IQ ARB Merger Arbitrage ETF
MNA
68 hedge funds and large institutions have $192M invested in IQ ARB Merger Arbitrage ETF in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 36 reducing their positions, and 11 closing their positions.
4% more capital invested
Capital invested by funds: $185M → $192M (+$7.29M)
0.06% less ownership
Funds ownership: 71.72% → 71.66% (-0.06%)
4% less funds holding
Funds holding: 71 → 68 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
61% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$5.07M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$2.41M |
| 3 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$2.31M |
| 4 |
NWM
Napa Wealth Management
Napa,
California
|
+$937K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.44M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.68M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.53M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$1.05M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| – | -$28K | -885 | Closed |
|
|
SA
77
Scarborough Advisors
Annapolis,
Maryland
| – | -$21.3K | -673 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$17.9K | -565 | Closed |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10.6K | -334 | Closed |
|
MNA Hedge Fund Activity: Q3 2024 in Review
68 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q3 2024, worth a combined $192M — up 3.9% from $185M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MNA and 8 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 14 added.
The largest buyer was Q3 Asset Management, opening a new position worth an estimated $5.07M. The largest seller was Bank of America, cutting an estimated $3.44M.
- 68 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q3 2024, down from 71 in Q2 2024.
- Funds reported $192M of IQ ARB Merger Arbitrage ETF stock for Q3 2024, up 3.9% quarter-over-quarter.
- 8 funds opened new IQ ARB Merger Arbitrage ETF positions in Q3 2024 and 11 closed out, a net change of -3 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q3 2024 was Q3 Asset Management, an estimated $5.07M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q3 2024 was Bank of America, an estimated $3.44M sold.
Based on aggregated 13F filings for Q3 2024.