AltShares Merger Arbitrage ETF
ARB
32 hedge funds and large institutions have $73.3M invested in AltShares Merger Arbitrage ETF in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 5 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
17% more capital invested
Capital invested by funds: $62.5M → $73.3M (+$10.8M)
5.43% more ownership
Funds ownership: 86.32% → 91.76% (+5.4%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.91M |
| 2 |
GS
GTS Securities
New York
|
+$1.8M |
| 3 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$538K |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$344K |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$610K |
| 2 |
NYLIM
New York Life Investment Management
New York
|
-$300K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$97.2K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$62.1K |
| 5 |
Morgan Stanley
New York
|
-$62K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $218K | -$4.53K | -163 | -2% |
|
27
LPL Financial
San Diego,
California
| $218K | +$220K | +7,908 | New |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $161K | +$66K | +2,375 | +68% |
|
|
AF
29
Allworth Financial
Folsom,
California
| $98.9K | +$9.51K | +342 | +11% |
|
|
PTC
30
Private Trust Company
Cleveland,
Ohio
| $39.3K | -$17K | -612 | -30% |
|
|
CA
31
Continuum Advisory
Eagle,
Idaho
| $5.31K | +$5.37K | +193 | New |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
AP
33
Advisors Preferred
Rockville,
Maryland
| – | -$610K | -22,043 | Closed |
|
34
JP Morgan Chase
New York
| – | -$9.43K | -340 | Closed |
|
35
Wells Fargo
San Francisco,
California
| – | -$2.05K | -74 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$222 | -8 | Closed |
|
|
BGAI
37
Bruce G. Allen Investments
Denver,
Colorado
| – | -$111 | -4 | Closed |
|
ARB Hedge Fund Activity: Q4 2024 in Review
32 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in AltShares Merger Arbitrage ETF (ARB) for Q4 2024, worth a combined $73.3M — up 17% from $62.5M a quarter earlier.
Fund positioning in ARB was balanced in Q4 2024: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, adding an estimated $2.91M. The largest seller was Advisors Preferred, exiting entirely with an estimated $610K sold.
- 32 institutional investors held AltShares Merger Arbitrage ETF (ARB) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $73.3M of AltShares Merger Arbitrage ETF stock for Q4 2024, up 17% quarter-over-quarter.
- 5 funds opened new AltShares Merger Arbitrage ETF positions in Q4 2024 and 5 closed out, a net change of 0 holders.
- The largest AltShares Merger Arbitrage ETF buyer in Q4 2024 was Jane Street, an estimated $2.91M added.
- The largest AltShares Merger Arbitrage ETF seller in Q4 2024 was Advisors Preferred, an estimated $610K sold.
Based on aggregated 13F filings for Q4 2024.