NYLIM MacKay Muni Intermediate ETF
MMIT
14 hedge funds and large institutions have $96M invested in NYLIM MacKay Muni Intermediate ETF in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
101% more capital inflows, than outflows
Capital inflows: $12.6M | Capital outflows: $6.27M
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 13 → 14 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.27% less ownership
Funds ownership: 93.59% → 88.32% (-5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prestige Wealth Management Group
Flemington,
New Jersey
|
+$6M |
| 2 |
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
+$3.16M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
| 4 |
Jane Street
New York
|
+$1.11M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackay Shields LLC
New York
|
-$5.55M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$712K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$4.23K |
MMIT Hedge Fund Activity: Q3 2020 in Review
14 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay Muni Intermediate ETF (MMIT) for Q3 2020, worth a combined $96M — up 82% from $52.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MMIT positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 2 trimmed.
The largest buyer was Prestige Wealth Management Group, opening a new position worth an estimated $6M. The largest seller was Mackay Shields LLC, cutting an estimated $5.55M.
- 14 institutional investors held NYLIM MacKay Muni Intermediate ETF (MMIT) as of Q3 2020, up from 13 in Q2 2020.
- Funds reported $96M of NYLIM MacKay Muni Intermediate ETF stock for Q3 2020, up 82% quarter-over-quarter.
- 2 funds opened new NYLIM MacKay Muni Intermediate ETF positions in Q3 2020 and 1 closed out, a net change of +1 holder.
- The largest NYLIM MacKay Muni Intermediate ETF buyer in Q3 2020 was Prestige Wealth Management Group, an estimated $6M added.
- The largest NYLIM MacKay Muni Intermediate ETF seller in Q3 2020 was Mackay Shields LLC, an estimated $5.55M sold.
Based on aggregated 13F filings for Q3 2020.