We are live on ! Find out more
MNA icon

IQ ARB Merger Arbitrage ETF

43 hedge funds and large institutions have $50.2M invested in IQ ARB Merger Arbitrage ETF in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

8% more funds holding

Funds holding: 4043 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $51.3M → $50.2M (-$1.1M)

1.32% less ownership

Funds ownership: 37.35%36.04% (-1.3%)

18% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 17

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
1.07%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
7
Increased
14
Reduced
17
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Stonehearth Capital Management
Massachusetts
$8.93M -$200K -6,873 -2%
Morgan Stanley
2
Morgan Stanley
New York
$7.12M +$203K +6,986 +3%
BOS
3
Bank of Stockton
California
$5.93M +$1.26M +43,305 +27%
ACM
4
Aviance Capital Management
Florida
$2.69M -$353K -12,167 -12%
CFA
5
Carroll Financial Associates
North Carolina
$2.62M -$69K -2,374 -3%
FFW
6
Fusion Family Wealth
New York
$2.41M +$2.39M +82,126 New
Bank of America
7
Bank of America
North Carolina
$2.24M +$607K +20,892 +38%
Ameriprise
8
Ameriprise
Minnesota
$1.89M +$331K +11,404 +21%
CAN
9
Cetera Advisor Networks
California
$1.8M -$1.44M -49,665 -45%
HH
10
Hilltop Holdings
Texas
$1.54M
Axa
11
Axa
France
$1.28M +$148K +5,110 +13%
LFAS
12
Level Four Advisory Services
Texas
$1.19M +$1.18M +40,694 New
FAAS
13
First Allied Advisory Services
California
$1.13M -$183K -6,288 -14%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$1.05M -$3.91M -134,654 -79%
CIM
15
Cetera Investment Management
California
$999K -$169K -5,802 -15%
SG Americas Securities
16
SG Americas Securities
New York
$816K
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$779K -$25.1K -864 -3%
LPL Financial
18
LPL Financial
California
$761K +$198K +6,805 +36%
UBS Group
19
UBS Group
Switzerland
$755K +$688K +23,691 +1,152%
WSTAM
20
Wilbanks Smith & Thomas Asset Management
Virginia
$704K -$223K -7,690 -24%
RJA
21
Raymond James & Associates
Florida
$612K -$125K -4,305 -17%
VKH
22
Virtu KCG Holdings
New York
$593K -$111K -3,833 -16%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$467K +$158K +5,448 +52%
ATC
24
Argent Trust Co
Tennessee
$379K -$45.5K -1,565 -11%
Jane Street
25
Jane Street
New York
$262K -$265K -9,133 -50%

MNA Hedge Fund Activity: Q4 2016 in Review

43 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2016, worth a combined $50.2M — down 2.1% from $51.3M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new MNA positions and 4 closed out — a net gain of 3 holders — while 14 added to existing stakes and 17 trimmed.

The largest buyer was Bank of Stockton, adding an estimated $1.26M. The largest seller was Commonwealth Equity Services, cutting an estimated $3.91M.

  • 43 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2016, up from 40 in Q3 2016.
  • Funds reported $50.2M of IQ ARB Merger Arbitrage ETF stock for Q4 2016, down 2.1% quarter-over-quarter.
  • 7 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2016 and 4 closed out, a net change of +3 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2016 was Bank of Stockton, an estimated $1.26M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q4 2016 was Commonwealth Equity Services, an estimated $3.91M sold.

Based on aggregated 13F filings for Q4 2016.