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IQ ARB Merger Arbitrage ETF

124 hedge funds and large institutions have $706M invested in IQ ARB Merger Arbitrage ETF in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 30 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 30

41% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 22

28% more capital invested

Capital invested by funds: $552M → $706M (+$154M)

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

8% more funds holding

Funds holding: 115124 (+9)

4.13% more ownership

Funds ownership: 66.73%70.86% (+4.1%)

Holders
124
Holders Change
+9
Holders Change %
+7.83%
% of All Funds
2.68%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.35%
New
31
Increased
50
Reduced
30
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QAM
126
Q3 Asset Management
Michigan
-$1.82M -57,449 Closed
EFS
127
Econ Financial Services
Pennsylvania
-$1.05M -33,272 Closed
AFNAS
128
American Financial Network Advisory Services
California
-$767K -24,187 Closed
BAM
129
Belpointe Asset Management
Nevada
-$452K -14,257 Closed
PWM
130
Paulson Wealth Management
Illinois
-$420K -13,178 Closed
AIC
131
Ameritas Investment Company
Nebraska
-$372K -11,735 Closed
MIA
132
MainStreet Investment Advisors
Illinois
-$212K -6,699 Closed
HH
133
Hilltop Holdings
Texas
-$203K -6,391 Closed
TFA
134
Transamerica Financial Advisors
Florida
-$83K -2,595 Closed
Carson Wealth (CWM LLC)
135
Carson Wealth (CWM LLC)
Nebraska
-$14K -438 Closed
PCIA
136
Prime Capital Investment Advisors
Kansas
-$14K -433 Closed
SGS
137
Sterling Global Strategies
California
-$13.5K -426 Closed
PCG
138
Private Capital Group
Connecticut
-$11K -339 Closed
BCM
139
Brasada Capital Management
Texas
-$6K -200 Closed
CA
140
Claro Advisors
Massachusetts
-$6K -200 Closed
LWA
141
Lenox Wealth Advisors
New York
-$6K -197 Closed
GWMIA
142
Global Wealth Management Investment Advisory
Florida
-$5K -150 Closed
NR
143
Newfound Research
Massachusetts
-$4K -135 Closed
W
144
WealthOne
New York
-$1K -31 Closed

MNA Hedge Fund Activity: Q1 2019 in Review

124 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2019, worth a combined $706M — up 28% from $552M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new MNA positions and 22 closed out — a net gain of 9 holders — while 50 added to existing stakes and 30 trimmed.

The largest buyer was Cantor Fitzgerald Investment Advisors, opening a new position worth an estimated $36.3M. The largest seller was Ameriprise, cutting an estimated $26.7M.

  • 124 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2019, up from 115 in Q4 2018.
  • Funds reported $706M of IQ ARB Merger Arbitrage ETF stock for Q1 2019, up 28% quarter-over-quarter.
  • 31 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2019 and 22 closed out, a net change of +9 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2019 was Cantor Fitzgerald Investment Advisors, an estimated $36.3M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q1 2019 was Ameriprise, an estimated $26.7M sold.

Based on aggregated 13F filings for Q1 2019.