IQ ARB Merger Arbitrage ETF
MNA
9 hedge funds and large institutions have $3.87M invested in IQ ARB Merger Arbitrage ETF in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
18% more capital invested
Capital invested by funds: $3.29M → $3.87M (+$580K)
0% more funds holding
Funds holding: 9 → 9 (0)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
4.73% less ownership
Funds ownership: 22.85% → 18.12% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$499K |
| 2 |
FAAM
First Allied Asset Management
San Diego,
California
|
+$499K |
| 3 |
Jane Street
New York
|
+$181K |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$44.7K |
| 5 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
+$762 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$299K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$95K |
| 3 |
Morgan Stanley
New York
|
-$47.2K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$20.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $1.16M | -$47.2K | -1,795 | -4% |
|
|
2
Jane Street
New York
| $911K | +$181K | +6,871 | +25% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $609K | -$20.5K | -779 | -3% |
|
|
FAAS
4
First Allied Advisory Services
San Diego,
California
| $507K | +$499K | +18,986 | New |
|
|
FAAM
5
First Allied Asset Management
San Diego,
California
| $507K | +$499K | +18,986 | New |
|
|
BFEC
6
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $109K | – | – | – |
|
|
TFA
7
Transamerica Financial Advisors
St. Petersburg,
Florida
| $52K | +$44.7K | +1,700 | +708% |
|
8
Wells Fargo
San Francisco,
California
| $12K | – | – | – |
|
|
PSI
9
Pinnacle Summer Investments
Fairfax,
Virginia
| $1K | +$762 | +29 | New |
|
|
10
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$299K | -11,440 | Closed |
|
|
11
Ameriprise
Minneapolis,
Minnesota
| – | -$95K | -3,650 | Closed |
|
MNA Hedge Fund Activity: Q3 2013 in Review
9 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q3 2013, worth a combined $3.87M — up 18% from $3.29M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MNA positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $499K. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $299K sold.
- 9 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $3.87M of IQ ARB Merger Arbitrage ETF stock for Q3 2013, up 18% quarter-over-quarter.
- 3 funds opened new IQ ARB Merger Arbitrage ETF positions in Q3 2013 and 2 closed out, a net change of +1 holder.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q3 2013 was First Allied Advisory Services, an estimated $499K added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q3 2013 was Cambridge Investment Research Advisors, an estimated $299K sold.
Based on aggregated 13F filings for Q3 2013.