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First Trust Alternative Absolute Return Strategy ETF

72 hedge funds and large institutions have $89.3M invested in First Trust Alternative Absolute Return Strategy ETF in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

3% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 32

5% less funds holding

Funds holding: 7672 (-4)

8% less capital invested

Capital invested by funds: $96.8M → $89.3M (-$7.53M)

11.56% less ownership

Funds ownership: 78.37%66.81% (-12%)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
72
Holders Change
-4
Holders Change %
-5.26%
% of All Funds
1.03%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
6
Increased
33
Reduced
32
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
51
Bank of Montreal
Ontario, Canada
$280K -$464K -16,332 -62%
Janney Montgomery Scott
52
Janney Montgomery Scott
Pennsylvania
$267K +$273K +9,606 New
SAM
53
SignalPoint Asset Management
Missouri
$265K -$197K -6,934 -42%
GRP
54
Global Retirement Partners
California
$258K -$5.62K -198 -2%
SG
55
StoneX Group
New York
$255K +$260K +9,162 New
SAW
56
Signal Advisors Wealth
Michigan
$240K +$245K +8,634 New
FPWM
57
FSB Premier Wealth Management
Iowa
$239K -$139K -4,901 -36%
AF
58
Allworth Financial
California
$238K -$45.9K -1,618 -16%
RA
59
RFG Advisory
Alabama
$230K +$4.4K +155 +2%
SWP
60
Stratos Wealth Partners
Ohio
$226K -$85.3K -3,005 -27%
TA
61
TFB Advisors
Kansas
$201K +$205K +7,232 New
HI
62
Harbour Investments
Wisconsin
$178K -$36.8K -1,295 -17%
CFGS
63
Concourse Financial Group Securities
Alabama
$141K +$3.15K +111 +2%
PS
64
Principal Securities
Iowa
$50.5K +$26K +917 +102%
TAM
65
Tucker Asset Management
Colorado
$45.3K -$5.62K -198 -11%
UBS Group
66
UBS Group
Switzerland
$44.8K +$41.4K +1,459 +973%
LFG
67
Larson Financial Group
Missouri
$40.4K +$28 +1 +0.1%
SS
68
Sunbelt Securities
Texas
$33.9K +$539 +19 +2%
Morgan Stanley
69
Morgan Stanley
New York
$1.5K -$4.09K -144 -73%
Carson Wealth (CWM LLC)
70
Carson Wealth (CWM LLC)
Nebraska
$1K +$1.22K +43 New
DFA
71
DHJJ Financial Advisors
Illinois
$279
Wells Fargo
72
Wells Fargo
California
$26 -$28 -1 -50%
AFP
73
Ausdal Financial Partners
Iowa
-$2.04M -71,930 Closed
OMC
74
Old Mission Capital
Illinois
-$614K -21,595 Closed
VCM
75
Virtue Capital Management
Tennessee
-$420K -14,719 Closed

FAAR Hedge Fund Activity: Q3 2024 in Review

72 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2024, worth a combined $89.3M — down 7.8% from $96.8M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FAAR and 6 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 33 added.

The largest buyer was AssetMark Inc, adding an estimated $1.91M. The largest seller was Ausdal Financial Partners, exiting entirely with an estimated $2.04M sold.

  • 72 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2024, down from 76 in Q2 2024.
  • Funds reported $89.3M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2024, down 7.8% quarter-over-quarter.
  • 6 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2024 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2024 was AssetMark Inc, an estimated $1.91M added.
  • The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2024 was Ausdal Financial Partners, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2024.