NYLIM Merger Arbitrage ETF
MNA
142 hedge funds and large institutions have $633M invested in NYLIM Merger Arbitrage ETF in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 56 reducing their positions, and 9 closing their positions.
222% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 9
15% more funds holding
Funds holding: 123 → 142 (+19)
6% more capital invested
Capital invested by funds: $599M → $633M (+$34.1M)
1.41% more ownership
Funds ownership: 66.81% → 68.22% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
18% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.75M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$3.01M |
| 3 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$2.75M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.42M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6M |
| 2 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
-$3.94M |
| 3 |
Axa
Paris,
France
|
-$2.21M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.15M |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$2.11M |
MNA Hedge Fund Activity: Q4 2019 in Review
142 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q4 2019, worth a combined $633M — up 5.7% from $599M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new MNA positions and 9 closed out — a net gain of 20 holders — while 46 added to existing stakes and 56 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.75M. The largest seller was Morgan Stanley, cutting an estimated $6M.
- 142 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q4 2019, up from 123 in Q3 2019.
- Funds reported $633M of NYLIM Merger Arbitrage ETF stock for Q4 2019, up 5.7% quarter-over-quarter.
- 29 funds opened new NYLIM Merger Arbitrage ETF positions in Q4 2019 and 9 closed out, a net change of +20 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q4 2019 was Wells Fargo, an estimated $6.75M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q4 2019 was Morgan Stanley, an estimated $6M sold.
Based on aggregated 13F filings for Q4 2019.