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IQ ARB Merger Arbitrage ETF

72 hedge funds and large institutions have $147M invested in IQ ARB Merger Arbitrage ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

6% more funds holding

Funds holding: 6872 (+4)

4.78% less ownership

Funds ownership: 71.66%66.89% (-4.8%)

24% less capital invested

Capital invested by funds: $192M → $147M (-$45.4M)

27% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 26

Holders
72
Holders Change
+4
Holders Change %
+5.88%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
19
Reduced
26
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NYLIM
1
New York Life Investment Management
New York
$35.7M -$2.16M -65,886 -6%
Morgan Stanley
2
Morgan Stanley
New York
$20.5M -$256K -7,784 -1%
OPCM
3
Osborne Partners Capital Management
California
$15.5M +$179K +5,444 +1%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$8.52M -$92.9K -2,827 -1%
OAM
5
Oppenheimer Asset Management
New York
$8.31M +$380K +11,568 +5%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$4.73M -$743K -22,617 -14%
CAPTRUST Financial Advisors
7
CAPTRUST Financial Advisors
North Carolina
$3.74M -$5.45K -166 -0.1%
EH
8
Equitable Holdings
New York
$3.57M +$267K +8,140 +8%
AL
9
Aspiriant LLC
California
$3.51M -$369K -11,222 -10%
LPL Financial
10
LPL Financial
California
$3.51M -$1.54M -46,855 -31%
OIA
11
OneDigital Investment Advisors
Kansas
$3.33M -$673K -20,475 -17%
SC
12
Savant Capital
Illinois
$3.01M -$33.5K -1,020 -1%
LSWP
13
Liberty Square Wealth Partners
Pennsylvania
$2.97M +$2.91M +88,697 New
Ameriprise
14
Ameriprise
Minnesota
$2.76M -$948K -28,854 -26%
CFIA
15
Cantor Fitzgerald Investment Advisors
New York
$2.13M -$87.7K -2,669 -4%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.87M +$86.1K +2,622 +5%
KWA
17
Kingswood Wealth Advisors
California
$1.74M -$607K -18,483 -26%
MCM
18
MAI Capital Management
Ohio
$1.62M +$1.62M +49,236 New
GT
19
Greenleaf Trust
Michigan
$1.59M -$493K -15,002 -24%
Bank of America
20
Bank of America
North Carolina
$1.56M -$1.68M -51,132 -52%
AL
21
ACAS LLC
California
$1.51M -$12.1K -368 -0.8%
Raymond James Financial
22
Raymond James Financial
Florida
$1.23M +$1.23M +37,423 New
FFA
23
Farther Finance Advisors
California
$1.02M -$260K -7,923 -20%
RL
24
Retireful LLC
Michigan
$811K +$808K +24,607 New
BCI
25
Brinker Capital Investments
Pennsylvania
$694K +$103K +3,150 +18%

MNA Hedge Fund Activity: Q4 2024 in Review

72 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in IQ ARB Merger Arbitrage ETF (MNA) for Q4 2024, worth a combined $147M — down 24% from $192M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new MNA positions and 11 closed out — a net gain of 5 holders — while 19 added to existing stakes and 26 trimmed.

The largest buyer was MAI Capital Management, opening a new position worth an estimated $1.62M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $31.1M sold.

  • 72 institutional investors held IQ ARB Merger Arbitrage ETF (MNA) as of Q4 2024, up from 68 in Q3 2024.
  • Funds reported $147M of IQ ARB Merger Arbitrage ETF stock for Q4 2024, down 24% quarter-over-quarter.
  • 16 funds opened new IQ ARB Merger Arbitrage ETF positions in Q4 2024 and 11 closed out, a net change of +5 holders.
  • The largest IQ ARB Merger Arbitrage ETF buyer in Q4 2024 was MAI Capital Management, an estimated $1.62M added.
  • The largest IQ ARB Merger Arbitrage ETF seller in Q4 2024 was Manulife (Manufacturers Life Insurance), an estimated $31.1M sold.

Based on aggregated 13F filings for Q4 2024.