IQ ARB Merger Arbitrage ETF
MNA
127 hedge funds and large institutions have $522M invested in IQ ARB Merger Arbitrage ETF in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 16 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
1.12% more ownership
Funds ownership: 70.94% → 72.07% (+1.1%)
0% more funds holding
Funds holding: 127 → 127 (0)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less capital invested
Capital invested by funds: $524M → $522M (-$1.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPCM
Osborne Partners Capital Management
San Francisco,
California
|
+$10.1M |
| 2 |
Morgan Stanley
New York
|
+$6.58M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$5.73M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.87M |
| 5 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$22.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$15.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.35M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$2.69M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$2.23M |
MNA Hedge Fund Activity: Q1 2021 in Review
127 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2021, worth a combined $522M — down 0.28% from $524M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MNA positions and 16 closed out — a net gain of 2 holders — while 52 added to existing stakes and 37 trimmed.
The largest buyer was Osborne Partners Capital Management, opening a new position worth an estimated $10.1M. The largest seller was Mainstay Capital Management, exiting entirely with an estimated $22.6M sold.
- 127 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $522M of IQ ARB Merger Arbitrage ETF stock for Q1 2021, down 0.28% quarter-over-quarter.
- 18 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2021 and 16 closed out, a net change of +2 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2021 was Osborne Partners Capital Management, an estimated $10.1M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q1 2021 was Mainstay Capital Management, an estimated $22.6M sold.
Based on aggregated 13F filings for Q1 2021.