First Trust Merger Arbitrage ETF
MARB • ARCA
First Trust Merger Arbitrage ETF is an exchange-traded fund on ARCA. As of Q3 2025, 33 institutional investors hold shares in this ETF, with total holdings valued at $25.9M. LPL Financial LLC is the largest holder with a position valued at $5.3M.
Overview
Overview of institutional ownership in MARB as of Q3 2025
All Institutions
- Institutions
- 33
- Value Held
- $25.9M
- Shares Held
- 1.3M
- Avg Position
- $783.9K
- Median Position
- $352.2K
Hedge Funds
- Hedge Funds
- 1
- Value Held
- $832.3K
- Shares Held
- 41.0K
- Avg Position
- $832.3K
- Median Position
- $832.3K
Biggest Investors
Institutions with the largest positions in MARB as of Q3 2025
| Institution | Position Value |
|---|---|
L LPL Financial LLC Institution | $5.3M 0.00% of portfolio |
O Owen LaRue, LLC Institution | $4.5M 1.86% of portfolio |
C Coppell Advisory Solutions LLC RIA/Wealth | $1.8M 0.21% of portfolio |
B BCGM Wealth Management, LLC Institution | $1.4M 0.36% of portfolio |
 Frederick Financial Consultants, LLC RIA/Wealth | $1.4M 0.76% of portfolio |
 FIRST TRUST ADVISORS LP ETF Provider | $1.3M 0.00% of portfolio |
 GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | $1.3M 0.00% of portfolio |
 Stratos Wealth Advisors, LLC RIA/Wealth | $944.6K 0.05% of portfolio |
 Clear Harbor Asset Management, LLC RIA/Wealth | $934.1K 0.07% of portfolio |
 Financial Advisory Service, Inc. RIA/Wealth | $879.5K 0.06% of portfolio |
Net Capital Flow
Institutional buying and selling activity for MARB in Q3 2025
- Traded
- −$670.9K
- Buyers
- 13
- Sellers
- 24
- Total Bought
- +$2.5M
- Total Sold
- −$3.2M
- Avg Position
- $663.3K
Biggest Buyers
| Institution | Net Bought |
|---|---|
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$832.3K +41.0K shares |
L LPL Financial LLC Institution | +$784.5K +38.6K shares |
 WORLD EQUITY GROUP, INC. RIA/Wealth | +$298.0K +14.7K shares |
 RFG Advisory Group, LLC RIA/Wealth | +$175.7K +8.7K shares |
 AE Wealth Management LLC RIA/Wealth | +$107.4K +5.3K shares |
B BCGM Wealth Management, LLC Institution | +$85.1K +4.2K shares |
A Atlantic Trust Group, LLC Institution | +$85.0K +4.2K shares |
Clear Harbor Asset Management, LLC RIA/Wealth | +$65.2K +3.2K shares |
 Cetera Investment Advisers RIA/Wealth | +$43.1K +2.1K shares |
P PRIVATE TRUST CO NA Institution | +$41.5K +2.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 Simplicity Wealth,LLC RIA/Wealth | −$717.4K −35.3K shares |
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | −$586.8K −28.9K shares |
C Coppell Advisory Solutions LLC RIA/Wealth | −$442.9K −21.8K shares |
 GeoWealth Management, LLC RIA/Wealth | −$229.7K −11.2K shares |
 Change Path, LLC RIA/Wealth | −$210.2K −10.4K shares |
T TFB Advisors LLC RIA/Wealth | −$206.8K −10.1K shares |
FIRST TRUST ADVISORS LP ETF Provider | −$202.7K −10.0K shares |
O Owen LaRue, LLC Institution | −$170.3K −8.4K shares |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | −$97.7K −4.8K shares |
Financial Advisory Service, Inc. RIA/Wealth | −$69.0K −3.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited MARB in Q3 2025
- New Positions
- 3
- New Value
- $424.4K
- Exited Positions
- 6
- Exited Value
- $462.5K
New Positions
| Institution | Position Value |
|---|---|
WORLD EQUITY GROUP, INC. RIA/Wealth | $298.0K 14.7K shares |
A Atlantic Trust Group, LLC Institution | $85.0K 4.2K shares |
P PRIVATE TRUST CO NA Institution | $41.5K 2.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
GeoWealth Management, LLC RIA/Wealth | $229.7K 11.2K shares |
T TFB Advisors LLC RIA/Wealth | $206.8K 10.1K shares |
 Quaker Wealth Management, LLC RIA/Wealth | $14.6K 713.0 shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $11.1K 544.0 shares |
 WELLS FARGO & COMPANY/MN Institution | $286.0 14.0 shares |
 Ameritas Advisory Services, LLC RIA/Wealth | $41.0 2.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in MARB as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with MARB as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
O Owen LaRue, LLC Institution | 1.86% $4.5M |
Frederick Financial Consultants, LLC RIA/Wealth | 0.76% $1.4M |
B BCGM Wealth Management, LLC Institution | 0.36% $1.4M |
C Coppell Advisory Solutions LLC RIA/Wealth | 0.21% $1.8M |
 Holistic Financial Partners RIA/Wealth | 0.12% $284.2K |
WORLD EQUITY GROUP, INC. RIA/Wealth | 0.07% $298.0K |
Clear Harbor Asset Management, LLC RIA/Wealth | 0.07% $934.1K |
Financial Advisory Service, Inc. RIA/Wealth | 0.06% $879.5K |
Stratos Wealth Advisors, LLC RIA/Wealth | 0.05% $944.6K |
 Vivaldi Capital Management, LLC RIA/Wealth | 0.04% $315.0K |
Hedge Fund Spotlight
Discover hedge funds investing in MARB
CITADEL ADVISORS LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerKenneth Cordele Griffin
- Portfolio Value
- $122.08B
- Positions
- 5,531
- Last Reported
- Q3 2025
Sector Allocation
Position in First Trust Merger Arbitrage ETF
- Market Value
- $832.3K
- Shares Held
- 41.0K
- Portfolio Weight
- 0.00%
- Owned Since
- 2023-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $2.1B | 1.68% | |
Semiconductors Technology | $1.8B | 1.50% | |
Internet Content & Information Communication Services | $1.4B | 1.18% |
