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First Trust Alternative Absolute Return Strategy ETF

59 hedge funds and large institutions have $65.2M invested in First Trust Alternative Absolute Return Strategy ETF in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

429% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 7

22% more capital invested

Capital invested by funds: $53.6M → $65.2M (+$11.6M)

18% more funds holding

Funds holding: 5059 (+9)

3.2% less ownership

Funds ownership: 62.57%59.37% (-3.2%)

Holders
59
Holders Change
+9
Holders Change %
+18%
% of All Funds
1.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
37
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
26
Snowden Capital Advisors
New York
$432K +$36.6K +1,217 +9%
CAM
27
Concorde Asset Management
Michigan
$408K -$10.6K -352 -3%
AWM
28
AE Wealth Management
Kansas
$390K -$21K -696 -5%
WCFA
29
Walkner Condon Financial Advisors
Wisconsin
$381K +$2.14K +71 +0.6%
BFEC
30
Benjamin F. Edwards & Company
Missouri
$347K +$3.19K +106 +0.9%
SS
31
Simplicity Solutions
Minnesota
$340K -$6.8K -226 -2%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$337K +$69.7K +2,317 +26%
DADC
33
D.A. Davidson & Co
Montana
$332K +$105K +3,492 +47%
Cetera Investment Advisers
34
Cetera Investment Advisers
Illinois
$312K +$309K +10,264 New
IA
35
IFG Advisory
Georgia
$306K +$303K +10,082 New
TCA
36
Transcend Capital Advisors
New Jersey
$270K +$9.39K +312 +4%
RA
37
RFG Advisory
Alabama
$256K +$13.6K +453 +6%
FPWM
38
FSB Premier Wealth Management
Iowa
$253K +$2.44K +81 +1%
T
39
TRUADVICE
Florida
$239K +$19.3K +641 +9%
SCM
40
Southport Capital Management
Tennessee
$218K +$216K +7,187 New
HWM
41
Holloway Wealth Management
Florida
$210K
PAG
42
Private Advisor Group
New Jersey
$208K +$206K +6,839 New
SB
43
Strategic Blueprint
Georgia
$125K +$124K +4,109 New
BEI
44
Benjamin Edwards Inc
Missouri
$51K +$21.7K +720 +75%
TAM
45
Tucker Asset Management
Colorado
$48.8K +$18.8K +626 +64%
NFG
46
Next Financial Group
Texas
$47K +$1.63K +54 +4%
CWA
47
Clearview Wealth Advisors
Oregon
$46K
WP
48
WealthShield Partners
North Carolina
$43K +$18.4K +612 +75%
WWMSC
49
Wagner Wealth Management (South Carolina)
South Carolina
$39K +$28.6K +949 +277%
AF
50
Allworth Financial
California
$19K

FAAR Hedge Fund Activity: Q2 2021 in Review

59 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2021, worth a combined $65.2M — up 22% from $53.6M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FAAR positions and 2 closed out — a net gain of 9 holders — while 37 added to existing stakes and 7 trimmed.

The largest buyer was Flow Traders U.S., adding an estimated $1.65M. The largest seller was Ausdal Financial Partners, cutting an estimated $312K.

  • 59 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2021, up from 50 in Q1 2021.
  • Funds reported $65.2M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2021, up 22% quarter-over-quarter.
  • 11 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2021 and 2 closed out, a net change of +9 holders.
  • The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2021 was Flow Traders U.S., an estimated $1.65M added.
  • The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2021 was Ausdal Financial Partners, an estimated $312K sold.

Based on aggregated 13F filings for Q2 2021.