IQ ARB Merger Arbitrage ETF
MNA
53 hedge funds and large institutions have $98.9M invested in IQ ARB Merger Arbitrage ETF in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
64% more capital invested
Capital invested by funds: $60.2M → $98.9M (+$38.7M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
18% more funds holding
Funds holding: 45 → 53 (+8)
6.28% more ownership
Funds ownership: 35.52% → 41.8% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.56M |
| 2 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
+$5.93M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.17M |
| 4 |
BOS
Bank of Stockton
Stockton,
California
|
+$1.03M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.26M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$433K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$268K |
| 4 |
FFW
Fusion Family Wealth
Woodbury,
New York
|
-$264K |
| 5 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
IWM
52
IHT Wealth Management
Chicago,
Illinois
| $19 | +$21.9K | +724 | New |
|
|
53
Jane Street
New York
| – | -$1.26M | -42,060 | Closed |
|
|
VKH
54
Virtu KCG Holdings
New York
| – | -$268K | -8,920 | Closed |
|
|
AP
55
Advisors Preferred
Rockville,
Maryland
| – | -$53 | -1,775 | Closed |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| – | -$15K | -491 | Closed |
|
MNA Hedge Fund Activity: Q2 2017 in Review
53 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q2 2017, worth a combined $98.9M — up 64% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MNA positions and 5 closed out — a net gain of 9 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.56M. The largest seller was Jane Street, exiting entirely with an estimated $1.26M sold.
- 53 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q2 2017, up from 45 in Q1 2017.
- Funds reported $98.9M of IQ ARB Merger Arbitrage ETF stock for Q2 2017, up 64% quarter-over-quarter.
- 14 funds opened new IQ ARB Merger Arbitrage ETF positions in Q2 2017 and 5 closed out, a net change of +9 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q2 2017 was Morgan Stanley, an estimated $9.56M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q2 2017 was Jane Street, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2017.