AltShares Merger Arbitrage ETF
ARB
32 hedge funds and large institutions have $62.5M invested in AltShares Merger Arbitrage ETF in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 2 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
0% more capital invested
Capital invested by funds: $62.2M → $62.5M (+$279K)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.17% less ownership
Funds ownership: 86.5% → 86.32% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$2.55M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$1.55M |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$612K |
| 4 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$413K |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.7M |
| 2 |
GS
GTS Securities
New York
|
-$507K |
| 3 |
Morgan Stanley
New York
|
-$267K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$259K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Allworth Financial
Folsom,
California
| $88.9K | -$38.4K | -1,400 | -30% |
|
|
PTC
27
Private Trust Company
Cleveland,
Ohio
| $56.5K | – | – | – |
|
28
JP Morgan Chase
New York
| $9.43K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$110 | +4 | +2% |
|
30
Wells Fargo
San Francisco,
California
| $2.05K | +$2.03K | +74 | New |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $222 | – | – | – |
|
|
BGAI
32
Bruce G. Allen Investments
Denver,
Colorado
| $111 | – | – | – |
|
|
GS
33
GTS Securities
New York
| – | -$507K | -18,831 | Closed |
|
|
RJFSA
34
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$222K | -8,261 | Closed |
|
ARB Hedge Fund Activity: Q3 2024 in Review
32 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in AltShares Merger Arbitrage ETF (ARB) for Q3 2024, worth a combined $62.5M — up 0.45% from $62.2M a quarter earlier.
Fund positioning in ARB was balanced in Q3 2024: 2 funds opened new positions, 2 closed out, 15 added to existing stakes and 11 trimmed.
The largest buyer was Cantor Fitzgerald Investment Advisors, adding an estimated $2.55M. The largest seller was Jane Street, cutting an estimated $5.7M.
- 32 institutional investors held AltShares Merger Arbitrage ETF (ARB) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $62.5M of AltShares Merger Arbitrage ETF stock for Q3 2024, up 0.45% quarter-over-quarter.
- 2 funds opened new AltShares Merger Arbitrage ETF positions in Q3 2024 and 2 closed out, a net change of 0 holders.
- The largest AltShares Merger Arbitrage ETF buyer in Q3 2024 was Cantor Fitzgerald Investment Advisors, an estimated $2.55M added.
- The largest AltShares Merger Arbitrage ETF seller in Q3 2024 was Jane Street, an estimated $5.7M sold.
Based on aggregated 13F filings for Q3 2024.