First Trust Alternative Absolute Return Strategy ETF
FAAR
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.
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: 50 → 59 (+9)
3.2% less ownership
Funds ownership: 62.57% → 59.37% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.65M |
| 2 |
SG
StoneX Group
New York
|
+$1.17M |
| 3 |
AW
ACG Wealth
Atlanta,
Georgia
|
+$1.16M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$888K |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
+$765K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$312K |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$203K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$190K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$27.4K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APWA
51
Atlas Private Wealth Advisors
Matawan,
New Jersey
| $15K | +$15.1K | +500 | New |
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $12K | – | – | – |
|
|
APA
53
American Portfolios Advisors
Holbrook,
New York
| $11.8K | +$3.01K | +100 | +35% |
|
54
Citigroup
New York
| $11K | – | – | – |
|
|
LAS
55
Lloyd Advisory Services
Suwanee,
Georgia
| $11K | +$3.4K | +113 | +43% |
|
|
CFD
56
Creative Financial Designs
Kokomo,
Indiana
| $10K | +$10.2K | +340 | New |
|
57
Morgan Stanley
New York
| $6K | +$1.84K | +61 | +43% |
|
|
CWP
58
Concord Wealth Partners
Abingdon,
Virginia
| $3K | +$3.01K | +100 | New |
|
59
UBS Group
Zurich,
Switzerland
| $1K | -$6.5K | -216 | -82% |
|
|
SFS
60
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$203K | -6,650 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -185 | Closed |
|
62
Wells Fargo
San Francisco,
California
| – | +$30 | +1 | New |
|
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.