Return Stacked Bonds & Merger Arbitrage ETF
RSBA
5 hedge funds and large institutions have $13M invested in Return Stacked Bonds & Merger Arbitrage ETF in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
296% more capital invested
Capital invested by funds: $3.28M → $13M (+$9.71M)
150% more funds holding
Funds holding: 2 → 5 (+3)
31.87% more ownership
Funds ownership: 38.11% → 69.97% (+32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$4.45M |
| 2 |
NWM
Napa Wealth Management
Napa,
California
|
+$2.59M |
| 3 |
CL
CLG LLC
Long Beach,
California
|
+$2.53M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$277K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAP
1
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $4.53M | +$4.45M | +219,674 | New |
|
|
MG
2
Marex Group
London,
| $3.09M | – | – | – |
|
|
NWM
3
Napa Wealth Management
Napa,
California
| $2.64M | +$2.59M | +127,845 | New |
|
|
CL
4
CLG LLC
Long Beach,
California
| $2.58M | +$2.53M | +124,948 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $150K | +$148K | +7,291 | New |
|
|
6
Jane Street
New York
| – | -$277K | -13,852 | Closed |
|
RSBA Hedge Fund Activity: Q1 2025 in Review
5 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Return Stacked Bonds & Merger Arbitrage ETF (RSBA) for Q1 2025, worth a combined $13M — up 296% from $3.28M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RSBA positions and 1 closed out — a net gain of 3 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Wealthcare Advisory Partners, opening a new position worth an estimated $4.45M. The largest seller was Jane Street, exiting entirely with an estimated $277K sold.
- 5 institutional investors held Return Stacked Bonds & Merger Arbitrage ETF (RSBA) as of Q1 2025, up from 2 in Q4 2024.
- Funds reported $13M of Return Stacked Bonds & Merger Arbitrage ETF stock for Q1 2025, up 296% quarter-over-quarter.
- 4 funds opened new Return Stacked Bonds & Merger Arbitrage ETF positions in Q1 2025 and 1 closed out, a net change of +3 holders.
- The largest Return Stacked Bonds & Merger Arbitrage ETF buyer in Q1 2025 was Wealthcare Advisory Partners, an estimated $4.45M added.
- The largest Return Stacked Bonds & Merger Arbitrage ETF seller in Q1 2025 was Jane Street, an estimated $277K sold.
Based on aggregated 13F filings for Q1 2025.