IQ ARB Merger Arbitrage ETF
MNA
108 hedge funds and large institutions have $398M invested in IQ ARB Merger Arbitrage ETF in 2022 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 48 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
5.91% more ownership
Funds ownership: 71.16% → 77.07% (+5.9%)
9% less capital invested
Capital invested by funds: $436M → $398M (-$38.3M)
11% less funds holding
Funds holding: 122 → 108 (-14)
40% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 48
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$18.2M |
| 2 |
SC
Savant Capital
Rockford,
Illinois
|
+$8.53M |
| 3 |
Jane Street
New York
|
+$4.51M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.42M |
| 5 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$26.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.2M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$4.57M |
| 4 |
SIG
Spinnaker Investment Group
Newport Beach,
California
|
-$2.05M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
126
EP Wealth Advisors
Torrance,
California
| – | -$177K | -5,535 | Closed |
|
|
AWM
127
Avior Wealth Management
Omaha,
Nebraska
| – | -$109K | -3,420 | Closed |
|
128
Koshinski Asset Management
Decatur,
Illinois
| – | -$39.7K | -1,244 | Closed |
|
|
HA
129
Herold Advisors
New York
| – | -$6.39K | -200 | Closed |
|
|
GWM
130
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -178 | Closed |
|
|
MCC
131
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$4K | -128 | Closed |
|
|
PFGIA
132
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$2K | -78 | Closed |
|
133
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -27 | Closed |
|
MNA Hedge Fund Activity: Q2 2022 in Review
108 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q2 2022, worth a combined $398M — down 8.8% from $436M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MNA and 14 opened new positions — a net loss of 11 holders — while 48 trimmed existing stakes and 29 added.
The largest buyer was Aspiriant LLC, adding an estimated $18.2M. The largest seller was Brinker Capital Investments, cutting an estimated $26.6M.
- 108 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q2 2022, down from 122 in Q1 2022.
- Funds reported $398M of IQ ARB Merger Arbitrage ETF stock for Q2 2022, down 8.8% quarter-over-quarter.
- 14 funds opened new IQ ARB Merger Arbitrage ETF positions in Q2 2022 and 25 closed out, a net change of -11 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q2 2022 was Aspiriant LLC, an estimated $18.2M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q2 2022 was Brinker Capital Investments, an estimated $26.6M sold.
Based on aggregated 13F filings for Q2 2022.