ALTSHARES TRUST

Ticker: ARB CUSIP: 02210T108 Class: MERGER ARBITRAGE

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
CANTOR FITZGERALD INVESTMENT ADVISORS L.P.589,523$17,137
NEW YORK LIFE INVESTMENT MANAGEMENT LLC371,772$10,807
LongView Asset Management LLC356,455$10,362
ASSETMARK, INC267,701$7,782
ENVESTNET ASSET MANAGEMENT INC231,895$6,741
Brinker Capital Investments, LLC185,153$5,382
Legend Financial Advisors, Inc.179,800$5,227
HighTower Advisors, LLC130,375$3,790
Diversify Advisory Services, LLC113,427$3,295
PFG Advisors113,051$3,286
RAYMOND JAMES FINANCIAL INC100,819$2,931
Dynamic Advisor Solutions LLC64,297$1,869
OSAIC HOLDINGS, INC.57,831$1,681
Steward Partners Investment Advisory, LLC57,187$1,662
Advisory Services Network, LLC56,859$1,653
Sonoma Allocations LLC53,294$1,548
Cetera Investment Advisers49,591$1,442
GTS SECURITIES LLC43,634$1,268
CAPTRUST FINANCIAL ADVISORS36,409$1,058
Columbus Macro, LLC29,353$853
MORGAN STANLEY28,822$838
BANK OF AMERICA CORP /DE/28,509$829
LPL Financial LLC19,704$573
PROSPERITY BANCSHARES INC9,029$262
ROYAL BANK OF CANADA3,989$116
Allworth Financial LP2,748$80
Kestra Advisory Services, LLC1,709$50
PRIVATE TRUST CO NA1,135$33
HARBOUR INVESTMENTS, INC.1,010$29
IFP Advisors, Inc6$0
Total (30 institutions)3,185,087$92,587