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AltShares Merger Arbitrage ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 3232 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

Holders
32
Holders Change
Holders Change %
0%
% of All Funds
0.42%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
5
Increased
15
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CFIA
1
Cantor Fitzgerald Investment Advisors
New York
$15.4M +$538K +19,366 +4%
NYLIM
2
New York Life Investment Management
New York
$9.6M -$300K -10,806 -3%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$6.15M -$97.2K -3,496 -2%
LAMNM
4
Longview Asset Management (New Mexico)
New Mexico
$5.22M +$5.27M +189,528 New
BCI
5
Brinker Capital Investments
Pennsylvania
$5.07M +$344K +12,359 +7%
OPS
6
Orion Portfolio Solutions
Nebraska
$5.07M +$344K +12,359 +7%
LFA
7
Legend Financial Advisors
Pennsylvania
$4.42M +$89.3K +3,214 +2%
Jane Street
8
Jane Street
New York
$3.1M +$2.91M +104,640 +1,301%
HI
9
Harbour Investments
Wisconsin
$2.88M +$143K +5,138 +5%
HighTower Advisors
10
HighTower Advisors
Illinois
$2.6M +$35.5K +1,276 +1%
GS
11
GTS Securities
New York
$1.78M +$1.8M +64,678 New
DAS
12
Diversify Advisory Services
Utah
$1.73M -$22.3K -801 -1%
Osaic Holdings
13
Osaic Holdings
Arizona
$1.71M +$7.09K +255 +0.4%
PA
14
PFG Advisors
Arizona
$1.36M +$131K +4,698 +10%
CAPTRUST Financial Advisors
15
CAPTRUST Financial Advisors
North Carolina
$1.21M +$1.61K +58 +0.1%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$963K -$26.2K -943 -3%
AssetMark Inc
17
AssetMark Inc
California
$798K -$25.9K -931 -3%
AI
18
Atria Investments
North Carolina
$779K -$48.3K -1,738 -6%
CM
19
Columbus Macro
Pennsylvania
$692K +$305K +10,972 +77%
DAS
20
Dynamic Advisor Solutions
Arizona
$413K +$114K +4,084 +37%
Morgan Stanley
21
Morgan Stanley
New York
$387K -$62K -2,232 -14%
Bank of America
22
Bank of America
North Carolina
$387K -$62.1K -2,234 -14%
Envestnet Portfolio Solutions
23
Envestnet Portfolio Solutions
Illinois
$370K +$68.7K +2,470 +23%
AWS
24
Atria Wealth Solutions
New York
$233K +$235K +8,446 New
Mercer Global Advisors
25
Mercer Global Advisors
Colorado
$225K -$445 -16 -0.2%

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.