IQ ARB Merger Arbitrage ETF
MNA
119 hedge funds and large institutions have $396M invested in IQ ARB Merger Arbitrage ETF in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 28 increasing their positions, 46 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
12% more funds holding
Funds holding: 106 → 119 (+13)
1.26% more ownership
Funds ownership: 76.29% → 77.55% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less capital invested
Capital invested by funds: $421M → $396M (-$25.3M)
39% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$10.5M |
| 2 |
CF
Cantor Fitzgerald
New York
|
+$5.97M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.34M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.18M |
| 5 |
AF
Allworth Financial
Folsom,
California
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$27M |
| 2 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$20M |
| 3 |
SC
Savant Capital
Rockford,
Illinois
|
-$5.02M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.15M |
| 5 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
-$2.17M |
MNA Hedge Fund Activity: Q4 2022 in Review
119 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2022, worth a combined $396M — down 6% from $421M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MNA positions and 10 closed out — a net gain of 14 holders — while 28 added to existing stakes and 46 trimmed.
The largest buyer was Jane Street, adding an estimated $10.5M. The largest seller was OneDigital Investment Advisors, cutting an estimated $27M.
- 119 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2022, up from 106 in Q3 2022.
- Funds reported $396M of IQ ARB Merger Arbitrage ETF stock for Q4 2022, down 6% quarter-over-quarter.
- 24 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2022 and 10 closed out, a net change of +14 holders.
- The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2022 was Jane Street, an estimated $10.5M added.
- The largest IQ ARB Merger Arbitrage ETF seller in Q4 2022 was OneDigital Investment Advisors, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2022.