AltShares Merger Arbitrage ETF
ARB
19 hedge funds and large institutions have $86.2M invested in AltShares Merger Arbitrage ETF in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 18 → 19 (+1)
5% less capital invested
Capital invested by funds: $90.6M → $86.2M (-$4.47M)
3.9% less ownership
Funds ownership: 114.36% → 110.46% (-3.9%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$40.6M |
| 2 |
Jane Street
New York
|
+$226K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$214K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$133K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$33.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$837K |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$682K |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$510K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$263K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$154K |
ARB Hedge Fund Activity: Q2 2022 in Review
19 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in AltShares Merger Arbitrage ETF (ARB) for Q2 2022, worth a combined $86.2M — down 4.9% from $90.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ARB positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $40.6M. The largest seller was Envestnet Asset Management, cutting an estimated $837K.
- 19 institutional investors held AltShares Merger Arbitrage ETF (ARB) as of Q2 2022, up from 18 in Q1 2022.
- Funds reported $86.2M of AltShares Merger Arbitrage ETF stock for Q2 2022, down 4.9% quarter-over-quarter.
- 4 funds opened new AltShares Merger Arbitrage ETF positions in Q2 2022 and 2 closed out, a net change of +2 holders.
- The largest AltShares Merger Arbitrage ETF buyer in Q2 2022 was Cantor Fitzgerald, an estimated $40.6M added.
- The largest AltShares Merger Arbitrage ETF seller in Q2 2022 was Envestnet Asset Management, an estimated $837K sold.
Based on aggregated 13F filings for Q2 2022.