IQ MacKay Municipal Intermediate ETF
MMIT
17 hedge funds and large institutions have $56.7M invested in IQ MacKay Municipal Intermediate ETF in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 0 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
21% more funds holding
Funds holding: 14 → 17 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.8% less ownership
Funds ownership: 88.32% → 78.52% (-9.8%)
41% less capital invested
Capital invested by funds: $96M → $56.7M (-$39.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.51M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.42M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.37M |
| 4 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
+$995K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$901K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$14.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$27.7K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$18.9K |
MMIT Hedge Fund Activity: Q4 2020 in Review
17 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q4 2020, worth a combined $56.7M — down 41% from $96M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MMIT positions and 0 closed out — a net gain of 3 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Osaic Holdings, opening a new position worth an estimated $3.51M. The largest seller was Mackay Shields LLC, cutting an estimated $14.6M.
- 17 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q4 2020, up from 14 in Q3 2020.
- Funds reported $56.7M of IQ MacKay Municipal Intermediate ETF stock for Q4 2020, down 41% quarter-over-quarter.
- 3 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q4 2020 and 0 closed out, a net change of +3 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q4 2020 was Osaic Holdings, an estimated $3.51M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q4 2020 was Mackay Shields LLC, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2020.