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AltShares Merger Arbitrage ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 3232 (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%)

Holders
32
Holders Change
Holders Change %
0%
% of All Funds
0.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
15
Reduced
11
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CFIA
1
Cantor Fitzgerald Investment Advisors
New York
$14.9M +$2.55M +93,043 +21%
NYLIM
2
New York Life Investment Management
New York
$9.97M +$1.55M +56,594 +19%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$6.29M -$169K -6,162 -3%
BCI
4
Brinker Capital Investments
Pennsylvania
$4.77M +$137K +4,982 +3%
OPS
5
Orion Portfolio Solutions
Nebraska
$4.77M +$137K +4,982 +3%
LFA
6
Legend Financial Advisors
Pennsylvania
$4.36M -$101K -3,691 -2%
HI
7
Harbour Investments
Wisconsin
$2.76M +$612K +22,296 +29%
HighTower Advisors
8
HighTower Advisors
Illinois
$2.57M +$45.7K +1,666 +2%
DAS
9
Diversify Advisory Services
Utah
$1.76M +$61.5K +2,239 +4%
Osaic Holdings
10
Osaic Holdings
Arizona
$1.72M +$41.5K +1,510 +2%
PA
11
PFG Advisors
Arizona
$1.24M +$413K +15,051 +51%
CAPTRUST Financial Advisors
12
CAPTRUST Financial Advisors
North Carolina
$1.22M -$97.9K -3,566 -7%
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$995K +$33.9K +1,235 +4%
AI
14
Atria Investments
North Carolina
$833K +$40.1K +1,461 +5%
AssetMark Inc
15
AssetMark Inc
California
$829K +$3.19K +116 +0.4%
AP
16
Advisors Preferred
Maryland
$610K -$168K -6,126 -22%
Morgan Stanley
17
Morgan Stanley
New York
$452K -$267K -9,725 -37%
Bank of America
18
Bank of America
North Carolina
$452K -$259K -9,417 -37%
CM
19
Columbus Macro
Pennsylvania
$394K -$3.51K -128 -0.9%
Envestnet Portfolio Solutions
20
Envestnet Portfolio Solutions
Illinois
$304K +$69.5K +2,532 +30%
DAS
21
Dynamic Advisor Solutions
Arizona
$303K +$300K +10,926 New
Mercer Global Advisors
22
Mercer Global Advisors
Colorado
$227K -$2.85K -104 -1%
Jane Street
23
Jane Street
New York
$223K -$5.7M -207,772 -96%
CFGS
24
Concourse Financial Group Securities
Alabama
$222K -$24.7K -900 -10%
SPIA
25
Steward Partners Investment Advisory
New York
$96.5K +$26.3K +958 +38%

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.