NYLIM Merger Arbitrage ETF
MNA
71 hedge funds and large institutions have $185M invested in NYLIM Merger Arbitrage ETF in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 33 reducing their positions, and 12 closing their positions.
3.84% less ownership
Funds ownership: 75.56% → 71.72% (-3.8%)
9% less funds holding
Funds holding: 78 → 71 (-7)
15% less capital invested
Capital invested by funds: $218M → $185M (-$33M)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
52% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$5.73M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.52M |
| 3 |
OAM
Oppenheimer Asset Management
New York
|
+$1.08M |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$262K |
| 5 |
DAS
Diversify Advisory Services
Sandy,
Utah
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.07M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.78M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$7.86M |
| 4 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
-$3.76M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.38M |
MNA Hedge Fund Activity: Q2 2024 in Review
71 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q2 2024, worth a combined $185M — down 15% from $218M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MNA and 7 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 16 added.
The largest buyer was New York Life Investment Management, adding an estimated $5.73M. The largest seller was Commonwealth Equity Services, cutting an estimated $9.07M.
- 71 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q2 2024, down from 78 in Q1 2024.
- Funds reported $185M of NYLIM Merger Arbitrage ETF stock for Q2 2024, down 15% quarter-over-quarter.
- 7 funds opened new NYLIM Merger Arbitrage ETF positions in Q2 2024 and 12 closed out, a net change of -5 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q2 2024 was New York Life Investment Management, an estimated $5.73M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q2 2024 was Commonwealth Equity Services, an estimated $9.07M sold.
Based on aggregated 13F filings for Q2 2024.