First Trust Alternative Absolute Return Strategy ETF
FAAR
26 hedge funds and large institutions have $13.1M invested in First Trust Alternative Absolute Return Strategy ETF in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 11 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
19% less funds holding
Funds holding: 32 → 26 (-6)
23.75% less ownership
Funds ownership: 74.36% → 50.6% (-24%)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
62% less capital invested
Capital invested by funds: $34.1M → $13.1M (-$21M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$711K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$479K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$276K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$255K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Faithward Advisors
Lancaster,
Pennsylvania
|
-$18.1M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$902K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$826K |
| 4 |
AT
Arden Trust
Wilmington,
Delaware
|
-$747K |
| 5 |
Jane Street
New York
|
-$562K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $2K | +$811 | +31 | +84% |
|
|
SS
27
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$902K | -34,457 | Closed |
|
|
AT
28
Arden Trust
Wilmington,
Delaware
| – | -$747K | -28,528 | Closed |
|
|
29
Jane Street
New York
| – | -$562K | -21,446 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$426K | -16,283 | Closed |
|
|
FAAS
31
First Allied Advisory Services
San Diego,
California
| – | -$225K | -8,573 | Closed |
|
|
VF
32
Virtu Financial
New York
| – | -$210K | -8,020 | Closed |
|
|
FAIM
33
Financial Advocates Investment Management
Olympia,
Washington
| – | -$206K | -7,880 | Closed |
|
|
APA
34
American Portfolios Advisors
Holbrook,
New York
| – | -$142K | -5,413 | Closed |
|
|
AIC
35
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$5K | -183 | Closed |
|
|
FGAM
36
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$3K | -132 | Closed |
|
|
CIAS
37
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$2K | -62 | Closed |
|
FAAR Hedge Fund Activity: Q4 2019 in Review
26 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2019, worth a combined $13.1M — down 62% from $34.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FAAR and 5 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $711K. The largest seller was Faithward Advisors, cutting an estimated $18.1M.
- 26 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $13.1M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2019, down 62% quarter-over-quarter.
- 5 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2019 and 11 closed out, a net change of -6 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2019 was Ladenburg Thalmann Financial Services, an estimated $711K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2019 was Faithward Advisors, an estimated $18.1M sold.
Based on aggregated 13F filings for Q4 2019.