NYLIM Merger Arbitrage ETF
MNA
53 hedge funds and large institutions have $98.9M invested in NYLIM Merger Arbitrage ETF in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
64% more capital invested
Capital invested by funds: $60.2M → $98.9M (+$38.7M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
18% more funds holding
Funds holding: 45 → 53 (+8)
6.28% more ownership
Funds ownership: 35.52% → 41.8% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.56M |
| 2 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
+$5.93M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.17M |
| 4 |
BOS
Bank of Stockton
Stockton,
California
|
+$1.03M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.26M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$433K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$268K |
| 4 |
FFW
Fusion Family Wealth
Woodbury,
New York
|
-$264K |
| 5 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
-$232K |
MNA Hedge Fund Activity: Q2 2017 in Review
53 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q2 2017, worth a combined $98.9M — up 64% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MNA positions and 5 closed out — a net gain of 9 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.56M. The largest seller was Jane Street, exiting entirely with an estimated $1.26M sold.
- 53 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q2 2017, up from 45 in Q1 2017.
- Funds reported $98.9M of NYLIM Merger Arbitrage ETF stock for Q2 2017, up 64% quarter-over-quarter.
- 14 funds opened new NYLIM Merger Arbitrage ETF positions in Q2 2017 and 5 closed out, a net change of +9 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q2 2017 was Morgan Stanley, an estimated $9.56M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q2 2017 was Jane Street, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2017.