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IQ ARB Merger Arbitrage ETF
MNA

67 hedge funds and large institutions have $149M invested in IQ ARB Merger Arbitrage ETF in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 2

115% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 13

36% more capital invested

Capital invested by funds: $110M → $149M (+$39.5M)

24% more funds holding

Funds holding: 54 → 67 (+13)

0.97% more ownership

Funds ownership: 40.51% → 41.48% (+0.97%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
67
Holders Change
+13
Holders Change %
+24.07%
% of All Funds
1.52%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
15
Increased
28
Reduced
13
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
+$15.8M
2
Bank of America
Bank of America
North Carolina
+$5.76M
3
MFP
Mosaic Financial Partners
California
+$3.24M
4
OIA
OneDigital Investment Advisors
Kansas
+$1.52M
5
LPL Financial
LPL Financial
California
+$1.26M

Top Sellers

Rank Fund Capital Flow
1
FFW
Fusion Family Wealth
New York
-$900K
2
HH
Hilltop Holdings
Texas
-$763K
3
HighTower Advisors
HighTower Advisors
Illinois
-$760K
4
ACM
Aviance Capital Management
Florida
-$417K
5
AP
Advisors Preferred
Maryland
-$141K
Name Holding Trade Value Shares
Change 		Change in
Stake
MML Investors Services
26
MML Investors Services
Massachusetts
$722K +$87K +2,821 +14%
BAM
27
Belpointe Asset Management
Nevada
$672K +$25.5K +828 +4%
VCM
28
Verger Capital Management
North Carolina
$656K +$652K +21,121 New
Goldman Sachs
29
Goldman Sachs
New York
$596K +$41.1K +1,333 +7%
RJA
30
Raymond James & Associates
Florida
$530K -$30.2K -979 -5%
Jane Street
31
Jane Street
New York
$527K +$524K +16,982 New
FAAS
32
First Allied Advisory Services
California
$514K -$47.1K -1,525 -8%
Envestnet Asset Management
33
Envestnet Asset Management
Illinois
$469K +$34.8K +1,129 +8%
FWP
34
FAS Wealth Partners
Kansas
$466K +$463K +15,000 New
CM
35
Columbus Macro
Pennsylvania
$429K +$426K +13,802 New
PWM
36
Paulson Wealth Management
Illinois
$415K +$413K +13,378 New
HighTower Advisors
37
HighTower Advisors
Illinois
$380K -$760K -24,640 -66%
AA
38
Ancora Advisors
Ohio
$333K – – –
FFW
39
Fusion Family Wealth
New York
$307K -$900K -29,157 -75%
VF
40
Virtu Financial
New York
$281K -$77.1K -2,500 -22%
ATC
41
Argent Trust Co
Tennessee
$279K – – –
Wells Fargo
42
Wells Fargo
California
$256K -$14.4K -466 -5%
MPWT
43
MassMutual Private Wealth & Trust
Connecticut
$240K +$239K +7,739 New
MIA
44
MainStreet Investment Advisors
Illinois
$240K +$239K +7,739 New
MC
45
Moors & Cabot
Massachusetts
$231K +$230K +7,444 New
ML
46
McAdam LLC
Pennsylvania
$216K – – –
CCM
47
Crabel Capital Management
California
$215K +$214K +6,933 New
DP
48
Denver PWM
Colorado
$205K +$202K +6,546 New
AF
49
Advisornet Financial
Minnesota
$139K +$138K +4,479 New
TFA
50
Transamerica Financial Advisors
Florida
$135K +$130K +4,218 +3,321%
1
2
3

MNA Hedge Fund Activity: Q4 2017 in Review

67 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2017, worth a combined $149M — up 36% from $110M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MNA positions and 2 closed out — a net gain of 13 holders — while 28 added to existing stakes and 13 trimmed.

The largest buyer was Ameriprise, adding an estimated $15.8M. The largest seller was Fusion Family Wealth, cutting an estimated $900K.

  • 67 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2017, up from 54 in Q3 2017.
  • Funds reported $149M of IQ ARB Merger Arbitrage ETF stock for Q4 2017, up 36% quarter-over-quarter.
  • 15 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2017 and 2 closed out, a net change of +13 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2017 was Ameriprise, an estimated $15.8M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q4 2017 was Fusion Family Wealth, an estimated $900K sold.

Based on aggregated 13F filings for Q4 2017.