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First Trust Alternative Absolute Return Strategy ETF

65 hedge funds and large institutions have $102M invested in First Trust Alternative Absolute Return Strategy ETF in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

53% more capital invested

Capital invested by funds: $66.5M → $102M (+$35.3M)

10% more funds holding

Funds holding: 5965 (+6)

6.08% more ownership

Funds ownership: 56.14%62.22% (+6.1%)

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

Holders
65
Holders Change
+6
Holders Change %
+10.17%
% of All Funds
1.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
24
Reduced
22
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$663K +$275K +8,702 +80%
AP
27
Advisors Preferred
Maryland
$656K +$419K +13,284 +213%
EH
28
Equitable Holdings
New York
$609K +$567K +17,979 New
Jane Street
29
Jane Street
New York
$609K +$568K +17,994 New
AWM
30
AE Wealth Management
Kansas
$587K +$18.4K +584 +3%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$580K +$53.5K +1,696 +11%
SCFS
32
S.C. Financial Services
Arizona
$578K -$19.6K -620 -4%
SCA
33
Snowden Capital Advisors
New York
$497K +$12.7K +401 +3%
IA
34
IFG Advisory
Georgia
$477K +$9.66K +306 +2%
MA
35
Mutual Advisors
Nebraska
$468K -$1.61K -51 -0.4%
Stifel Financial
36
Stifel Financial
Missouri
$442K -$87.1K -2,759 -17%
1W
37
1776 Wealth
Georgia
$435K +$91.8K +2,909 +29%
Cetera Investment Advisers
38
Cetera Investment Advisers
Illinois
$414K -$178K -5,656 -32%
BFEC
39
Benjamin F. Edwards & Company
Missouri
$406K +$5.68K +180 +2%
VCM
40
Virtue Capital Management
Tennessee
$398K +$77.6K +2,460 +26%
ASN
41
Advisory Services Network
Georgia
$387K +$86.1K +2,729 +31%
PA
42
PFG Advisors
Arizona
$381K +$66.1K +2,095 +23%
Rockefeller Capital Management
43
Rockefeller Capital Management
New York
$374K -$10.1K -321 -3%
WCFA
44
Walkner Condon Financial Advisors
Wisconsin
$360K +$336K +10,642 New
HWM
45
Holloway Wealth Management
Florida
$349K
CAM
46
Concorde Asset Management
Michigan
$343K -$58.4K -1,851 -15%
FPWM
47
FSB Premier Wealth Management
Iowa
$326K +$25.4K +804 +9%
CFGS
48
Concourse Financial Group Securities
Alabama
$310K -$652K -20,646 -69%
RA
49
RFG Advisory
Alabama
$305K +$1.86K +59 +0.7%
TCA
50
Transcend Capital Advisors
New Jersey
$298K -$2.27K -72 -0.8%

FAAR Hedge Fund Activity: Q1 2022 in Review

65 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q1 2022, worth a combined $102M — up 53% from $66.5M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FAAR positions and 7 closed out — a net gain of 8 holders — while 24 added to existing stakes and 22 trimmed.

The largest buyer was LPL Financial, adding an estimated $15.1M. The largest seller was B. Riley Wealth Management, exiting entirely with an estimated $1.27M sold.

  • 65 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q1 2022, up from 59 in Q4 2021.
  • Funds reported $102M of First Trust Alternative Absolute Return Strategy ETF stock for Q1 2022, up 53% quarter-over-quarter.
  • 15 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q1 2022 and 7 closed out, a net change of +8 holders.
  • The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q1 2022 was LPL Financial, an estimated $15.1M added.
  • The largest First Trust Alternative Absolute Return Strategy ETF seller in Q1 2022 was B. Riley Wealth Management, an estimated $1.27M sold.

Based on aggregated 13F filings for Q1 2022.