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IQ ARB Merger Arbitrage ETF

40 hedge funds and large institutions have $84.8M invested in IQ ARB Merger Arbitrage ETF in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,000% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 1

280% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 5

44% more capital invested

Capital invested by funds: $58.9M → $84.8M (+$25.9M)

33% more funds holding

Funds holding: 3040 (+10)

9.19% more ownership

Funds ownership: 52.37%61.56% (+9.2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
40
Holders Change
+10
Holders Change %
+33.33%
% of All Funds
1.08%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
19
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NYLIM
1
New York Life Investment Management
New York
$16.3M
MMA
2
Miracle Mile Advisors
California
$11.2M +$2.13M +73,619 +23%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$8.82M +$8.12M +280,221 +1,031%
Morgan Stanley
4
Morgan Stanley
New York
$8.57M +$1.22M +42,001 +16%
RJA
5
Raymond James & Associates
Florida
$8.06M +$6.39M +220,556 +366%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$5.09M +$1.14M +39,174 +28%
JIC
7
Johnson Investment Counsel
Ohio
$4.21M +$22K +760 +0.5%
SAM
8
Stringer Asset Management
Tennessee
$4.21M +$249K +8,579 +6%
Bank of America
9
Bank of America
North Carolina
$3.86M +$2.19M +75,741 +129%
FAAS
10
First Allied Advisory Services
California
$2.11M +$2.12M +73,270 New
SCM
11
Stonehearth Capital Management
Massachusetts
$1.8M -$17.3K -598 -0.9%
HH
12
Hilltop Holdings
Texas
$1.77M +$266K +9,196 +18%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$1.29M +$132K +4,550 +11%
BCI
14
Brinker Capital Investments
Pennsylvania
$1.16M +$1.16M +40,000 +12,862%
JP Morgan Chase
15
JP Morgan Chase
New York
$1.02M +$1.03M +35,549 New
LPL Financial
16
LPL Financial
California
$794K +$411K +14,172 +107%
TFA
17
Transamerica Financial Advisors
Florida
$542K +$495K +17,077 +957%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$496K +$28.6K +988 +6%
ACM
19
Argentus Capital Management
Texas
$404K +$408K +14,074 New
MPWT
20
MassMutual Private Wealth & Trust
Connecticut
$375K +$36.1K +1,245 +10%
HCM
21
Hengehold Capital Management
Ohio
$330K +$22.5K +776 +7%
BCM
22
Boyle Capital Management
Iowa
$327K +$331K +11,407 New
TAM
23
Tocqueville Asset Management
New York
$320K +$323K +11,150 New
VKH
24
Virtu KCG Holdings
New York
$318K -$159K -5,497 -33%
SI
25
SII Investments
Wisconsin
$297K +$10K +345 +3%

MNA Hedge Fund Activity: Q2 2015 in Review

40 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q2 2015, worth a combined $84.8M — up 44% from $58.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new MNA positions and 1 closed out — a net gain of 10 holders — while 19 added to existing stakes and 5 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $8.12M. The largest seller was Virtu KCG Holdings, cutting an estimated $159K.

  • 40 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q2 2015, up from 30 in Q1 2015.
  • Funds reported $84.8M of IQ ARB Merger Arbitrage ETF stock for Q2 2015, up 44% quarter-over-quarter.
  • 11 funds opened new IQ ARB Merger Arbitrage ETF positions in Q2 2015 and 1 closed out, a net change of +10 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q2 2015 was Susquehanna International Group, an estimated $8.12M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q2 2015 was Virtu KCG Holdings, an estimated $159K sold.

Based on aggregated 13F filings for Q2 2015.