NYLIM Merger Arbitrage ETF
MNA
106 hedge funds and large institutions have $421M invested in NYLIM Merger Arbitrage ETF in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 41 reducing their positions, and 9 closing their positions.
78% more capital inflows, than outflows
Capital inflows: $47.8M | Capital outflows: $26.9M
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
0.78% less ownership
Funds ownership: 77.07% → 76.29% (-0.78%)
2% less funds holding
Funds holding: 108 → 106 (-2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$8.98M |
| 2 |
Aspiriant LLC
Los Angeles,
California
|
+$7.2M |
| 3 |
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$6.84M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.51M |
| 5 |
Quantitative Advantage
Minnetonka,
Minnesota
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$7.95M |
| 2 |
Jane Street
New York
|
-$5.05M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.11M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.67M |
| 5 |
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$1.55M |
MNA Hedge Fund Activity: Q3 2022 in Review
106 of the 5,833 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q3 2022, worth a combined $421M — up 3.6% from $407M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MNA positions and 9 closed out — a net gain of 2 holders — while 29 added to existing stakes and 41 trimmed.
The largest buyer was B. Riley Wealth Advisors, opening a new position worth an estimated $8.98M. The largest seller was OneDigital Investment Advisors, cutting an estimated $7.95M.
- 106 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q3 2022, down from 108 in Q2 2022.
- Funds reported $421M of NYLIM Merger Arbitrage ETF stock for Q3 2022, up 3.6% quarter-over-quarter.
- 11 funds opened new NYLIM Merger Arbitrage ETF positions in Q3 2022 and 9 closed out, a net change of +2 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q3 2022 was B. Riley Wealth Advisors, an estimated $8.98M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q3 2022 was OneDigital Investment Advisors, an estimated $7.95M sold.
Based on aggregated 13F filings for Q3 2022.