NYLIM Merger Arbitrage ETF
MNA
108 hedge funds and large institutions have $407M invested in NYLIM Merger Arbitrage ETF in 2022 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 48 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
5.91% more ownership
Funds ownership: 71.16% → 77.07% (+5.9%)
7% less capital invested
Capital invested by funds: $436M → $407M (-$29.5M)
11% less funds holding
Funds holding: 122 → 108 (-14)
40% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 48
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$18.2M |
| 2 |
SC
Savant Capital
Rockford,
Illinois
|
+$8.53M |
| 3 |
Jane Street
New York
|
+$4.51M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.42M |
| 5 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$26.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.2M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$4.57M |
| 4 |
SIG
Spinnaker Investment Group
Newport Beach,
California
|
-$2.05M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.85M |
MNA Hedge Fund Activity: Q2 2022 in Review
108 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q2 2022, worth a combined $407M — down 6.8% from $436M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MNA and 14 opened new positions — a net loss of 11 holders — while 48 trimmed existing stakes and 29 added.
The largest buyer was Aspiriant LLC, adding an estimated $18.2M. The largest seller was Brinker Capital Investments, cutting an estimated $26.6M.
- 108 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q2 2022, down from 122 in Q1 2022.
- Funds reported $407M of NYLIM Merger Arbitrage ETF stock for Q2 2022, down 6.8% quarter-over-quarter.
- 14 funds opened new NYLIM Merger Arbitrage ETF positions in Q2 2022 and 25 closed out, a net change of -11 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q2 2022 was Aspiriant LLC, an estimated $18.2M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q2 2022 was Brinker Capital Investments, an estimated $26.6M sold.
Based on aggregated 13F filings for Q2 2022.