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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
SS
51
Simplicity Solutions
Minnesota
$277K +$258K +8,189 New
PAG
52
Private Advisor Group
New Jersey
$264K +$246K +7,792 New
T
53
TRUADVICE
Florida
$255K -$16.6K -525 -7%
AWM
54
Apollon Wealth Management
South Carolina
$201K +$187K +5,939 New
GRP
55
Global Retirement Partners
California
$95K +$87.5K +2,772 New
CFD
56
Creative Financial Designs
Indiana
$60K
TAM
57
Tucker Asset Management
Colorado
$59.6K -$2.15K -68 -4%
BEI
58
Benjamin Edwards Inc
Missouri
$46K -$9.97K -316 -19%
CWA
59
Clearview Wealth Advisors
Oregon
$46K -$5.52K -175 -11%
UBS Group
60
UBS Group
Switzerland
$43K +$40.1K +1,270 New
AF
61
Allworth Financial
California
$23K
PFS
62
Prospera Financial Services
Texas
$18K +$16.8K +532 New
Carson Wealth (CWM LLC)
63
Carson Wealth (CWM LLC)
Nebraska
$14K
LAS
64
Lloyd Advisory Services
Georgia
$11K -$1.67K -53 -14%
APA
65
American Portfolios Advisors
New York
$9.98K -$3.16K -100 -25%
Morgan Stanley
66
Morgan Stanley
New York
$5K
BRWM
67
B. Riley Wealth Management
Tennessee
-$1.27M -44,131 Closed
OC
68
Oakworth Capital
Alabama
-$41K -1,437 Closed
WWMSC
69
Wagner Wealth Management (South Carolina)
South Carolina
-$15K -538 Closed
CA
70
CoreCap Advisors
Michigan
-$5K -175 Closed
GWM
71
Geneos Wealth Management
Colorado
-$4K -150 Closed
Wells Fargo
72
Wells Fargo
California
-$32 -1 Closed

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.