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IQ ARB Merger Arbitrage ETF

45 hedge funds and large institutions have $60.2M invested in IQ ARB Merger Arbitrage ETF in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

20% more capital invested

Capital invested by funds: $50.2M → $60.2M (+$10M)

5% more funds holding

Funds holding: 4345 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 17

0.52% less ownership

Funds ownership: 36.04%35.52% (-0.52%)

Holders
45
Holders Change
+2
Holders Change %
+4.65%
% of All Funds
1.12%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
5
Increased
17
Reduced
17
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AA
26
Ancora Advisors
Ohio
$328K +$301K +10,129 +1,260%
Wells Fargo
27
Wells Fargo
California
$291K +$287K +9,676 +28,459%
VKH
28
Virtu KCG Holdings
New York
$268K -$336K -11,308 -56%
TFA
29
Transamerica Financial Advisors
Florida
$194K -$51.8K -1,745 -21%
PB
30
Pinnacle Bancorp
Nebraska
$93K +$91.8K +3,093 New
BCI
31
Brinker Capital Investments
Pennsylvania
$80K -$5.34K -180 -6%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$78K -$93.3K -3,143 -55%
AG
33
Advisor Group
Arizona
$47K +$326 +11 +0.7%
IA
34
IFP Advisors
Florida
$46K +$45.8K +1,544 New
LTFS
35
Ladenburg Thalmann Financial Services
Florida
$36K +$5.7K +192 +19%
Bank of Montreal
36
Bank of Montreal
Ontario, Canada
$24K
GI
37
Gradient Investments
Minnesota
$15K +$13.4K +452 +1,159%
VNA
38
Valley National Advisers
Pennsylvania
$14K -$1.84K -62 -12%
RFWA
39
RPg Family Wealth Advisory
Massachusetts
$12.3K
Manulife (Manufacturers Life Insurance)
40
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12K
NR
41
Newfound Research
Massachusetts
$3K -$31.8K -1,071 -91%
Creative Planning
42
Creative Planning
Kansas
$1K -$14.7K -494 -93%
AP
43
Advisors Preferred
Maryland
$53 +$52.7K +1,775 New
UBS Group
44
UBS Group
Switzerland
-$755K -25,747 Closed
SEI Investments
45
SEI Investments
Pennsylvania
-$3K -100 Closed
AssetMark Inc
46
AssetMark Inc
California
+$445 +15 New

MNA Hedge Fund Activity: Q1 2017 in Review

45 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2017, worth a combined $60.2M — up 20% from $50.2M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new MNA positions and 2 closed out — a net gain of 3 holders — while 17 added to existing stakes and 17 trimmed.

The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $2.6M. The largest seller was UBS Group, exiting entirely with an estimated $755K sold.

  • 45 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2017, up from 43 in Q4 2016.
  • Funds reported $60.2M of IQ ARB Merger Arbitrage ETF stock for Q1 2017, up 20% quarter-over-quarter.
  • 5 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2017 and 2 closed out, a net change of +3 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2017 was Clark Capital Management Group, an estimated $2.6M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q1 2017 was UBS Group, an estimated $755K sold.

Based on aggregated 13F filings for Q1 2017.