First Trust Alternative Absolute Return Strategy ETF
FAAR
78 hedge funds and large institutions have $139M invested in First Trust Alternative Absolute Return Strategy ETF in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more capital invested
Capital invested by funds: $112M → $139M (+$27.2M)
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
11.89% more ownership
Funds ownership: 60.98% → 72.87% (+12%)
0% more funds holding
Funds holding: 78 → 78 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$10.9M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$5.72M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$4.81M |
| 4 |
Rockefeller Capital Management
New York
|
+$4.42M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.48M |
| 2 |
EH
Equitable Holdings
New York
|
-$1.23M |
| 3 |
LPL Financial
San Diego,
California
|
-$503K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$382K |
| 5 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$367K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWA
76
Clearview Wealth Advisors
Salem,
Oregon
| $5K | – | – | – |
|
77
Morgan Stanley
New York
| $5K | +$65 | +2 | +1% |
|
|
78
Jane Street
New York
| – | -$3.48M | -104,184 | Closed |
|
|
ASN
79
Advisory Services Network
Atlanta,
Georgia
| – | -$382K | -11,442 | Closed |
|
|
AWA
80
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$367K | -11,008 | Closed |
|
|
AWAG
81
ARS Wealth Advisors Group
St. Petersburg,
Florida
| – | -$311K | -9,333 | Closed |
|
|
WAM
82
Worth Asset Management
Dallas,
Texas
| – | -$173K | -5,195 | Closed |
|
|
HWA
83
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$27K | -819 | Closed |
|
|
TCWM
84
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$10K | -294 | Closed |
|
|
CA
85
CoreCap Advisors
Southfield,
Michigan
| – | -$6K | -175 | Closed |
|
FAAR Hedge Fund Activity: Q3 2022 in Review
78 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2022, worth a combined $139M — up 24% from $112M a quarter earlier.
Fund positioning in FAAR was balanced in Q3 2022: 8 funds opened new positions, 8 closed out, 33 added to existing stakes and 27 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $10.9M. The largest seller was Jane Street, exiting entirely with an estimated $3.48M sold.
- 78 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $139M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2022, up 24% quarter-over-quarter.
- 8 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2022 and 8 closed out, a net change of 0 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2022 was Kestra Advisory Services, an estimated $10.9M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2022 was Jane Street, an estimated $3.48M sold.
Based on aggregated 13F filings for Q3 2022.