IQ MacKay Municipal Intermediate ETF
MMIT
122 hedge funds and large institutions have $892M invested in IQ MacKay Municipal Intermediate ETF in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 46 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
25% more capital invested
Capital invested by funds: $714M → $892M (+$177M)
16.92% more ownership
Funds ownership: 85.53% → 102.45% (+17%)
11% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 46
3% more funds holding
Funds holding: 118 → 122 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$140M |
| 2 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$14.9M |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$11M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.54M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$10.3M |
| 2 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$7.54M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$6M |
| 4 |
Jane Street
New York
|
-$5.29M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$455K | -18,790 | Closed |
|
|
HF
127
HRT Financial
New York
| – | -$211K | -8,843 | Closed |
|
|
WAG
128
Wiser Advisor Group
Phoenix,
Arizona
| – | -$127K | -5,298 | Closed |
|
|
HI
129
Harbour Investments
Madison,
Wisconsin
| – | -$23.7K | -988 | Closed |
|
|
FFA
130
Farther Finance Advisors
San Francisco,
California
| – | -$23.4K | -974 | Closed |
|
|
GWSG
131
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$12K | -500 | Closed |
|
|
AFS
132
Anderson Financial Strategies
Dayton,
Ohio
| – | -$10.2K | -425 | Closed |
|
MMIT Hedge Fund Activity: Q2 2025 in Review
122 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q2 2025, worth a combined $892M — up 25% from $714M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MMIT positions and 10 closed out — a net gain of 5 holders — while 51 added to existing stakes and 46 trimmed.
The largest buyer was Orgel Wealth Management, opening a new position worth an estimated $140M. The largest seller was Financial Counselors Inc, exiting entirely with an estimated $10.3M sold.
- 122 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q2 2025, up from 118 in Q1 2025.
- Funds reported $892M of IQ MacKay Municipal Intermediate ETF stock for Q2 2025, up 25% quarter-over-quarter.
- 15 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q2 2025 and 10 closed out, a net change of +5 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q2 2025 was Orgel Wealth Management, an estimated $140M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q2 2025 was Financial Counselors Inc, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2025.