IQ ARB Merger Arbitrage ETF
MNA
40 hedge funds and large institutions have $51.3M invested in IQ ARB Merger Arbitrage ETF in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding
Funds holding: 40 → 40 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.07% less ownership
Funds ownership: 37.42% → 37.35% (-0.07%)
11% less capital invested
Capital invested by funds: $57.9M → $51.3M (-$6.64M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOS
Bank of Stockton
Stockton,
California
|
+$4.56M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.64M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.23M |
| 4 |
SG Americas Securities
New York
|
+$798K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.15M |
| 2 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$3.26M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.93M |
| 4 |
Morgan Stanley
New York
|
-$995K |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$831K |
MNA Hedge Fund Activity: Q3 2016 in Review
40 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q3 2016, worth a combined $51.3M — down 11% from $57.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MNA positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Bank of Stockton, opening a new position worth an estimated $4.56M. The largest seller was Raymond James & Associates, cutting an estimated $8.15M.
- 40 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $51.3M of IQ ARB Merger Arbitrage ETF stock for Q3 2016, down 11% quarter-over-quarter.
- 5 funds opened new IQ ARB Merger Arbitrage ETF positions in Q3 2016 and 4 closed out, a net change of +1 holder.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q3 2016 was Bank of Stockton, an estimated $4.56M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q3 2016 was Raymond James & Associates, an estimated $8.15M sold.
Based on aggregated 13F filings for Q3 2016.