IQ ARB Merger Arbitrage ETF
MNA
30 hedge funds and large institutions have $34.1M invested in IQ ARB Merger Arbitrage ETF in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 1 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 1
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
58% more funds holding
Funds holding: 19 → 30 (+11)
51% more capital invested
Capital invested by funds: $22.6M → $34.1M (+$11.5M)
7.04% more ownership
Funds ownership: 36.66% → 43.7% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$3.54M |
| 2 |
Morgan Stanley
New York
|
+$1.78M |
| 3 |
Jane Street
New York
|
+$893K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$733K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$215K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$53.1K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$42.3K |
| 4 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$7.06K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $4.08K | – | – | – |
|
|
CG
27
Colony Group
Boston,
Massachusetts
| $4K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | +$3.15K | +114 | New |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$1.25K | +45 | New |
|
|
30
Ameriprise
Minneapolis,
Minnesota
| – | -$215K | -7,840 | Closed |
|
31
Parallax Volatility Advisers
San Francisco,
California
| – | +$28 | +1 | New |
|
MNA Hedge Fund Activity: Q4 2014 in Review
30 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2014, worth a combined $34.1M — up 51% from $22.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MNA positions and 1 closed out — a net gain of 11 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Johnson Investment Counsel, adding an estimated $3.54M. The largest seller was Ameriprise, exiting entirely with an estimated $215K sold.
- 30 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2014, up from 19 in Q3 2014.
- Funds reported $34.1M of IQ ARB Merger Arbitrage ETF stock for Q4 2014, up 51% quarter-over-quarter.
- 12 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2014 and 1 closed out, a net change of +11 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2014 was Johnson Investment Counsel, an estimated $3.54M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q4 2014 was Ameriprise, an estimated $215K sold.
Based on aggregated 13F filings for Q4 2014.