ProShares Merger ETF
MRGR
11 hedge funds and large institutions have $6.79M invested in ProShares Merger ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0.62% less ownership
Funds ownership: 62.74% → 62.12% (-0.62%)
8% less funds holding
Funds holding: 12 → 11 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
22% less capital invested
Capital invested by funds: $8.71M → $6.79M (-$1.92M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAG
SageView Advisory Group
Newport Beach,
California
|
+$692K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$556K |
| 3 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$185K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$180K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.59M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$665K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$268K |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$254K |
| 5 |
Jane Street
New York
|
-$251K |
MRGR Hedge Fund Activity: Q4 2023 in Review
11 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in ProShares Merger ETF (MRGR) for Q4 2023, worth a combined $6.79M — down 22% from $8.71M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MRGR and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was SageView Advisory Group, opening a new position worth an estimated $692K. The largest seller was HighTower Advisors, exiting entirely with an estimated $1.59M sold.
- 11 institutional investors held ProShares Merger ETF (MRGR) as of Q4 2023, down from 12 in Q3 2023.
- Funds reported $6.79M of ProShares Merger ETF stock for Q4 2023, down 22% quarter-over-quarter.
- 4 funds opened new ProShares Merger ETF positions in Q4 2023 and 5 closed out, a net change of -1 holder.
- The largest ProShares Merger ETF buyer in Q4 2023 was SageView Advisory Group, an estimated $692K added.
- The largest ProShares Merger ETF seller in Q4 2023 was HighTower Advisors, an estimated $1.59M sold.
Based on aggregated 13F filings for Q4 2023.