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IQ ARB Merger Arbitrage ETF

41 hedge funds and large institutions have $52.4M invested in IQ ARB Merger Arbitrage ETF in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

6% more capital invested

Capital invested by funds: $49.6M → $52.4M (+$2.81M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.45% less ownership

Funds ownership: 43.66%42.21% (-1.5%)

2% less funds holding

Funds holding: 4241 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

Holders
41
Holders Change
-1
Holders Change %
-2.38%
% of All Funds
1.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
16
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
26
Cidel Asset Management
Ontario, Canada
$213K
Janney Montgomery Scott
27
Janney Montgomery Scott
Pennsylvania
$207K +$204K +7,186 New
PCP
28
Proficio Capital Partners
Massachusetts
$156K
BFEC
29
Benjamin F. Edwards & Company
Missouri
$74K
VNA
30
Valley National Advisers
Pennsylvania
$49K -$3.31K -117 -6%
NR
31
Newfound Research
Massachusetts
$38K +$8.9K +314 +31%
AIG
32
American International Group
New York
$33K +$7.34K +259 +29%
ACM
33
Argentus Capital Management
Texas
$26K +$1.45K +51 +6%
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$23K
Manulife (Manufacturers Life Insurance)
35
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17K
LTFS
36
Ladenburg Thalmann Financial Services
Florida
$11K -$7.96K -281 -42%
Wells Fargo
37
Wells Fargo
California
$10K +$9.58K +338 New
BCI
38
Brinker Capital Investments
Pennsylvania
$9K -$5.64K -199 -40%
TFA
39
Transamerica Financial Advisors
Florida
$8K -$591K -20,856 -99%
CK
40
Carnick & Kubik
Colorado
$2K +$2.27K +80 New
Cambridge Investment Research Advisors
41
Cambridge Investment Research Advisors
Iowa
-$671K -23,917 Closed
Jane Street
42
Jane Street
New York
-$477K -16,984 Closed
VKH
43
Virtu KCG Holdings
New York
-$384K -13,684 Closed
UCFA
44
United Capital Financial Advisors
Texas
-$237K -8,450 Closed
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
-$228K -8,139 Closed
CG
46
Colony Group
Massachusetts
-$1K -21 Closed

MNA Hedge Fund Activity: Q1 2016 in Review

41 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2016, worth a combined $52.4M — up 5.7% from $49.6M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of MNA and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 16 added.

The largest buyer was Ameriprise, adding an estimated $1.12M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $671K sold.

  • 41 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2016, down from 42 in Q4 2015.
  • Funds reported $52.4M of IQ ARB Merger Arbitrage ETF stock for Q1 2016, up 5.7% quarter-over-quarter.
  • 5 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2016 and 6 closed out, a net change of -1 holder.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2016 was Ameriprise, an estimated $1.12M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q1 2016 was Cambridge Investment Research Advisors, an estimated $671K sold.

Based on aggregated 13F filings for Q1 2016.