ProShares Merger ETF
MRGR
13 hedge funds and large institutions have $5.44M invested in ProShares Merger ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.
7.03% more ownership
Funds ownership: 33.27% → 40.31% (+7%)
3% less capital invested
Capital invested by funds: $5.6M → $5.44M (-$158K)
7% less funds holding
Funds holding: 14 → 13 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$683K |
| 2 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$289K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$256K |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$129K |
| 5 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$5.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$604K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$390K |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$241K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$134K |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$38.2K |
MRGR Hedge Fund Activity: Q1 2023 in Review
13 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ProShares Merger ETF (MRGR) for Q1 2023, worth a combined $5.44M — down 2.8% from $5.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MRGR and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, adding an estimated $683K. The largest seller was Jane Street, exiting entirely with an estimated $604K sold.
- 13 institutional investors held ProShares Merger ETF (MRGR) as of Q1 2023, down from 14 in Q4 2022.
- Funds reported $5.44M of ProShares Merger ETF stock for Q1 2023, down 2.8% quarter-over-quarter.
- 2 funds opened new ProShares Merger ETF positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest ProShares Merger ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $683K added.
- The largest ProShares Merger ETF seller in Q1 2023 was Jane Street, an estimated $604K sold.
Based on aggregated 13F filings for Q1 2023.