Vault-13

NEW YORK LIFE INVTS ACTIVE E MMIT

NYLI MACKAY MUN · ETP · CUSIP 45409F827

123 institutional holders +4 vs Q1 2025
37,777,89837.8m shares reported held*
$901.0mreported value*
13 new 51 added 46 reduced 10 sold out net bought ≈ $187.6m (+7.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($940.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.85.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 57Q4 22: 70Q1 23: 75Q2 23: 74Q3 23: 79Q4 23: 95Q1 24: 91Q2 24: 95Q3 24: 100Q4 24: 111Q1 25: 119Q2 25: 123123Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202257
Q4 202270
Q1 202375
Q2 202374
Q3 202379
Q4 202395
Q1 202491
Q2 202495
Q3 2024100
Q4 2024111
Q1 2025119
Q2 2025123

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 50 bought or addedQ3 23: 33 cut or sold outQ4 23: 66 bought or addedQ4 23: 26 cut or sold outQ4 23Q1 24: 58 bought or addedQ1 24: 32 cut or sold outQ2 24: 48 bought or addedQ2 24: 42 cut or sold outQ2 24Q3 24: 59 bought or addedQ3 24: 38 cut or sold outQ4 24: 61 bought or addedQ4 24: 43 cut or sold outQ4 24Q1 25: 67 bought or addedQ1 25: 50 cut or sold outQ2 25: 64 bought or addedQ2 25: 56 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235033
Q4 20236626
Q1 20245832
Q2 20244842
Q3 20245938
Q4 20246143
Q1 20256750
Q2 20256456

Biggest buyers

Orgel Wealth Management, LLC New +5,909,226+5.9m
ROYAL BANK OF CANADA Added +705,352+705.4k
Avantax Planning Partners, Inc. Added +628,283+628.3k
CONDOR CAPITAL MANAGEMENT New +461,713+461.7k
BANK OF AMERICA CORP /DE/ Added +402,061+402.1k
INVENIO WEALTH PARTNERS LLC New +300,375+300.4k
Meeder Advisory Services, Inc. Added +204,546+204.5k
OSAIC HOLDINGS, INC. Added +178,369+178.4k
LPL Financial LLC Added +163,391+163.4k
MassMutual Private Wealth & Trust, FSB Added +116,867+116.9k

