ProShares Merger ETF
MRGR
7 hedge funds and large institutions have $4.97M invested in ProShares Merger ETF in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
29% more capital invested
Capital invested by funds: $3.86M → $4.97M (+$1.1M)
3.01% less ownership
Funds ownership: 77.64% → 74.63% (-3%)
30% less funds holding
Funds holding: 10 → 7 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$1.04M |
| 2 |
Jane Street
New York
|
+$536K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$484K |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$665K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$223K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$146K |
| 4 |
EH
Equitable Holdings
New York
|
-$64.7K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$23.4K |
MRGR Hedge Fund Activity: Q1 2020 in Review
7 of the 4,480 institutional investors tracked by Wall St. Rank reported a position in ProShares Merger ETF (MRGR) for Q1 2020, worth a combined $4.97M — up 29% from $3.86M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MRGR and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $1.04M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $665K sold.
- 7 institutional investors held ProShares Merger ETF (MRGR) as of Q1 2020, down from 10 in Q4 2019.
- Funds reported $4.97M of ProShares Merger ETF stock for Q1 2020, up 29% quarter-over-quarter.
- 2 funds opened new ProShares Merger ETF positions in Q1 2020 and 4 closed out, a net change of -2 holders.
- The largest ProShares Merger ETF buyer in Q1 2020 was HighTower Advisors, an estimated $1.04M added.
- The largest ProShares Merger ETF seller in Q1 2020 was Susquehanna International Group, an estimated $665K sold.
Based on aggregated 13F filings for Q1 2020.