NYLIM Merger Arbitrage ETF
MNA
40 hedge funds and large institutions have $57.9M invested in NYLIM Merger Arbitrage ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more capital invested
Capital invested by funds: $52.4M → $57.9M (+$5.47M)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 41 → 40 (-1)
4.78% less ownership
Funds ownership: 42.21% → 37.42% (-4.8%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
+$6.77M |
| 2 |
Morgan Stanley
New York
|
+$566K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$425K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$390K |
| 5 |
Jane Street
New York
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$658K |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$647K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$517K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
-$308K |
| 5 |
LPL Financial
San Diego,
California
|
-$301K |
MNA Hedge Fund Activity: Q2 2016 in Review
40 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q2 2016, worth a combined $57.9M — up 10% from $52.4M a quarter earlier.
Fund positioning in MNA was balanced in Q2 2016: 6 funds opened new positions, 6 closed out, 13 added to existing stakes and 15 trimmed.
The largest buyer was Stonehearth Capital Management, adding an estimated $6.77M. The largest seller was Stringer Asset Management, cutting an estimated $658K.
- 40 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q2 2016, down from 41 in Q1 2016.
- Funds reported $57.9M of NYLIM Merger Arbitrage ETF stock for Q2 2016, up 10% quarter-over-quarter.
- 6 funds opened new NYLIM Merger Arbitrage ETF positions in Q2 2016 and 6 closed out, a net change of 0 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q2 2016 was Stonehearth Capital Management, an estimated $6.77M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q2 2016 was Stringer Asset Management, an estimated $658K sold.
Based on aggregated 13F filings for Q2 2016.