Biggest sellers

FINANCIAL COUNSELORS INC Sold out -428,534-428.5k
PEAPACK GLADSTONE FINANCIAL CORP Sold out -314,468-314.5k
RAYMOND JAMES FINANCIAL INC Reduced -252,749-252.7k
JANE STREET GROUP, LLC Reduced -222,958-223.0k
UBS Group AG Reduced -185,382-185.4k
IAG Wealth Partners, LLC Reduced -88,453-88.5k
MORGAN STANLEY Reduced -76,384-76.4k
Private Advisor Group, LLC Reduced -66,192-66.2k
CITADEL ADVISORS LLC Sold out -51,097-51.1k
Pallas Capital Advisors LLC Reduced -42,679-42.7k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Orgel Wealth Management, LLC 3.40% of their portfolio ALTOONA, WI 5,909,2265.9m $140.9m $140.9m 3.40% New
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,543,6564.5m $108.4m $108.4m 0.01% Added +402.1k +402,061
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,496,2172.5m $59.5m $59.5m 0.00% Reduced -76.4k -76,384
4 Meeder Advisory Services, Inc. 2.36% of their portfolio DUBLIN, OH 1,910,0611.9m $45.6m $45.6m 2.36% Added +204.5k +204,546
5 Schneider Downs Wealth Management Advisors, LP 6.55% of their portfolio Pittsburgh, PA 1,838,2661.8m $43.8m $43.8m 6.55% Added +77.5k +77,484
6 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 1,702,7351.7m $40.6m $40.6m 0.07% Added +38.4k +38,395
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,586,9891.6m $37.8m $37.8m 0.01% Reduced -252.7k -252,749
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,405,4781.4m $33.5m $33.5m 0.01% Reduced -185.4k -185,382
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,345,1461.3m $32.1m $32.1m 0.01% Added +163.4k +163,391
10 Avantax Planning Partners, Inc. 1.00% of their portfolio DUBUQUE, IA 1,320,6151.3m $31.5m $31.5m 1.00% Added +628.3k +628,283
11 IAG Wealth Partners, LLC 3.15% of their portfolio WAUKESHA, WI 999,094999.1k $23.8m $23.8m 3.15% Reduced -88.5k -88,453
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 803,188803.2k $19.2m $19.2m 0.00% Added +705.4k +705,352
13 TruWealth Advisors, LLC 0.91% of their portfolio Metairie, LA 691,196691.2k $16.5m $16.5m 0.91% Added +9.2k +9,178
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 589,199589.2k $14.1m $14.1m 0.00% Added +45.9k +45,868
15 Midwest Trust Co 0.19% of their portfolio Overland Park, KS 581,489581.5k $13.9m $13.9m 0.19% First filing
16 Pallas Capital Advisors LLC 0.52% of their portfolio BRAINTREE, MA 576,031576.0k $13.7m $13.7m 0.52% Reduced -42.7k -42,679
17 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 2.13% of their portfolio BETHLEHEM, PA 463,423463.4k $11.1m $11.1m 2.13% Reduced -10.5k -10,547
18 CONDOR CAPITAL MANAGEMENT 0.96% of their portfolio MARTINSVILLE, NJ 461,713461.7k $11.0m $11.0m 0.96% New
19 Orion Porfolio Solutions, LLC 0.09% of their portfolio OMAHA, NE 456,989457.0k $10.9m $10.9m 0.09% Added +17.9k +17,886
20 MassMutual Private Wealth & Trust, FSB 0.27% of their portfolio Windsor, CT 417,115417.1k $9.9m $9.9m 0.27% Added +116.9k +116,867
21 GREAT VALLEY ADVISOR GROUP, INC. 0.22% of their portfolio WILMINGTON, DE 412,212412.2k $9.8m $9.8m 0.22% Reduced -9.5k -9,472
22 CFO4Life Group, LLC 1.53% of their portfolio COPPELL, TX 411,040411.0k $9.8m $9.8m 1.53% Added +87.1k +87,136
23 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 362,887362.9k $8.7m $8.7m 0.02% Added +178.4k +178,369
24 Dynamic Advisor Solutions LLC 0.26% of their portfolio PHOENIX, AZ 355,902355.9k $8.5m $8.5m 0.26% Reduced -40.9k -40,914
25 VICUS CAPITAL 0.61% of their portfolio STATE COLLEGE, PA 308,869308.9k $7.4m $7.4m 0.61% Added +80.3k +80,339
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 301,516301.5k $7.2m $7.2m 0.00% Reduced -4.8k -4,771
27 INVENIO WEALTH PARTNERS LLC 2.85% of their portfolio CORAL GABLES, FL 300,375300.4k $7.2m $7.2m 2.85% New
28 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 288,933288.9k $6.9m $6.9m 0.01% Added +2.8k +2,802
29 Main Street Financial Solutions, LLC 0.46% of their portfolio NEWTOWN, PA 267,310267.3k $6.4m $6.4m 0.46% Reduced -4.7k -4,654
30 Prestige Wealth Management Group LLC 1.26% of their portfolio FLEMINGTON, NJ 259,805259.8k $6.2m $6.2m 1.26% Reduced -15.7k -15,656
