First Trust Alternative Absolute Return Strategy ETF
FAAR
59 hedge funds and large institutions have $66.5M invested in First Trust Alternative Absolute Return Strategy ETF in 2021 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
11% more funds holding
Funds holding: 53 → 59 (+6)
1% less capital invested
Capital invested by funds: $66.9M → $66.5M (-$366K)
1.13% less ownership
Funds ownership: 57.27% → 56.14% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.86M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.74M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$946K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$661K |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.85M |
| 2 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$804K |
| 3 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$471K |
| 4 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
-$388K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Allworth Financial
Folsom,
California
| $20K | +$1.26K | +41 | +6% |
|
|
WWMSC
52
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $15K | -$23.1K | -754 | -58% |
|
53
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $12K | +$12.4K | +404 | New |
|
|
APA
54
American Portfolios Advisors
Holbrook,
New York
| $11.4K | +$215 | +7 | +2% |
|
|
LAS
55
Lloyd Advisory Services
Suwanee,
Georgia
| $11K | +$92 | +3 | +0.8% |
|
|
CA
56
CoreCap Advisors
Southfield,
Michigan
| $5K | +$5.37K | +175 | New |
|
57
Morgan Stanley
New York
| $4K | – | – | – |
|
|
GWM
58
Geneos Wealth Management
Englewood,
Colorado
| $4K | +$4.6K | +150 | New |
|
|
FFN
59
Focus Financial Network
Minneapolis,
Minnesota
| – | -$804K | -26,263 | Closed |
|
|
WCFA
60
Walkner Condon Financial Advisors
Madison,
Wisconsin
| – | -$388K | -12,709 | Closed |
|
|
SS
61
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$297K | -9,694 | Closed |
|
|
KIG
62
Kowal Investment Group
Brookfield,
Wisconsin
| – | -$20K | -665 | Closed |
|
63
Fidelity Investments
Boston,
Massachusetts
| – | +$31 | +1 | New |
|
FAAR Hedge Fund Activity: Q4 2021 in Review
59 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2021, worth a combined $66.5M — down 0.55% from $66.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FAAR positions and 4 closed out — a net gain of 6 holders — while 30 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.86M. The largest seller was Royal Bank of Canada, cutting an estimated $1.85M.
- 59 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2021, up from 53 in Q3 2021.
- Funds reported $66.5M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2021, down 0.55% quarter-over-quarter.
- 10 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2021 and 4 closed out, a net change of +6 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2021 was Raymond James Financial Services Advisors, an estimated $1.86M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2021 was Royal Bank of Canada, an estimated $1.85M sold.
Based on aggregated 13F filings for Q4 2021.