ALTSHARES TRUST
MERGER ARBITRAGE · CUSIP 02210T108
25
institutional holders
+0 vs Q3 2022
3.5m
shares reported held*
$90.1mreported value*
5 new
6 added
12 reduced
6 sold out
net sold ≈ $46.4k (-192.5k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $25.75.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 25 |
| Q4 2022 | 25 |
Biggest buyers
| Kapitalo Investimentos Ltda | New | +294.2k |
| Arlington Capital Management, Inc. | New | +176.1k |
| Privium Fund Management (UK) Ltd | New | +62.9k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Added | +20.3k |
| HighTower Advisors, LLC | Added | +16.0k |
| COMMONWEALTH EQUITY SERVICES, LLC | New | +12.4k |
| Kestra Advisory Services, LLC | Added | +1.4k |
| Avior Wealth Management, LLC | New | +1.2k |
| St. James Investment Advisors, LLC | Added | +645 |
| Quantitative Advantage, LLC | Added | +617 |
Biggest sellers
| CANTOR FITZGERALD, L. P. | Reduced | -318.7k |
| MIRABELLA FINANCIAL SERVICES LLP | Sold out | -198.1k |
| Allworth Financial LP | Reduced | -155.0k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -27.7k |
| CITADEL ADVISORS LLC | Sold out | -21.7k |
| JANE STREET GROUP, LLC | Sold out | -20.6k |
| Orion Portfolio Solutions, LLC | Reduced | -12.9k |
| PFG Advisors | Reduced | -4.1k |
| Columbus Macro, LLC | Reduced | -3.6k |
| OSAIC HOLDINGS, INC. | Reduced | -3.6k |
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| CANTOR FITZGERALD, L. P. 0.65% of their portfolio | 1.2m $30.4m | Reduced -318.7k |
| Allworth Financial LP 0.14% of their portfolio | 501.3k $12.9m | Reduced -155.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 377.6k $9.7m | Reduced -27.7k |
| Kapitalo Investimentos Ltda 5.83% of their portfolio | 294.2k $7.6m | New |
| Orion Portfolio Solutions, LLC 0.25% of their portfolio | 272.6k $7.0m | Reduced -12.9k |
| Arlington Capital Management, Inc. 5.07% of their portfolio | 176.1k $4.5m | New |
| Legend Financial Advisors, Inc. 3.20% of their portfolio | 142.0k $3.7m | Not comparable |
| HighTower Advisors, LLC 0.00% of their portfolio | 73.6k $1.9m | Added +16.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 72.3k $1.9m | Reduced -3.6k |
| Privium Fund Management (UK) Ltd 1.23% of their portfolio | 62.9k $1.6m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 55.6k $1.4m | Reduced -2.6k |
| Quantitative Advantage, LLC 0.19% of their portfolio | 47.9k $1.2m | Added +617 |
| Atria Investments, Inc 0.02% of their portfolio | 42.2k $1.1m | Reduced -546 |
| WORLD EQUITY GROUP, INC. 0.24% of their portfolio | 39.6k $1.0m | Reduced -659 |
| Cetera Investment Advisers 0.01% of their portfolio | 34.1k $879.3k | Reduced -3.4k |
| PFG Advisors 0.08% of their portfolio | 30.7k $790.8k | Reduced -4.1k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.04% of their portfolio | 20.3k $524.1k | Added +20.3k |
| Columbus Macro, LLC 0.18% of their portfolio | 18.0k $463.0k | Reduced -3.6k |
| NWAM LLC 0.03% of their portfolio | 15.3k $393.3k | Added +335 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 13.3k $343.0k | Reduced -1.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 12.4k $320.0k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 9.6k $246.0k | Added +1.4k |
| St. James Investment Advisors, LLC 0.12% of their portfolio | 2.6k $65.9k | Added +645 |
| Avior Wealth Management, LLC 0.00% of their portfolio | 1.2k $29.9k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 52 $1.3k | Unchanged |