First Trust Alternative Absolute Return Strategy ETF
FAAR
77 hedge funds and large institutions have $161M invested in First Trust Alternative Absolute Return Strategy ETF in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 13 closing their positions.
16% more capital invested
Capital invested by funds: $139M → $161M (+$22.1M)
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
7.09% more ownership
Funds ownership: 72.87% → 79.96% (+7.1%)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
1% less funds holding
Funds holding: 78 → 77 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$8.6M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$8.04M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$7.17M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$6.73M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
-$4.73M |
| 2 |
Rockefeller Capital Management
New York
|
-$4.24M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$4.01M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.26M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$1.28M |
FAAR Hedge Fund Activity: Q4 2022 in Review
77 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2022, worth a combined $161M — up 16% from $139M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FAAR positions and 13 closed out — a net gain of 2 holders — while 29 added to existing stakes and 28 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $8.6M. The largest seller was Allworth Financial, cutting an estimated $4.73M.
- 77 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2022, down from 78 in Q3 2022.
- Funds reported $161M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2022, up 16% quarter-over-quarter.
- 15 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2022 and 13 closed out, a net change of +2 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2022 was AE Wealth Management, an estimated $8.6M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2022 was Allworth Financial, an estimated $4.73M sold.
Based on aggregated 13F filings for Q4 2022.