NYLIM MacKay Muni Intermediate ETF
MMIT
70 hedge funds and large institutions have $260M invested in NYLIM MacKay Muni Intermediate ETF in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
25% more funds holding
Funds holding: 56 → 70 (+14)
14% more capital invested
Capital invested by funds: $228M → $260M (+$31.8M)
2.91% less ownership
Funds ownership: 76.04% → 73.13% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.3M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.78M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.68M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$5.23M |
| 5 |
TA
TruWealth Advisors
Metairie,
Louisiana
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$14M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.17M |
| 3 |
SCA
Snowden Capital Advisors
New York
|
-$2.75M |
| 4 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$2.09M |
| 5 |
PWMG
Prestige Wealth Management Group
Flemington,
New Jersey
|
-$1.88M |
MMIT Hedge Fund Activity: Q4 2022 in Review
70 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in NYLIM MacKay Muni Intermediate ETF (MMIT) for Q4 2022, worth a combined $260M — up 14% from $228M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MMIT positions and 9 closed out — a net gain of 14 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $14.3M. The largest seller was HighTower Advisors, cutting an estimated $14M.
- 70 institutional investors held NYLIM MacKay Muni Intermediate ETF (MMIT) as of Q4 2022, up from 56 in Q3 2022.
- Funds reported $260M of NYLIM MacKay Muni Intermediate ETF stock for Q4 2022, up 14% quarter-over-quarter.
- 23 funds opened new NYLIM MacKay Muni Intermediate ETF positions in Q4 2022 and 9 closed out, a net change of +14 holders.
- The largest NYLIM MacKay Muni Intermediate ETF buyer in Q4 2022 was Bank of America, an estimated $14.3M added.
- The largest NYLIM MacKay Muni Intermediate ETF seller in Q4 2022 was HighTower Advisors, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2022.