IQ ARB Merger Arbitrage ETF
MNA
30 hedge funds and large institutions have $58.9M invested in IQ ARB Merger Arbitrage ETF in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
73% more capital invested
Capital invested by funds: $34.1M → $58.9M (+$24.8M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
8.67% more ownership
Funds ownership: 43.7% → 52.37% (+8.7%)
0% more funds holding
Funds holding: 30 → 30 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$9.03M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$5.36M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.93M |
| 4 |
Morgan Stanley
New York
|
+$1.84M |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.18M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$902K |
| 3 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$136K |
| 4 |
P
Palladiem
Bryn Mawr,
Pennsylvania
|
-$50.8K |
| 5 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$30.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $13K | – | – | – |
|
|
BCI
27
Brinker Capital Investments
Berwyn,
Pennsylvania
| $9K | +$1.76K | +62 | +25% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$2.62K | +92 | +81% |
|
|
CG
29
Colony Group
Boston,
Massachusetts
| $4K | – | – | – |
|
|
30
Jane Street
New York
| – | -$1.18M | -42,367 | Closed |
|
|
31
HighTower Advisors
Chicago,
Illinois
| – | -$902K | -32,316 | Closed |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -45 | Closed |
|
MNA Hedge Fund Activity: Q1 2015 in Review
30 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2015, worth a combined $58.9M — up 73% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MNA positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 4 trimmed.
The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $9.03M. The largest seller was Jane Street, exiting entirely with an estimated $1.18M sold.
- 30 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $58.9M of IQ ARB Merger Arbitrage ETF stock for Q1 2015, up 73% quarter-over-quarter.
- 4 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2015 and 3 closed out, a net change of +1 holder.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2015 was Miracle Mile Advisors, an estimated $9.03M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q1 2015 was Jane Street, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2015.