IQ ARB Merger Arbitrage ETF
MNA
123 hedge funds and large institutions have $599M invested in IQ ARB Merger Arbitrage ETF in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 48 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
8% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 48
4.6% less ownership
Funds ownership: 71.41% → 66.81% (-4.6%)
8% less funds holding
Funds holding: 133 → 123 (-10)
12% less capital invested
Capital invested by funds: $684M → $599M (-$85.4M)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.55M |
| 2 |
Goldman Sachs
New York
|
+$1.65M |
| 3 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
+$1.19M |
| 4 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
+$1.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$829K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMPI
Elo Mutual Pension Insurance
Espoo,
Finland
|
-$29.2M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$24.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.7M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$11M |
| 5 |
BOS
Bank of Stockton
Stockton,
California
|
-$8.57M |
MNA Hedge Fund Activity: Q3 2019 in Review
123 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q3 2019, worth a combined $599M — down 12% from $684M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MNA and 12 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 44 added.
The largest buyer was Wells Fargo, adding an estimated $3.55M. The largest seller was Elo Mutual Pension Insurance, exiting entirely with an estimated $29.2M sold.
- 123 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q3 2019, down from 133 in Q2 2019.
- Funds reported $599M of IQ ARB Merger Arbitrage ETF stock for Q3 2019, down 12% quarter-over-quarter.
- 12 funds opened new IQ ARB Merger Arbitrage ETF positions in Q3 2019 and 20 closed out, a net change of -8 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q3 2019 was Wells Fargo, an estimated $3.55M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q3 2019 was Elo Mutual Pension Insurance, an estimated $29.2M sold.
Based on aggregated 13F filings for Q3 2019.