NYLIM Merger Arbitrage ETF
MNA
122 hedge funds and large institutions have $436M invested in NYLIM Merger Arbitrage ETF in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 40 increasing their positions, 41 reducing their positions, and 19 closing their positions.
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
0% more funds holding
Funds holding: 122 → 122 (0)
2% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 41
7.19% less ownership
Funds ownership: 78.36% → 71.16% (-7.2%)
19% less capital invested
Capital invested by funds: $539M → $436M (-$103M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Greenleaf Trust
Kalamazoo,
Michigan
|
+$9.46M |
| 2 |
ACMA
Arbor Capital Management (Alaska)
Anchorage,
Alaska
|
+$3.01M |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$2.83M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
-$32.9M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$25.3M |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$14.1M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.3M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$9.02M |
MNA Hedge Fund Activity: Q1 2022 in Review
122 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q1 2022, worth a combined $436M — down 19% from $539M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MNA positions and 19 closed out — a net gain of 4 holders — while 40 added to existing stakes and 41 trimmed.
The largest buyer was Greenleaf Trust, adding an estimated $9.46M. The largest seller was Cantor Fitzgerald Investment Advisors, exiting entirely with an estimated $32.9M sold.
- 122 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $436M of NYLIM Merger Arbitrage ETF stock for Q1 2022, down 19% quarter-over-quarter.
- 23 funds opened new NYLIM Merger Arbitrage ETF positions in Q1 2022 and 19 closed out, a net change of +4 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q1 2022 was Greenleaf Trust, an estimated $9.46M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q1 2022 was Cantor Fitzgerald Investment Advisors, an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2022.