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First Trust Alternative Absolute Return Strategy ETF

26 hedge funds and large institutions have $13.7M invested in First Trust Alternative Absolute Return Strategy ETF in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 3

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

38% more capital invested

Capital invested by funds: $9.93M → $13.7M (+$3.74M)

13% more funds holding

Funds holding: 2326 (+3)

2.38% less ownership

Funds ownership: 53.59%51.21% (-2.4%)

Holders
26
Holders Change
+3
Holders Change %
+13.04%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
12
Reduced
3
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIAS
26
Capital Investment Advisory Services
North Carolina
$2K
VF
27
Virtu Financial
New York
-$692K -26,163 Closed
AIC
28
Ameritas Investment Company
Nebraska
-$51K -1,925 Closed
MOS
29
MGO One Seven
Ohio
-$20K -765 Closed
NFG
30
Next Financial Group
Texas
-$2K -80 Closed
TRCT
31
Tower Research Capital (TRC)
New York
-$2K -74 Closed

FAAR Hedge Fund Activity: Q1 2019 in Review

26 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q1 2019, worth a combined $13.7M — up 38% from $9.93M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FAAR positions and 5 closed out — a net gain of 4 holders — while 12 added to existing stakes and 3 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.26M. The largest seller was Virtu Financial, exiting entirely with an estimated $692K sold.

  • 26 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q1 2019, up from 23 in Q4 2018.
  • Funds reported $13.7M of First Trust Alternative Absolute Return Strategy ETF stock for Q1 2019, up 38% quarter-over-quarter.
  • 9 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q1 2019 and 5 closed out, a net change of +4 holders.
  • The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q1 2019 was LPL Financial, an estimated $1.26M added.
  • The largest First Trust Alternative Absolute Return Strategy ETF seller in Q1 2019 was Virtu Financial, an estimated $692K sold.

Based on aggregated 13F filings for Q1 2019.