ProShares Merger ETF
MRGR
7 hedge funds and large institutions have $45.7M invested in ProShares Merger ETF in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
12% more capital invested
Capital invested by funds: $40.9M → $45.7M (+$4.89M)
0.05% less ownership
Funds ownership: 91% → 90.95% (-0.05%)
30% less funds holding
Funds holding: 10 → 7 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$4.33M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$772K |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
+$250K |
| 4 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$217K |
| 5 |
TWA
TCI Wealth Advisors
Tucson,
Arizona
|
+$5.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$446K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$213K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$73K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$27K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
1
Gradient Investments
Arden Hills,
Minnesota
| $41.3M | +$4.33M | +106,218 | +12% |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $2.22M | +$772K | +18,921 | +53% |
|
|
3
ProShare Advisors
Bethesda,
Maryland
| $1.38M | +$250K | +6,139 | +22% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $437K | -$213K | -5,212 | -33% |
|
|
TF
5
Trek Financial
Scottsdale,
Arizona
| $217K | +$217K | +5,315 | New |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $181K | -$4.53K | -111 | -2% |
|
|
TWA
7
TCI Wealth Advisors
Tucson,
Arizona
| $5K | +$5.22K | +128 | New |
|
|
8
Jane Street
New York
| – | -$446K | -10,938 | Closed |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$73K | -1,798 | Closed |
|
|
ASN
10
Advisory Services Network
Atlanta,
Georgia
| – | -$27K | -666 | Closed |
|
|
11
Wells Fargo
San Francisco,
California
| – | -$12K | -283 | Closed |
|
MRGR Hedge Fund Activity: Q3 2021 in Review
7 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in ProShares Merger ETF (MRGR) for Q3 2021, worth a combined $45.7M — up 12% from $40.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MRGR and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Gradient Investments, adding an estimated $4.33M. The largest seller was Jane Street, exiting entirely with an estimated $446K sold.
- 7 institutional investors held ProShares Merger ETF (MRGR) as of Q3 2021, down from 10 in Q2 2021.
- Funds reported $45.7M of ProShares Merger ETF stock for Q3 2021, up 12% quarter-over-quarter.
- 2 funds opened new ProShares Merger ETF positions in Q3 2021 and 5 closed out, a net change of -3 holders.
- The largest ProShares Merger ETF buyer in Q3 2021 was Gradient Investments, an estimated $4.33M added.
- The largest ProShares Merger ETF seller in Q3 2021 was Jane Street, an estimated $446K sold.
Based on aggregated 13F filings for Q3 2021.