NYLIM Merger Arbitrage ETF
MNA
80 hedge funds and large institutions have $169M invested in NYLIM Merger Arbitrage ETF in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 12 closing their positions.
0.05% less ownership
Funds ownership: 66.43% → 66.37% (-0.05%)
4% less capital invested
Capital invested by funds: $176M → $169M (-$7.17M)
7% less funds holding
Funds holding: 86 → 80 (-6)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.74M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$1.74M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.18M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.02M |
| 5 |
OAM
Oppenheimer Asset Management
New York
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.06M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
-$3.26M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.9M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.33M |
| 5 |
Jane Street
New York
|
-$1.5M |
MNA Hedge Fund Activity: Q1 2026 in Review
80 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in NYLIM Merger Arbitrage ETF (MNA) for Q1 2026, worth a combined $169M — down 4.1% from $176M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MNA and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 25 added.
The largest buyer was Atria Investments, adding an estimated $1.74M. The largest seller was Ameriprise, cutting an estimated $5.06M.
- 80 institutional investors held NYLIM Merger Arbitrage ETF (MNA) as of Q1 2026, down from 86 in Q4 2025.
- Funds reported $169M of NYLIM Merger Arbitrage ETF stock for Q1 2026, down 4.1% quarter-over-quarter.
- 9 funds opened new NYLIM Merger Arbitrage ETF positions in Q1 2026 and 12 closed out, a net change of -3 holders.
- The largest NYLIM Merger Arbitrage ETF buyer in Q1 2026 was Atria Investments, an estimated $1.74M added.
- The largest NYLIM Merger Arbitrage ETF seller in Q1 2026 was Ameriprise, an estimated $5.06M sold.
Based on aggregated 13F filings for Q1 2026.