31 Focus Partners Advisor Solutions, LLC 0.07% of their portfolio SAINT LOUIS, MO 220,986221.0k $5.3m $5.3m 0.07% Reduced -31.7k -31,737
32 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 214,396214.4k $5.1m $5.1m 0.01% Reduced -223.0k -222,958
33 Brady Martz Wealth Solutions, LLC 0.95% of their portfolio GRAND FORKS, ND 206,903206.9k $4.9m $4.9m 0.95% Reduced -31.6k -31,589
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 196,002196.0k $4.7m $4.7m 0.00% Added +52.0k +52,003
35 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 167,239167.2k $4.0m $4.0m 0.00% Reduced -19.4k -19,377
36 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 154,942154.9k $3.7m $3.7m 0.02% Reduced -30.4k -30,387
37 Bernardo Wealth Planning LLC 0.75% of their portfolio HARLEYSVILLE, PA 144,828144.8k $3.5m $3.5m 0.75% Reduced -19.1k -19,072
38 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 141,061141.1k $3.4m $3.4m 0.00% Reduced -2.4k -2,449
39 Cypress Point Wealth Management, LLC 0.76% of their portfolio DALLAS, TX 130,965131.0k $3.1m $3.1m 0.76% Reduced -4.2k -4,189
40 JOURNEY STRATEGIC WEALTH LLC 0.09% of their portfolio SUMMIT, NJ 117,986118.0k $2.8m $2.8m 0.09% Reduced -9.1k -9,058
41 GGM Financial LLC 1.58% of their portfolio COLUMBUS, OH 113,950114.0k $2.7m $2.7m 1.58% Added +80.9k +80,895
42 VestGen Advisors, LLC 0.11% of their portfolio CHICAGO, IL 113,586113.6k $2.7m $2.7m 0.11% Added +19.1k +19,072
43 Smallwood Wealth Investment Management, LLC 1.49% of their portfolio RED BANK, NJ 109,804109.8k $2.6m $2.6m 1.49% Added +11.5k +11,491
44 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 102,075102.1k $2.4m $2.4m 0.01% Reduced -3.9k -3,920
45 Clark Wealth Partners 1.41% of their portfolio O'FALLON, IL 87,42587.4k $2.1m $2.1m 1.41% Added +1.2k +1,226
46 Elyxium Wealth, LLC 0.77% of their portfolio BEVERLY HILLS, CA 86,30286.3k $2.1m $2.1m 0.77% Added +48.4k +48,398
47 AdvisorNet Financial, Inc 0.13% of their portfolio MINNETONKA, MN 84,40084.4k $2.0m $2.0m 0.13% Reduced -1.8k -1,778
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 80,60080.6k $1.9m $1.9m 0.00% New
49 Golden State Wealth Management, LLC 0.23% of their portfolio SANTA ANA, CA 80,39580.4k $1.9m $1.9m 0.23% Reduced -893 -893
50 Legacy Financial Strategies, LLC 0.36% of their portfolio OVERLAND PARK, KS 77,81477.8k $1.9m $1.9m 0.36% Added +1.1k +1,110
51 Kuhn & Co Investment Counsel 1.39% of their portfolio Chicago, IL 77,19377.2k $1.8m $1.8m 1.39% Added +2.9k +2,913
52 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 75,09175.1k $1.8m $1.8m 0.01% Reduced -66.2k -66,192
53 Burt Wealth Advisors 0.38% of their portfolio North Bethesda, MD 70,43070.4k $1.7m $1.7m 0.38% Added +40.8k +40,750
54 Mariner, LLC 0.00% of their portfolio Overland Park, KS 66,02466.0k $1.6m $1.6m 0.00% Reduced -3.4k -3,419
55 Evergreen Private Wealth LLC 0.66% of their portfolio GREENWOOD VILLAGE, CO 65,74565.7k $1.6m $1.6m 0.66% Reduced -679 -679
56 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 61,58861.6k $1.5m $1.5m 0.04% Added +13.5k +13,454
57 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 61,13661.1k $1.5m $1.5m 0.00% Reduced -29.1k -29,060
58 Landmark Wealth Management, LLC 0.61% of their portfolio MELVILLE, NY 59,78559.8k $1.4m $1.4m 0.61% Reduced -24.5k -24,521
59 PFG Advisors 0.06% of their portfolio Phoenix, AZ 58,77758.8k $1.4m $1.4m 0.06% Added +9.2k +9,188
60 Janney Capital Management LLC 0.09% of their portfolio PITTSBURGH, PA 58,72358.7k $1.4m $1.4m 0.09% Reduced -620 -620
61 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 47,73747.7k $1.1m $1.1m 0.01% Added +1.3k +1,297
62 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 41,68841.7k $994.3k $994.3k 0.00% Added +21.0k +20,971
63 COMERICA BANK 0.00% of their portfolio DALLAS, TX 41,14641.1k $981.3k $981.3k 0.00% Added +10.7k +10,659
64 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 40,16140.2k $957.8k $957.8k 0.02% Added +1.6k +1,582
65 Narus Financial Partners, LLC 0.30% of their portfolio SALT LAKE CITY, UT 40,03840.0k $954.9k $954.9k 0.30% Reduced -2.1k -2,132
