First Trust Alternative Absolute Return Strategy ETF
FAAR
26 hedge funds and large institutions have $14.3M invested in First Trust Alternative Absolute Return Strategy ETF in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more capital invested
Capital invested by funds: $13.7M → $14.3M (+$660K)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
18.61% less ownership
Funds ownership: 51.21% → 32.6% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$995K |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$857K |
| 3 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$431K |
| 4 |
LPL Financial
San Diego,
California
|
+$263K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$479K |
| 2 |
AT
Arden Trust
Wilmington,
Delaware
|
-$471K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$261K |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$96K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$53.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIAS
26
Capital Investment Advisory Services
Raleigh,
North Carolina
| $2K | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$261K | -9,755 | Closed |
|
|
PGA
28
Premia Global Advisors
Coral Gables,
Florida
| – | -$96K | -3,631 | Closed |
|
FAAR Hedge Fund Activity: Q2 2019 in Review
26 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2019, worth a combined $14.3M — up 4.8% from $13.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAAR positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $995K. The largest seller was Jane Street, cutting an estimated $479K.
- 26 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $14.3M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2019, up 4.8% quarter-over-quarter.
- 3 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2019 and 2 closed out, a net change of +1 holder.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2019 was Envestnet Asset Management, an estimated $995K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2019 was Jane Street, an estimated $479K sold.
Based on aggregated 13F filings for Q2 2019.