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IQ ARB Merger Arbitrage ETF

127 hedge funds and large institutions have $524M invested in IQ ARB Merger Arbitrage ETF in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 45 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 13

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

9% more funds holding

Funds holding: 117127 (+10)

4% more capital invested

Capital invested by funds: $505M → $524M (+$18.4M)

0.4% less ownership

Funds ownership: 71.35%70.94% (-0.4%)

18% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 45

Holders
127
Holders Change
+10
Holders Change %
+8.55%
% of All Funds
2.25%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.11%
New
26
Increased
37
Reduced
45
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PA
51
PFG Advisors
Arizona
$895K -$13.5K -397 -1%
VI
52
Vestcor Inc
New Brunswick, Canada
$847K
VFA
53
Voya Financial Advisors
Connecticut
$742K +$15.8K +466 +2%
FMBTD
54
First Midwest Bank Trust Division
Illinois
$656K -$856K -25,221 -56%
Goldman Sachs
55
Goldman Sachs
New York
$637K +$50.2K +1,479 +8%
CF
56
Centaurus Financial
California
$623K -$1.2M -35,377 -65%
IA
57
IFP Advisors
Florida
$605K -$71.5K -2,107 -10%
RJFSA
58
Raymond James Financial Services Advisors
Florida
$604K -$17.2K -508 -3%
ML
59
McAdam LLC
Pennsylvania
$600K +$95.4K +2,812 +19%
LWP
60
Laurel Wealth Planning
Minnesota
$597K +$607K +17,900 New
LFS
61
Legacy Financial Strategies
Kansas
$549K -$18.5K -545 -3%
FFN
62
Focus Financial Network
Minnesota
$546K +$7.33K +216 +1%
AP
63
Advisors Preferred
Maryland
$545K +$437K +12,893 +373%
MML Investors Services
64
MML Investors Services
Massachusetts
$541K -$17.8K -526 -3%
KAS
65
Kestra Advisory Services
Texas
$539K +$163K +4,813 +42%
NFG
66
Nations Financial Group
Iowa
$536K +$29.9K +880 +6%
CM
67
Columbus Macro
Pennsylvania
$481K -$28.7K -847 -6%
RCA
68
Rowland Carmichael Advisors
Arizona
$473K +$8.52K +251 +2%
IAN
69
Integrated Advisors Network
Texas
$452K -$10.7K -314 -2%
SPIA
70
Steward Partners Investment Advisory
New York
$425K +$433K +12,750 New
CWA
71
Clarus Wealth Advisors
Arizona
$415K -$1.32K -39 -0.3%
CW
72
CreativeOne Wealth
Kansas
$410K -$177K -5,212 -30%
IWM
73
IHT Wealth Management
Illinois
$389K -$42.9K -1,263 -10%
CAN
74
Cetera Advisor Networks
California
$362K +$5.43K +160 +1%
WCM
75
Wealthcare Capital Management
Virginia
$348K +$354K +10,433 New

MNA Hedge Fund Activity: Q4 2020 in Review

127 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2020, worth a combined $524M — up 3.6% from $505M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MNA positions and 13 closed out — a net gain of 13 holders — while 37 added to existing stakes and 45 trimmed.

The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $23M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $8.46M sold.

  • 127 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2020, up from 117 in Q3 2020.
  • Funds reported $524M of IQ ARB Merger Arbitrage ETF stock for Q4 2020, up 3.6% quarter-over-quarter.
  • 26 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2020 and 13 closed out, a net change of +13 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2020 was Mainstay Capital Management, an estimated $23M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q4 2020 was United Services Automobile Association, an estimated $8.46M sold.

Based on aggregated 13F filings for Q4 2020.