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IQ ARB Merger Arbitrage ETF

79 hedge funds and large institutions have $218M invested in IQ ARB Merger Arbitrage ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

13.99% less ownership

Funds ownership: 89.55%75.56% (-14%)

14% less funds holding

Funds holding: 9279 (-13)

28% less capital invested

Capital invested by funds: $302M → $218M (-$84.5M)

36% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 36

68% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 19

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
79
Holders Change
-13
Holders Change %
-14.13%
% of All Funds
1.14%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
23
Reduced
36
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$1.12M +$22.9K +731 +2%
RJA
27
Raymond James & Associates
Florida
$1M -$2M -63,926 -67%
EA
28
Eudaimonia Advisors
Tennessee
$927K +$72.4K +2,308 +9%
WAP
29
Wealthcare Advisory Partners
Pennsylvania
$906K -$278K -8,849 -24%
IWC
30
Integrated Wealth Concepts
Massachusetts
$704K -$658K -20,985 -48%
CW
31
CreativeOne Wealth
Kansas
$641K -$512K -16,311 -44%
KAS
32
Kestra Advisory Services
Texas
$639K +$55.3K +1,762 +10%
BCI
33
Brinker Capital Investments
Pennsylvania
$623K -$18.4K -586 -3%
OPS
34
Orion Portfolio Solutions
Nebraska
$623K -$18.4K -586 -3%
CAAM
35
Cornerstone Advisors Asset Management
Pennsylvania
$599K +$16.3K +520 +3%
FFN
36
Focus Financial Network
Minnesota
$572K +$6.49K +207 +1%
EP
37
Eudaimonia Partners
Tennessee
$567K +$18.4K +587 +3%
Wells Fargo
38
Wells Fargo
California
$565K -$1.8M -57,458 -76%
CFD
39
Creative Financial Designs
Indiana
$520K +$9.69K +309 +2%
ONB
40
Old National Bancorp
Indiana
$468K -$3.32K -106 -0.7%
IAN
41
Integrated Advisors Network
Texas
$448K -$22.1K -706 -5%
Osaic Holdings
42
Osaic Holdings
Arizona
$418K +$48.7K +1,552 +13%
MML Investors Services
43
MML Investors Services
Massachusetts
$348K +$10.9K +347 +3%
Focus Partners Wealth
44
Focus Partners Wealth
Massachusetts
$333K -$5.68K -181 -2%
LFS
45
Legacy Financial Strategies
Kansas
$320K -$1.1K -35 -0.3%
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
$295K +$659 +21 +0.2%
RF
47
RHS Financial
California
$276K -$27K -862 -9%
ML
48
McAdam LLC
Pennsylvania
$271K +$22.6K +722 +9%
Cetera Investment Advisers
49
Cetera Investment Advisers
Illinois
$265K +$264K +8,408 New
ETS
50
ESL Trust Services
New York
$260K -$49.3K -1,572 -16%

MNA Hedge Fund Activity: Q1 2024 in Review

79 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2024, worth a combined $218M — down 28% from $302M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of MNA and 6 opened new positions — a net loss of 13 holders — while 36 trimmed existing stakes and 23 added.

The largest buyer was B. Riley Wealth Advisors, adding an estimated $6.1M. The largest seller was Jane Street, cutting an estimated $22.8M.

  • 79 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2024, down from 92 in Q4 2023.
  • Funds reported $218M of IQ ARB Merger Arbitrage ETF stock for Q1 2024, down 28% quarter-over-quarter.
  • 6 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2024 and 19 closed out, a net change of -13 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2024 was B. Riley Wealth Advisors, an estimated $6.1M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q1 2024 was Jane Street, an estimated $22.8M sold.

Based on aggregated 13F filings for Q1 2024.