66 Opes Wealth Management LLC 0.17% of their portfolio MENLO PARK, CA 39,25539.3k $936.2k $936.2k 0.17% Added +3.2k +3,250
67 PKS Advisory Services, LLC 0.23% of their portfolio ALBANY, NY 38,95139.0k $929.0k $929.0k 0.23% Added +3.6k +3,582
68 Frontier Asset Management, LLC 0.25% of their portfolio SHERIDAN, WY 38,89438.9k $927.6k $927.6k 0.25% Reduced -1.6k -1,595
69 TITLEIST ASSET MANAGEMENT, LLC 0.09% of their portfolio SAN ANTONIO, TX 36,20936.2k $863.6k $863.6k 0.09% Added +433 +433
70 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 32,86232.9k $783.8k $783.8k 0.02% Added +6.5k +6,484
71 SWMG, LLC 0.25% of their portfolio FORT WORTH, TX 31,64331.6k $751.2k $751.2k 0.25% Reduced -50 -50
72 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 31,24831.2k $745.3k $745.3k 0.02% Added +4.3k +4,265
73 SAXON INTERESTS, INC. 0.35% of their portfolio HOUSTON, TX 30,99531.0k $743.0k $743.0k 0.35% Unchanged
74 Evolution Wealth Advisors, LLC 0.11% of their portfolio AVENTURA, FL 30,41330.4k $725.4k $725.4k 0.11% Unchanged
75 Fortis Group Advisors, LLC 0.12% of their portfolio WESTWOOD, NJ 28,79928.8k $684.8k $684.8k 0.12% Added +5.8k +5,816
76 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 28,12928.1k $671.0k $671.0k 0.02% New
77 Elequin Capital, LP 0.09% of their portfolio NEW YORK, NY 27,64127.6k $659.2k $659.2k 0.09% New
78 Western Wealth Management, LLC 0.04% of their portfolio GOLDEN, CO 27,63127.6k $659.0k $659.0k 0.04% Added +741 +741
79 Pine Valley Investments Ltd Liability Co 0.04% of their portfolio MARLTON, NJ 26,68526.7k $636.4k $636.4k 0.04% Reduced -215 -215
80 Curran Financial Partners, LLC 0.13% of their portfolio DANIEL ISLAND, SC 23,90323.9k $570.1k $570.1k 0.13% Reduced -2.7k -2,692
81 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 23,65623.7k $563.0k $563.0k 0.00% Added +8.8k +8,813
82 NewSquare Capital LLC 0.04% of their portfolio NEWTOWN SQUARE, PA 23,57423.6k $562.2k $562.2k 0.04% Added +636 +636
83 BCS Wealth Management 0.12% of their portfolio JOHNSON CITY, TN 22,76222.8k $543.0k $543.0k 0.12% Reduced -13.3k -13,268
84 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 22,10522.1k $527.2k $527.2k 0.00% New
85 Amplius Wealth Advisors, LLC 0.04% of their portfolio BLUE BELL, PA 20,09220.1k $479.2k $479.2k 0.04% Reduced -7.6k -7,593
86 Vista Cima Wealth Management LLC 0.45% of their portfolio SURPRISE, AZ 19,97020.0k $476.3k $476.3k 0.45% Unchanged
87 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 18,92018.9k $451.2k $451.2k 0.00% Added +9.8k +9,833
88 Ascentis Independent Advisors 0.08% of their portfolio DALLAS, TX 18,46118.5k $440.3k $440.3k 0.08% Added +1.3k +1,338
89 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 17,57717.6k $419.2k $419.2k 0.02% Reduced -333 -333
90 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 17,07317.1k $407.2k $407.2k 0.00% Added +307 +307
91 Caliber Wealth Management, LLC / KS 0.04% of their portfolio Overland Park, KS 16,69416.7k $398.2k $398.2k 0.04% Unchanged
92 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 16,13816.1k $384.9k $384.9k 0.00% Added +1.9k +1,895
93 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 15,55815.6k $371.1k $371.1k 0.01% Added +178 +178
94 Lokken Investment Group LLC 0.14% of their portfolio LEWES, DE 15,41015.4k $367.5k $367.5k 0.14% Added +5.3k +5,283
95 Clear Creek Financial Management, LLC 0.03% of their portfolio SILVERDALE, WA 14,46814.5k $345.1k $345.1k 0.03% Unchanged
96 Friday Financial 0.17% of their portfolio DUBUQUE, IA 14,08314.1k $335.9k $335.9k 0.17% Reduced -148 -148
97 Bill Few Associates, Inc. 0.09% of their portfolio SEWICKLEY, PA 13,13213.1k $313.2k $313.2k 0.09% Unchanged
98 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 12,68312.7k $302.5k $302.5k 0.02% Added +119 +119
99 Vertex Planning Partners, LLC 0.06% of their portfolio DOWNERS GROVE, IL 11,33511.3k $270.3k $270.3k 0.06% Unchanged
100 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 10,99111.0k $262.1k $262.1k 0.01% Reduced -4.9k -4,928