First Trust Alternative Absolute Return Strategy ETF
FAAR
41 hedge funds and large institutions have $44.1M invested in First Trust Alternative Absolute Return Strategy ETF in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
32% more capital invested
Capital invested by funds: $33.4M → $44.1M (+$10.7M)
24% more funds holding
Funds holding: 33 → 41 (+8)
7.35% more ownership
Funds ownership: 69.64% → 76.99% (+7.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$1.57M |
| 2 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$1.45M |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$1.1M |
| 4 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$933K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$637K |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$509K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$175K |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$85.8K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$27K |
FAAR Hedge Fund Activity: Q4 2020 in Review
41 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2020, worth a combined $44.1M — up 32% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FAAR positions and 3 closed out — a net gain of 10 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Ausdal Financial Partners, opening a new position worth an estimated $1.57M. The largest seller was HRT Financial, exiting entirely with an estimated $637K sold.
- 41 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2020, up from 33 in Q3 2020.
- Funds reported $44.1M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2020, up 32% quarter-over-quarter.
- 13 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2020 and 3 closed out, a net change of +10 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2020 was Ausdal Financial Partners, an estimated $1.57M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2020 was HRT Financial, an estimated $637K sold.
Based on aggregated 13F filings for Q4 2020.