NYLIM Merger Arbitrage ETF
MNA
43 hedge funds and large institutions have $50.2M invested in NYLIM 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.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
8% more funds holding
Funds holding: 40 → 43 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOS
Bank of Stockton
Stockton,
California
|
+$1.26M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$688K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$607K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$331K |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.91M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.44M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.25M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$353K |
| 5 |
Jane Street
New York
|
-$265K |
MNA Hedge Fund Activity: Q4 2016 in Review
43 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in NYLIM 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 NYLIM Merger Arbitrage ETF (MNA) as of Q4 2016, up from 40 in Q3 2016.
- Funds reported $50.2M of NYLIM Merger Arbitrage ETF stock for Q4 2016, down 2.1% quarter-over-quarter.
- 7 funds opened new NYLIM Merger Arbitrage ETF positions in Q4 2016 and 4 closed out, a net change of +3 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q4 2016 was Bank of Stockton, an estimated $1.26M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q4 2016 was Commonwealth Equity Services, an estimated $3.91M sold.
Based on aggregated 13F filings for Q4 2016.