IQ ARB Merger Arbitrage ETF
MNA
67 hedge funds and large institutions have $149M invested in IQ ARB Merger Arbitrage ETF in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
36% more capital invested
Capital invested by funds: $110M → $149M (+$39.5M)
24% more funds holding
Funds holding: 54 → 67 (+13)
0.97% more ownership
Funds ownership: 40.51% → 41.48% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.76M |
| 3 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
+$3.24M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.52M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFW
Fusion Family Wealth
Woodbury,
New York
|
-$900K |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$763K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$760K |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$417K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$141K |
MNA Hedge Fund Activity: Q4 2017 in Review
67 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2017, worth a combined $149M — up 36% from $110M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MNA positions and 2 closed out — a net gain of 13 holders — while 28 added to existing stakes and 13 trimmed.
The largest buyer was Ameriprise, adding an estimated $15.8M. The largest seller was Fusion Family Wealth, cutting an estimated $900K.
- 67 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2017, up from 54 in Q3 2017.
- Funds reported $149M of IQ ARB Merger Arbitrage ETF stock for Q4 2017, up 36% quarter-over-quarter.
- 15 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2017 and 2 closed out, a net change of +13 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2017 was Ameriprise, an estimated $15.8M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q4 2017 was Fusion Family Wealth, an estimated $900K sold.
Based on aggregated 13F filings for Q4 2017.