First Trust Alternative Absolute Return Strategy ETF
FAAR
70 hedge funds and large institutions have $67.2M invested in First Trust Alternative Absolute Return Strategy ETF in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 13 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
1.76% more ownership
Funds ownership: 66.81% → 68.58% (+1.8%)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
3% less funds holding
Funds holding: 72 → 70 (-2)
25% less capital invested
Capital invested by funds: $89.3M → $67.2M (-$22M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$671K |
| 2 |
LPL Financial
San Diego,
California
|
+$632K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$542K |
| 4 |
LSIA
LaSalle St. Investment Advisors
Elmhurst,
Illinois
|
+$398K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$381K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAS
Horizon Advisory Services
West Henrietta,
New York
|
-$18.2M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.59M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.26M |
| 4 |
SW
Simplicity Wealth
Summit,
New Jersey
|
-$953K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$683K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SW
76
SMART Wealth
Omaha,
Nebraska
| – | -$396K | -14,236 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$312K | -11,200 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$280K | -10,000 | Closed |
|
|
SAM
79
SignalPoint Asset Management
Springfield,
Missouri
| – | -$265K | -9,485 | Closed |
|
|
SG
80
StoneX Group
New York
| – | -$255K | -9,162 | Closed |
|
|
SWP
81
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$226K | -8,122 | Closed |
|
82
UBS Group
Zurich,
Switzerland
| – | -$44.8K | -1,609 | Closed |
|
83
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -43 | Closed |
|
FAAR Hedge Fund Activity: Q4 2024 in Review
70 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2024, worth a combined $67.2M — down 25% from $89.3M a quarter earlier.
Fund positioning in FAAR was balanced in Q4 2024: 13 funds opened new positions, 13 closed out, 30 added to existing stakes and 24 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $671K. The largest seller was Horizon Advisory Services, exiting entirely with an estimated $18.2M sold.
- 70 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2024, down from 72 in Q3 2024.
- Funds reported $67.2M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2024, down 25% quarter-over-quarter.
- 13 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2024 and 13 closed out, a net change of 0 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2024 was First Trust Advisors, an estimated $671K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2024 was Horizon Advisory Services, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2024.