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AltShares Merger Arbitrage (ARB) ETF Holdings & Analysis
ETFOther
What ARB does
ARB is the first ETF by AltShares Trust and the first merger arbitrage fund that hedges foreign currency exposure. The fund is passively managed to invest in a developed market index of all-cap equities, focused on publicly-announced stock-for-stock mergers or acquisitions. The fund takes long positions on 30-50 takeover targets, while shorting the acquiring firms to hedge the acquirers stock price decline. The index rebalances and reconstitutes twice a month. ARB hedges its FX risks against the USD using forward currency or futures contracts. The fund may also hold positions in cash when the number of takeover targets are not met or when deals are consummated.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| Warner Bros Discovery, Inc. | 3.79% | |
| Exact Sciences Corp. | 3.01% | |
| JDE Peet's NV | 2.92% | |
| Hologic, Inc. | 2.83% | |
| Clearwater Analytics Holdings, Inc., Class A | 2.83% | |
| Masimo Corp. | 2.82% | |
| Electronic Arts, Inc. | 2.82% | |
| Chart Industries, Inc. | 2.82% | |
| Confluent, Inc., Class A | 2.81% | |
| Norfolk Southern Corp. | 2.79% |
Sector allocation
| Basic Materials | 3.34% |
| Cash & Others | 0.00% |
| Communication Services | 10.90% |
| Consumer Cyclical | 2.50% |
| Consumer Defensive | 1.21% |
| Energy | 0.91% |
| Financial Services | 21.34% |
| Healthcare | 18.83% |
| Industrials | 15.29% |
| Real Estate | 5.18% |
| Technology | 12.16% |
Geographic allocation
| United States | 59.04% |
| Italy | 1.30% |
| Other | 23.70% |
| Netherlands | 2.92% |
| Canada | 6.31% |
| United Kingdom | 3.98% |
| Jersey | 1.52% |
| Denmark | 0.52% |
| France | 0.71% |
PortView Portfolio Insights
PortView analyzes how ARB fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze ARB in PortView →Related securities
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Frequently asked questions
- What does ARB track?
- ARB is the AltShares Merger Arbitrage ETF, a Other ETF.
- What is the expense ratio of ARB?
- Expense ratio data for ARB is shown on the page when available from our data provider.
- What are the largest holdings in ARB?
- Top holdings include Warner Bros Discovery, Inc., EXAS, JDEP.AS, HOLX, CWAN.
- How can PortView analyze ARB overlap with other ETFs?
- PortView computes the holdings overlap between ARB and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.