IQ MacKay Municipal Intermediate ETF
MMIT
56 hedge funds and large institutions have $221M invested in IQ MacKay Municipal Intermediate ETF in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
14% more funds holding
Funds holding: 49 → 56 (+7)
13% more capital invested
Capital invested by funds: $196M → $221M (+$24.7M)
1.84% more ownership
Funds ownership: 74.2% → 76.04% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$23.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.75M |
| 3 |
IWP
IAG Wealth Partners
Waukesha,
Wisconsin
|
+$4.08M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.75M |
| 5 |
ACK
Andrew C. Karlinski
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.26M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$974K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
-$814K |
| 4 |
Morgan Stanley
New York
|
-$810K |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$290K |
MMIT Hedge Fund Activity: Q3 2022 in Review
56 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q3 2022, worth a combined $221M — up 13% from $196M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MMIT positions and 4 closed out — a net gain of 7 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $23.5M. The largest seller was Royal Bank of Canada, cutting an estimated $2.26M.
- 56 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q3 2022, up from 49 in Q2 2022.
- Funds reported $221M of IQ MacKay Municipal Intermediate ETF stock for Q3 2022, up 13% quarter-over-quarter.
- 11 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q3 2022 and 4 closed out, a net change of +7 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q3 2022 was Bank of America, an estimated $23.5M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q3 2022 was Royal Bank of Canada, an estimated $2.26M sold.
Based on aggregated 13F filings for Q3 2022.