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IQ ARB Merger Arbitrage ETF

45 hedge funds and large institutions have $60.2M invested in IQ ARB 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.

New
Increased
Maintained
Reduced
Closed

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: 4345 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (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%)

Holders
45
Holders Change
+2
Holders Change %
+4.65%
% of All Funds
1.12%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
5
Increased
17
Reduced
17
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.27M +$1.95M +65,863 +27%
SCM
2
Stonehearth Capital Management
Massachusetts
$8.96M -$180K -6,071 -2%
BOS
3
Bank of Stockton
California
$7.01M +$931K +31,360 +15%
Bank of America
4
Bank of America
North Carolina
$3.14M +$838K +28,233 +37%
CFA
5
Carroll Financial Associates
North Carolina
$2.65M -$33.7K -1,136 -1%
CCMG
6
Clark Capital Management Group
Pennsylvania
$2.63M +$2.6M +87,759 New
ACM
7
Aviance Capital Management
Florida
$2.44M -$306K -10,321 -11%
FFW
8
Fusion Family Wealth
New York
$2.36M -$103K -3,463 -4%
Ameriprise
9
Ameriprise
Minnesota
$2.23M +$298K +10,057 +16%
PCP
10
Proficio Capital Partners
Massachusetts
$2.18M +$1.88M +63,500 +728%
CAN
11
Cetera Advisor Networks
California
$1.99M +$136K +4,579 +7%
HH
12
Hilltop Holdings
Texas
$1.57M
LPL Financial
13
LPL Financial
California
$1.38M +$597K +20,131 +78%
Axa
14
Axa
France
$1.37M +$57.6K +1,940 +4%
LFAS
15
Level Four Advisory Services
Texas
$1.36M +$138K +4,657 +11%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$1.27M +$201K +6,765 +19%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1.27M +$469K +15,794 +59%
Jane Street
18
Jane Street
New York
$1.26M +$982K +33,102 +370%
SG Americas Securities
19
SG Americas Securities
New York
$835K
FAAS
20
First Allied Advisory Services
California
$715K -$437K -14,732 -38%
WSTAM
21
Wilbanks Smith & Thomas Asset Management
Virginia
$709K -$11.7K -395 -2%
CIM
22
Cetera Investment Management
California
$623K -$395K -13,305 -39%
RJA
23
Raymond James & Associates
Florida
$543K -$81.9K -2,761 -13%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$471K -$6.23K -210 -1%
ATC
25
Argent Trust Co
Tennessee
$360K -$27.4K -925 -7%

MNA Hedge Fund Activity: Q1 2017 in Review

45 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in IQ ARB 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 IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2017, up from 43 in Q4 2016.
  • Funds reported $60.2M of IQ ARB Merger Arbitrage ETF stock for Q1 2017, up 20% quarter-over-quarter.
  • 5 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2017 and 2 closed out, a net change of +3 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2017 was Clark Capital Management Group, an estimated $2.6M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q1 2017 was UBS Group, an estimated $755K sold.

Based on aggregated 13F filings for Q1 2017.