NYLIM Merger Arbitrage ETF
MNA
122 hedge funds and large institutions have $477M invested in NYLIM Merger Arbitrage ETF in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 59 reducing their positions, and 25 closing their positions.
0.65% less ownership
Funds ownership: 68.83% → 68.18% (-0.65%)
8% less capital invested
Capital invested by funds: $516M → $477M (-$38.9M)
10% less funds holding
Funds holding: 136 → 122 (-14)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
46% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 59
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$10.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.02M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$2.8M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$2.27M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
-$15.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$12.5M |
| 3 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
-$9.96M |
| 4 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$7.09M |
| 5 |
Morgan Stanley
New York
|
-$5.62M |
MNA Hedge Fund Activity: Q2 2020 in Review
122 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q2 2020, worth a combined $477M — down 7.5% from $516M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MNA and 12 opened new positions — a net loss of 13 holders — while 59 trimmed existing stakes and 32 added.
The largest buyer was Brinker Capital Investments, adding an estimated $10.5M. The largest seller was Abundance Wealth Counselors, exiting entirely with an estimated $15.4M sold.
- 122 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q2 2020, down from 136 in Q1 2020.
- Funds reported $477M of NYLIM Merger Arbitrage ETF stock for Q2 2020, down 7.5% quarter-over-quarter.
- 12 funds opened new NYLIM Merger Arbitrage ETF positions in Q2 2020 and 25 closed out, a net change of -13 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q2 2020 was Brinker Capital Investments, an estimated $10.5M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q2 2020 was Abundance Wealth Counselors, an estimated $15.4M sold.
Based on aggregated 13F filings for Q2 2020.