We are live on ! Find out more
MNA icon

IQ ARB Merger Arbitrage ETF
MNA

122 hedge funds and large institutions have $520M invested in IQ ARB Merger Arbitrage ETF in 2021 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 38

3.9% more ownership

Funds ownership: 74.46% → 78.36% (+3.9%)

4% less capital invested

Capital invested by funds: $543M → $520M (-$23.2M)

5% less funds holding

Funds holding: 129 → 122 (-7)

13% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 24

40% less funds holding in top 10

Funds holding in top 10: 5 → 3 (-2)

Holders
122
Holders Change
-7
Holders Change %
-5.43%
% of All Funds
1.88%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.05%
New
21
Increased
42
Reduced
38
Closed
24
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GT
Greenleaf Trust
Michigan
+$18.4M
2
AF
Allworth Financial
California
+$14.5M
3
BCI
Brinker Capital Investments
Pennsylvania
+$10.8M
4
OIA
OneDigital Investment Advisors
Kansas
+$4.49M
5
MIA
MainStreet Investment Advisors
Illinois
+$1.73M

Top Sellers

Rank Fund Capital Flow
1
CFIA
Cantor Fitzgerald Investment Advisors
New York
-$8.22M
2
Ameriprise
Ameriprise
Minnesota
-$6.22M
3
LFASL
Lugano Financial Advisors SA (LFA)
Switzerland
-$6.06M
4
ST
Spinnaker Trust
Maine
-$4.43M
5
FWP
FAS Wealth Partners
Kansas
-$3.39M
Name Holding Trade Value Shares
Change 		Change in
Stake
CG
51
Colony Group
Massachusetts
$1.01M +$685K +21,054 +204%
CFGS
52
Concourse Financial Group Securities
Alabama
$1M +$7.39K +227 +0.7%
PA
53
PFG Advisors
Arizona
$953K +$4.39K +135 +0.5%
EA
54
Eudaimonia Advisors
Tennessee
$939K +$947K +29,114 New
SB
55
Strategic Blueprint
Georgia
$904K -$28.8K -885 -3%
GRP
56
Global Retirement Partners
California
$864K +$14K +430 +2%
Cetera Investment Advisers
57
Cetera Investment Advisers
Illinois
$854K -$40.8K -1,254 -5%
CG
58
Caprock Group
Idaho
$821K – – –
VWA
59
Visionary Wealth Advisors
Illinois
$796K +$80K +2,458 +11%
KAS
60
Kestra Advisory Services
Texas
$707K -$108K -3,327 -13%
FTUS
61
Flow Traders U.S.
New York
$699K -$80.9K -2,487 -10%
RJFSA
62
Raymond James Financial Services Advisors
Florida
$660K +$55K +1,691 +9%
MML Investors Services
63
MML Investors Services
Massachusetts
$600K +$20.3K +625 +3%
FMBTD
64
First Midwest Bank Trust Division
Illinois
$589K +$2.57K +79 +0.4%
ML
65
McAdam LLC
Pennsylvania
$583K +$30.8K +948 +6%
IA
66
IFP Advisors
Florida
$579K +$21.8K +669 +4%
FIM
67
Freedom Investment Management
Connecticut
$549K +$33.8K +1,039 +7%
LA
68
Latitude Advisors
Florida
$534K +$456 +14 +0.1%
LFS
69
Legacy Financial Strategies
Kansas
$494K -$45.8K -1,407 -8%
SC
70
Savant Capital
Illinois
$449K +$453K +13,921 New
CF
71
Centaurus Financial
California
$421K -$44.3K -1,361 -9%
CM
72
Columbus Macro
Pennsylvania
$420K -$18.6K -572 -4%
VI
73
Vestcor Inc
New Brunswick, Canada
$410K – – –
IAN
74
Integrated Advisors Network
Texas
$404K -$11.3K -348 -3%
CAN
75
Cetera Advisor Networks
California
$367K -$871K -26,769 -70%
1 2
3
4 5

MNA Hedge Fund Activity: Q4 2021 in Review

122 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2021, worth a combined $520M — down 4.3% from $543M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of MNA and 21 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 42 added.

The largest buyer was Greenleaf Trust, adding an estimated $18.4M. The largest seller was Cantor Fitzgerald Investment Advisors, cutting an estimated $8.22M.

  • 122 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2021, down from 129 in Q3 2021.
  • Funds reported $520M of IQ ARB Merger Arbitrage ETF stock for Q4 2021, down 4.3% quarter-over-quarter.
  • 21 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2021 and 24 closed out, a net change of -3 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2021 was Greenleaf Trust, an estimated $18.4M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q4 2021 was Cantor Fitzgerald Investment Advisors, an estimated $8.22M sold.

Based on aggregated 13F filings for Q4 2021.