Who Owns AltShares Merger Arbitrage ETF (ARB)?Hedge Fund & Institutional Holders

$29.12-0.04 (-0.14%)Financial ServicesNYSE_ARCA

Institutional Holders

34

as of Q4 2025

Total Institutional Value

$1.7137000103620008e+121T

% of Float Held

QoQ Change in Holders

+10 / -3

Price History

$27.27$27.78$28.29$28.80$29.31Sep 24Jun 25Mar 26

ARB — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
CANTOR FITZGERALD INVESTMENT ADVISORS L.P.New Position+590K+$17.1B
ASSETMARK, INCIncreased+246K+$7.2B
Legend Financial Advisors, Inc.New Position+180K+$5.2B
Sonoma Allocations LLCNew Position+53K+$1.5B
PFG AdvisorsIncreased+30K+$889.5M
LongView Asset Management LLCIncreased+15K+$465.6M
PRIVATE TRUST CO NANew Position+1K+$32.0M
ENVESTNET ASSET MANAGEMENT INCNew Position+232K+$6.0M
GTS SECURITIES LLCNew Position+44K+$1.0M
Columbus Macro, LLCNew Position+29K+$853K
PROSPERITY BANCSHARES INCNew Position+9K+$262K
Diversify Advisory Services, LLCIncreased+2K+$72K
IFP Advisors, IncNew Position+6+$0
Kestra Advisory Services, LLCNew Position+2K+$0
BANK OF AMERICA CORP /DE/Increased+8K+$-601K

ARB — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
RAYMOND JAMES FINANCIAL INCDecreased-11K-$1.2B
CAPTRUST FINANCIAL ADVISORSDecreased-2K-$1.1B
OSAIC HOLDINGS, INC.Decreased-4K-$791.1M
World Investment AdvisorsClosed Position-11K-$324.0M
Allworth Financial LPDecreased-340-$89.4M
HARBOUR INVESTMENTS, INC.Decreased-86-$31.7M
Advisors Preferred, LLCClosed Position-9K-$258K
UBS Group AGClosed Position-8-$232K

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1CANTOR FITZGERALD INVESTMENT ADVISORS L.P.589,523$17.1B1.27%Share
2LongView Asset Management LLC356,455$10.4B7.23%Share
3ASSETMARK, INC267,701$7.8B15.87%Share
4Legend Financial Advisors, Inc.179,800$5.2B3.16%Share
5Orion Porfolio Solutions, LLC185,153$5.0B36.67%Share
6PFG Advisors113,051$3.3B0.16%Share
7RAYMOND JAMES FINANCIAL INC98,062$2.0B0.62%Share
8Sonoma Allocations LLC53,294$1.5B0.51%Share
9OSAIC HOLDINGS, INC.57,831$1.0B1.46%Share
10Steward Partners Investment Advisory, LLC57,187$1.0B5.48%Share
11PRIVATE TRUST CO NA1,135$32.0M0.00%Share
12NEW YORK LIFE INVESTMENT MANAGEMENT LLC371,772$10.0M0.09%Share
13ENVESTNET ASSET MANAGEMENT INC231,895$6.0M0.00%Share
14Diversify Advisory Services, LLC113,427$3.3M0.10%Share
15HighTower Advisors, LLC130,375$3.0M0.00%Share
16Dynamic Advisor Solutions LLC64,297$1.9M0.06%Share
17GTS SECURITIES LLC43,634$1.0M0.03%Share
18Cetera Investment Advisers49,591$1.0M0.00%Share
19CAPTRUST FINANCIAL ADVISORS36,409$1.0M0.00%Share
20Columbus Macro, LLC29,353$853K0.09%Share
21PROSPERITY BANCSHARES INC9,029$262K0.24%Share
22Allworth Financial LP2,748$79K0.00%Share
23HARBOUR INVESTMENTS, INC.1,010$29K0.00%Share
24Advisory Services Network, LLC56,859$1K0.00%Share
25ROYAL BANK OF CANADA1,524$00.00%Share
26ROYAL BANK OF CANADA2,465$00.00%Share
27MORGAN STANLEY2$00.00%Share
28MORGAN STANLEY311$00.00%Share
29RAYMOND JAMES FINANCIAL INC2,757$00.00%Share
30BANK OF AMERICA CORP /DE/28,509$00.00%Share
31LPL Financial LLC19,704$00.00%Share
32Kestra Advisory Services, LLC1,709$00.00%Share
33MORGAN STANLEY28,509$00.00%Share
34IFP Advisors, Inc6$00.00%Share

ARB Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202530$54.4B+7
Q3 202523$45.4B-11
Q2 202534$68.2B+3
Q1 202531$66.8B+1
Q4 202430$2.4T+1
Q3 202429$11.4T+1
Q2 202428$16.3T+5
Q1 202423$9.7T

Similar Stocks by Institutional Ownership

As of Q4 2025, 34 institutional investors hold ARB (AltShares Merger Arbitrage ETF). The largest holder is CANTOR FITZGERALD INVESTMENT ADVISORS L.P. with $17.1B in shares. This quarter, 10 institutions opened new positions and 3 closed their positions.

Frequently Asked Questions

How many hedge funds own ARB?

As of Q4 2025, 34 institutional investors report holding ARB (AltShares Merger Arbitrage ETF) in their 13F filings.

Who is the largest institutional holder of ARB?

The largest institutional holder of ARB is CANTOR FITZGERALD INVESTMENT ADVISORS L.P. with $17.1B in shares.

Is institutional ownership of ARB increasing or decreasing?

This quarter, 10 institutions opened new positions in ARB and 3 closed their positions.