We are live on ! Find out more
MNA icon

IQ ARB Merger Arbitrage ETF
MNA

86 hedge funds and large institutions have $371M invested in IQ ARB Merger Arbitrage ETF in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 7

17% more capital invested

Capital invested by funds: $316M → $371M (+$54.9M)

16% more funds holding

Funds holding: 74 → 86 (+12)

4.3% more ownership

Funds ownership: 55.52% → 59.82% (+4.3%)

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

4% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 28

Holders
86
Holders Change
+12
Holders Change %
+16.22%
% of All Funds
1.97%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.14%
New
20
Increased
27
Reduced
28
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GT
Greenleaf Trust
Michigan
+$25.4M
2
WP
WealthPLAN Partners
Nebraska
+$18.3M
3
NAM
NorthCoast Asset Management
Connecticut
+$6.82M
4
Morgan Stanley
Morgan Stanley
New York
+$2.65M
5
QAM
Q3 Asset Management
Michigan
+$1.88M

Top Sellers

Rank Fund Capital Flow
1
CWM
Cornerstone Wealth Management
Missouri
-$6.18M
2
VCM
Verger Capital Management
North Carolina
-$6.08M
3
PCP
Proficio Capital Partners
Massachusetts
-$2.32M
4
LPL Financial
LPL Financial
California
-$2.22M
5
CCMG
Clark Capital Management Group
Pennsylvania
-$1.34M
Name Holding Trade Value Shares
Change 		Change in
Stake
VNA
76
Valley National Advisers
Pennsylvania
$15K – – –
PFGIA
77
Patriot Financial Group Insurance Agency
Massachusetts
$14K – – –
GTAM
78
Global Trust Asset Management
Florida
$13K +$13.1K +419 New
WWMSC
79
Wagner Wealth Management (South Carolina)
South Carolina
$10K – – –
PCG
80
Private Capital Group
Connecticut
$10K +$10.6K +339 New
NR
81
Newfound Research
Massachusetts
$4K -$63 -2 -1%
FFW
82
Fusion Family Wealth
New York
$3K -$29.5K -942 -90%
BBPWM
83
Blue Bell Private Wealth Management
Pennsylvania
$3K – – –
Carson Wealth (CWM LLC)
84
Carson Wealth (CWM LLC)
Nebraska
$2K +$1.69K +54 New
Susquehanna International Group
85
Susquehanna International Group
Pennsylvania
– -$284K -9,256 Closed
BRF
86
B. Riley Financial
California
– -$284K -9,152 Closed
ATC
87
Argent Trust Co
Tennessee
– -$211K -6,925 Closed
Manulife (Manufacturers Life Insurance)
88
Manulife (Manufacturers Life Insurance)
Ontario, Canada
– -$12K -387 Closed
Citigroup
89
Citigroup
New York
– -$9K -309 Closed
CWA
90
Clarus Wealth Advisors
Arizona
– -$4K -126 Closed
LWA
91
Lenox Wealth Advisors
New York
– -$2K -71 Closed
AssetMark Inc
92
AssetMark Inc
California
– +$251 +8 New
1 2 3
4

MNA Hedge Fund Activity: Q3 2018 in Review

86 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q3 2018, worth a combined $371M — up 17% from $316M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MNA positions and 7 closed out — a net gain of 13 holders — while 27 added to existing stakes and 28 trimmed.

The largest buyer was Greenleaf Trust, adding an estimated $25.4M. The largest seller was Cornerstone Wealth Management, cutting an estimated $6.18M.

  • 86 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q3 2018, up from 74 in Q2 2018.
  • Funds reported $371M of IQ ARB Merger Arbitrage ETF stock for Q3 2018, up 17% quarter-over-quarter.
  • 20 funds opened new IQ ARB Merger Arbitrage ETF positions in Q3 2018 and 7 closed out, a net change of +13 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q3 2018 was Greenleaf Trust, an estimated $25.4M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $6.18M sold.

Based on aggregated 13F filings for Q3 2018.