NYLIM Merger Arbitrage ETF
MNA
72 hedge funds and large institutions have $147M invested in NYLIM 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.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
6% more funds holding
Funds holding: 68 → 72 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$1.62M |
| 2 |
RL
Retireful LLC
Haslett,
Michigan
|
+$808K |
| 3 |
Jane Street
New York
|
+$683K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$671K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$31.1M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$6.44M |
| 3 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$5.14M |
| 4 |
NYLIM
New York Life Investment Management
New York
|
-$2.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.68M |
MNA Hedge Fund Activity: Q4 2024 in Review
72 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in NYLIM 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 NYLIM Merger Arbitrage ETF (MNA) as of Q4 2024, up from 68 in Q3 2024.
- Funds reported $147M of NYLIM Merger Arbitrage ETF stock for Q4 2024, down 24% quarter-over-quarter.
- 16 funds opened new NYLIM Merger Arbitrage ETF positions in Q4 2024 and 11 closed out, a net change of +5 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q4 2024 was MAI Capital Management, an estimated $1.62M added.
- The largest NYLIM 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.