We are live on ! Find out more
MNA icon

IQ ARB Merger Arbitrage ETF

79 hedge funds and large institutions have $218M invested in IQ ARB Merger Arbitrage ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

13.99% less ownership

Funds ownership: 89.55%75.56% (-14%)

14% less funds holding

Funds holding: 9279 (-13)

28% less capital invested

Capital invested by funds: $302M → $218M (-$84.5M)

36% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 36

68% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 19

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
79
Holders Change
-13
Holders Change %
-14.13%
% of All Funds
1.14%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
23
Reduced
36
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
1
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$31.7M +$2.51M +80,078 +9%
NYLIM
2
New York Life Investment Management
New York
$28.1M -$13.9M -443,453 -33%
Morgan Stanley
3
Morgan Stanley
New York
$20.9M -$22M -702,540 -51%
BRWA
4
B. Riley Wealth Advisors
Florida
$15M +$6.1M +194,374 +70%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$14.9M -$1.13M -35,991 -7%
OPCM
6
Osborne Partners Capital Management
California
$14.4M +$112K +3,567 +0.8%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$9.87M +$1.86M +59,206 +23%
Bank of America
8
Bank of America
North Carolina
$8.85M -$2.88M -91,696 -25%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$8.18M -$2.13M -67,781 -21%
OAM
10
Oppenheimer Asset Management
New York
$6.36M +$2.33M +74,137 +58%
OIA
11
OneDigital Investment Advisors
Kansas
$5.42M -$1.02M -32,471 -16%
LPL Financial
12
LPL Financial
California
$5.16M -$6.2M -197,749 -55%
AL
13
Aspiriant LLC
California
$4.27M -$854K -27,241 -17%
PCS
14
Personal CFO Solutions
New Jersey
$3.76M +$42.8K +1,364 +1%
CAPTRUST Financial Advisors
15
CAPTRUST Financial Advisors
North Carolina
$3.75M -$161K -5,118 -4%
Ameriprise
16
Ameriprise
Minnesota
$3.51M +$134K +4,271 +4%
SC
17
Savant Capital
Illinois
$3.33M -$342K -10,920 -9%
EH
18
Equitable Holdings
New York
$2.72M -$143K -4,545 -5%
GT
19
Greenleaf Trust
Michigan
$2.43M -$8.2M -261,591 -77%
Citadel Advisors
20
Citadel Advisors
Florida
$2.31M -$1.09M -34,648 -32%
CFIA
21
Cantor Fitzgerald Investment Advisors
New York
$1.9M +$14.8K +473 +0.8%
FFA
22
Farther Finance Advisors
California
$1.6M -$177K -5,639 -10%
AL
23
ACAS LLC
California
$1.53M -$14.6K -467 -0.9%
Jane Street
24
Jane Street
New York
$1.52M -$22.8M -726,014 -94%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.38M +$52.2K +1,665 +4%

MNA Hedge Fund Activity: Q1 2024 in Review

79 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q1 2024, worth a combined $218M — down 28% from $302M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of MNA and 6 opened new positions — a net loss of 13 holders — while 36 trimmed existing stakes and 23 added.

The largest buyer was B. Riley Wealth Advisors, adding an estimated $6.1M. The largest seller was Jane Street, cutting an estimated $22.8M.

  • 79 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q1 2024, down from 92 in Q4 2023.
  • Funds reported $218M of IQ ARB Merger Arbitrage ETF stock for Q1 2024, down 28% quarter-over-quarter.
  • 6 funds opened new IQ ARB Merger Arbitrage ETF positions in Q1 2024 and 19 closed out, a net change of -13 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q1 2024 was B. Riley Wealth Advisors, an estimated $6.1M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q1 2024 was Jane Street, an estimated $22.8M sold.

Based on aggregated 13F filings for Q1 2024.