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IQ ARB Merger Arbitrage ETF

90 hedge funds and large institutions have $382M invested in IQ ARB Merger Arbitrage ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more ownership

Funds ownership: 79.9%81.9% (+2%)

2% more capital invested

Capital invested by funds: $375M → $382M (+$6.44M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less funds holding

Funds holding: 9690 (-6)

30% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 40

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

Holders
90
Holders Change
-6
Holders Change %
-6.25%
% of All Funds
1.43%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
28
Reduced
40
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFS
76
Annapolis Financial Services
Maryland
$20.5K +$20.4K +650 New
PNC Financial Services Group
77
PNC Financial Services Group
Pennsylvania
$14.6K
UBS Group
78
UBS Group
Switzerland
$13.7K -$34.9K -1,111 -72%
Fidelity Investments
79
Fidelity Investments
Massachusetts
$9.95K -$4.02K -128 -29%
Northwestern Mutual Wealth Management
80
Northwestern Mutual Wealth Management
Wisconsin
$5.4K -$51.9K -1,653 -91%
HI
81
Harbour Investments
Wisconsin
$5.12K -$4.71K -150 -48%
JP Morgan Chase
82
JP Morgan Chase
New York
$3.56K -$597 -19 -15%
VNA
83
Valley National Advisers
Pennsylvania
$2K
NA
84
NewEdge Advisors
Louisiana
$1.77K
NFSG
85
Newbridge Financial Services Group
Florida
$1.55K
SWM
86
Sugarloaf Wealth Management
Georgia
$808
AssetMark Inc
87
AssetMark Inc
California
$727 +$722 +23 New
KFI
88
Key Financial Inc
Pennsylvania
$411
Citigroup
89
Citigroup
New York
$95 +$94 +3 New
TFG
90
Team Financial Group
California
$95 +$94 +3 New
IPW
91
Impact Partnership Wealth
Georgia
$5
CCMG
92
Clark Capital Management Group
Pennsylvania
-$3.54M -113,364 Closed
PA
93
Pinnacle Associates
New York
-$1.68M -53,803 Closed
PWMAG
94
Pinnacle Wealth Management Advisory Group
New Jersey
-$774K -24,795 Closed
AAS
95
Avantax Advisory Services
Texas
-$501K -16,045 Closed
CWM
96
Curi Wealth Management
North Carolina
-$412K -13,211 Closed
P
97
Palladiem
Pennsylvania
-$276K -8,860 Closed
WSTAM
98
Wilbanks Smith & Thomas Asset Management
Virginia
-$274K -8,777 Closed
WP
99
WealthPLAN Partners
Nebraska
-$62.7K -2,010 Closed
FDCDDQ
100
Federation des caisses Desjardins du Quebec
Quebec, Canada
-$36.2K -1,159 Closed

MNA Hedge Fund Activity: Q3 2023 in Review

90 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q3 2023, worth a combined $382M — up 1.7% from $375M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of MNA and 9 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 28 added.

The largest buyer was New York Life Investment Management, adding an estimated $11.2M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $3.54M sold.

  • 90 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q3 2023, down from 96 in Q2 2023.
  • Funds reported $382M of IQ ARB Merger Arbitrage ETF stock for Q3 2023, up 1.7% quarter-over-quarter.
  • 9 funds opened new IQ ARB Merger Arbitrage ETF positions in Q3 2023 and 15 closed out, a net change of -6 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q3 2023 was New York Life Investment Management, an estimated $11.2M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q3 2023 was Clark Capital Management Group, an estimated $3.54M sold.

Based on aggregated 13F filings for Q3 2023.