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IQ ARB Merger Arbitrage ETF
MNA

40 hedge funds and large institutions have $84.8M invested in IQ ARB Merger Arbitrage ETF in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,000% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 1

280% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 5

44% more capital invested

Capital invested by funds: $58.9M → $84.8M (+$25.9M)

33% more funds holding

Funds holding: 30 → 40 (+10)

9.19% more ownership

Funds ownership: 52.37% → 61.56% (+9.2%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
40
Holders Change
+10
Holders Change %
+33.33%
% of All Funds
1.08%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
11
Increased
19
Reduced
5
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$8.12M
2
RJA
Raymond James & Associates
Florida
+$6.39M
3
Bank of America
Bank of America
North Carolina
+$2.19M
4
MMA
Miracle Mile Advisors
California
+$2.13M
5
FAAS
First Allied Advisory Services
California
+$2.12M

Top Sellers

Rank Fund Capital Flow
1
VKH
Virtu KCG Holdings
New York
-$159K
2
P
Palladiem
Pennsylvania
-$57.7K
3
SCM
Stonehearth Capital Management
Massachusetts
-$17.3K
4
Wells Fargo
Wells Fargo
California
-$12.4K
5
CG
Colony Group
Massachusetts
-$3.22K
Name Holding Trade Value Shares
Change 		Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$281K +$283K +9,777 New
CWA
27
Constellation Wealth Advisors
New York
$281K +$284K +9,795 New
AIG
28
American International Group
New York
$177K +$2.98K +103 +2%
P
29
Palladiem
Pennsylvania
$117K -$57.7K -1,990 -33%
BFEC
30
Benjamin F. Edwards & Company
Missouri
$74K – – –
UBS Group
31
UBS Group
Switzerland
$59K +$59.7K +2,061 New
MAA
32
Managed Account Advisors
New Jersey
$53K +$53.3K +1,838 New
BRWM
33
B. Riley Wealth Management
Tennessee
$26K – – –
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$14K – – –
CFA
35
Carroll Financial Associates
North Carolina
$14K +$14.5K +500 New
LTFS
36
Ladenburg Thalmann Financial Services
Florida
$7K +$1.07K +37 +18%
CG
37
Colony Group
Massachusetts
$1K -$3.22K -111 -84%
Manulife (Manufacturers Life Insurance)
38
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17 +$17.5K +603 New
FAAM
39
First Allied Asset Management
California
– -$2.25M -77,979 Closed
Wells Fargo
40
Wells Fargo
California
– -$12.4K -427 -96%
1
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MNA Hedge Fund Activity: Q2 2015 in Review

40 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q2 2015, worth a combined $84.8M — up 44% from $58.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new MNA positions and 1 closed out — a net gain of 10 holders — while 19 added to existing stakes and 5 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $8.12M. The largest seller was Virtu KCG Holdings, cutting an estimated $159K.

  • 40 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q2 2015, up from 30 in Q1 2015.
  • Funds reported $84.8M of IQ ARB Merger Arbitrage ETF stock for Q2 2015, up 44% quarter-over-quarter.
  • 11 funds opened new IQ ARB Merger Arbitrage ETF positions in Q2 2015 and 1 closed out, a net change of +10 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q2 2015 was Susquehanna International Group, an estimated $8.12M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q2 2015 was Virtu KCG Holdings, an estimated $159K sold.

Based on aggregated 13F filings for Q2 2015.