householder Group Estate & Retirement Specialist
Arizona
$18K – – –
Jane Street
95
Jane Street
New York
– -$4.3M -182,899 Closed
FTUS
96
Flow Traders U.S.
New York
– -$2.92M -124,410 Closed
GS
97
GTS Securities
New York
– -$1.57M -66,795 Closed
Susquehanna International Group
98
Susquehanna International Group
Pennsylvania
– -$1.43M -60,649 Closed
1W
99
1776 Wealth
Georgia
– -$878K -37,379 Closed
Citadel Advisors
100
Citadel Advisors
Florida
– -$241K -10,237 Closed
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.