Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ALTSHARES TRUST (ARB)

32 + Investors. Track Smart Money conviction in ARB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
61%

Smart Money Signals — ARB

Based on 32 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ARB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 89% of 3.0Y peak

89% of all-time peak
32 funds currently hold this stock — 89% of the 3.0-year high of 36 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ARB is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 61% buying

22 buying14 selling
Last quarter: 22 funds were net buyers (6 opened a brand new position + 16 added to an existing one). Only 14 were sellers (10 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 2 → 4 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 19% medium ■ 22% new
19 out of 32 hedge funds have held ARB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~6 new funds/quarter

3 → 7 → 2 → 4 → 6 new funds/Q
New funds entering each quarter: 7 → 2 → 4 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 12% 1-2yr ■ 25% new
Of 32 current holders: 20 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
7 of 32 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ARB

In 2026 Q1, 22 hedge funds were net buyers of ARB (6 opened a new position, 16 added to an existing one), while 14 reduced or exited (10 trimmed, 4 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 32.

Hedge Fund Ownership: ARB

How many hedge funds hold ARB — quarterly history vs. share price
Quarterly hedge fund ownership of ARB vs. share price

Market Analysis: ARB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ARB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy ALTSHARES TRUST (ARB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ARB has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 54d ago
ARB
+0.8%
SPY
+14.7%

ARB outperformed SPY by -13.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 9d ago
ARB
+0.2%
SPY
+0.9%

Since the filing became public, ARB outperformed SPY by -0.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: ARB
32 + Investors

Track Smart Money conviction in ARB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 32 30 6.67%
13F Shares 3M 3M 1.69%
Total Value $95M $93M 2.6%
New Positions 6 4 +2
Increased Positions 16 18 -2
Closed Positions 4 4 -
Reduced Positions 10 7 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ARB

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

32 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ARB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of ARB — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Legend Financial Advisors, Inc. 3.54% 187,349 $5.5M
2 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.34% 620,886 $18.2M
3 Sonoma Allocations LLC 0.61% 59,700 $1.8M
4 PFG Advisors 0.12% 87,164 $2.6M
5 Columbus Macro, LLC 0.10% 32,505 $953K
6 NEW YORK LIFE INVESTMENT MANAGEMENT LLC 0.09% 358,701 $10.5M
7 DIVERSIFY WEALTH MANAGEMENT, LLC 0.07% 127,859 $3.8M
8 Dynamic Advisor Solutions LLC 0.07% 71,685 $2.1M
9 PROSPERITY BANCSHARES INC 0.06% 2,695 $79K
10 EP Wealth Advisors, LLC 0.06% 395,986 $11.6M
11 Orion Porfolio Solutions, LLC 0.04% 163,051 $4.8M
12 Advisory Services Network, LLC 0.02% 63,586 $1.9M
13 GTS SECURITIES LLC 0.02% 15,628 $458K
14 Steward Partners Investment Advisory, LLC 0.01% 64,266 $1.9M
15 Apollon Wealth Management, LLC 0.01% 18,711 $549K
16 HighTower Advisors, LLC 0.00% 141,307 $4.1M
17 PRIVATE TRUST CO NA 0.00% 1,194 $35K
18 OSAIC HOLDINGS, INC. 0.00% 58,867 $1.7M
19 ENVESTNET ASSET MANAGEMENT INC 0.00% 244,552 $7.2M
20 CAPTRUST FINANCIAL ADVISORS 0.00% 34,562 $1.0M
21 Cetera Investment Advisers 0.00% 53,975 $1.6M
22 ASSETMARK, INC 0.00% 21,042 $617K
23 CITADEL ADVISORS LLC 0.00% 223,598 $6.6M
24 RAYMOND JAMES FINANCIAL INC 0.00% 75,911 $2.2M
25 True Wealth Design, LLC 0.00% 54 $2K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ALTSHARES TRUST (ARB)

What does the Smart Money Trend signal show for ARB?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ARB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ARB?

More buyers than sellers — 61% buying: Last quarter: 22 funds were net buyers (6 opened a brand new position + 16 added to an existing one). Only 14 were sellers (10 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ARB holders?

Smaller funds dominant — 18% AUM from top-100: 7 of 32 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ARB?

59% of holders stayed for 2+ years: 19 out of 32 hedge funds have held ARB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy ALTSHARES TRUST (ARB) following the 2026 Q1 hedge fund 13F filings?

As of today, ARB has moved +0.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.9% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (March 31, 2026), ARB has gained +0.8% vs +14.7% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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