ProShares Merger ETF
MRGR
7 hedge funds and large institutions have $36.3M invested in ProShares Merger ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
495% more capital invested
Capital invested by funds: $6.1M → $36.3M (+$30.2M)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
14.99% more ownership
Funds ownership: 78.18% → 93.17% (+15%)
13% less funds holding
Funds holding: 8 → 7 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$32.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$509K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$22.7K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$5K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$2.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.88M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$345K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$258K |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$155K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
1
Gradient Investments
Arden Hills,
Minnesota
| $32.3M | +$32.2M | +811,482 | New |
|
|
2
ProShare Advisors
Bethesda,
Maryland
| $1.73M | -$155K | -3,899 | -8% |
|
|
3
HighTower Advisors
Chicago,
Illinois
| $1.37M | +$2.9K | +73 | +0.2% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $702K | +$509K | +12,833 | +266% |
|
|
5
Osaic Holdings
Scottsdale,
Arizona
| $216K | +$5K | +126 | +2% |
|
|
6
Wells Fargo
San Francisco,
California
| $23K | +$22.7K | +573 | New |
|
|
7
Jane Street
New York
| – | -$1.88M | -48,279 | Closed |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$345K | -8,845 | Closed |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$258K | -6,606 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$28K | -728 | Closed |
|
11
Fidelity Investments
Boston,
Massachusetts
| – | +$40 | +1 | New |
|
MRGR Hedge Fund Activity: Q1 2021 in Review
7 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ProShares Merger ETF (MRGR) for Q1 2021, worth a combined $36.3M — up 495% from $6.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MRGR and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Gradient Investments, opening a new position worth an estimated $32.2M. The largest seller was Jane Street, exiting entirely with an estimated $1.88M sold.
- 7 institutional investors held ProShares Merger ETF (MRGR) as of Q1 2021, down from 8 in Q4 2020.
- Funds reported $36.3M of ProShares Merger ETF stock for Q1 2021, up 495% quarter-over-quarter.
- 3 funds opened new ProShares Merger ETF positions in Q1 2021 and 4 closed out, a net change of -1 holder.
- The largest ProShares Merger ETF buyer in Q1 2021 was Gradient Investments, an estimated $32.2M added.
- The largest ProShares Merger ETF seller in Q1 2021 was Jane Street, an estimated $1.88M sold.
Based on aggregated 13F filings for Q1 2021.