NYLIM Merger Arbitrage ETF
MNA
45 hedge funds and large institutions have $60.2M invested in NYLIM Merger Arbitrage ETF in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
20% more capital invested
Capital invested by funds: $50.2M → $60.2M (+$10M)
5% more funds holding
Funds holding: 43 → 45 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
0.52% less ownership
Funds ownership: 36.04% → 35.52% (-0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$2.6M |
| 2 |
Morgan Stanley
New York
|
+$1.95M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$1.88M |
| 4 |
Jane Street
New York
|
+$982K |
| 5 |
BOS
Bank of Stockton
Stockton,
California
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$755K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$437K |
| 3 |
CIM
Cetera Investment Management
El Segundo,
California
|
-$395K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$336K |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$306K |
MNA Hedge Fund Activity: Q1 2017 in Review
45 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q1 2017, worth a combined $60.2M — up 20% from $50.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MNA positions and 2 closed out — a net gain of 3 holders — while 17 added to existing stakes and 17 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $2.6M. The largest seller was UBS Group, exiting entirely with an estimated $755K sold.
- 45 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q1 2017, up from 43 in Q4 2016.
- Funds reported $60.2M of NYLIM Merger Arbitrage ETF stock for Q1 2017, up 20% quarter-over-quarter.
- 5 funds opened new NYLIM Merger Arbitrage ETF positions in Q1 2017 and 2 closed out, a net change of +3 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q1 2017 was Clark Capital Management Group, an estimated $2.6M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q1 2017 was UBS Group, an estimated $755K sold.
Based on aggregated 13F filings for Q1 2017.