First Trust Alternative Absolute Return Strategy ETF
FAAR
8 hedge funds and large institutions have $1.53M invested in First Trust Alternative Absolute Return Strategy ETF in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 0 closing their positions.
100% more funds holding
Funds holding: 4 → 8 (+4)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
4% less capital invested
Capital invested by funds: $1.58M → $1.53M (-$56.8K)
28.28% less ownership
Funds ownership: 54.56% → 26.29% (-28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$310K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$136K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$55.9K |
| 4 |
BTIS
BB&T Investment Services
Charlotte,
North Carolina
|
+$19.3K |
| 5 |
LPL Financial
San Diego,
California
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$603K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $739K | -$603K | -20,523 | -45% |
|
|
CWM
2
Cornerstone Wealth Management
St. Peters,
Missouri
| $301K | +$310K | +10,562 | New |
|
|
3
LPL Financial
San Diego,
California
| $259K | +$18.2K | +620 | +8% |
|
|
IA
4
IFP Advisors
Tampa,
Florida
| $136K | +$136K | +4,634 | +13,240% |
|
|
NA
5
NewEdge Advisors
New Orleans,
Louisiana
| $54.2K | +$55.9K | +1,900 | New |
|
|
BTIS
6
BB&T Investment Services
Charlotte,
North Carolina
| $19K | +$19.3K | +658 | New |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | – | – | – |
|
|
DADC
8
D.A. Davidson & Co
Great Falls,
Montana
| $4K | +$4.73K | +161 | New |
|
FAAR Hedge Fund Activity: Q2 2017 in Review
8 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2017, worth a combined $1.53M — down 3.6% from $1.58M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAAR positions and 0 closed out — a net gain of 4 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $310K. The largest seller was Jane Street, cutting an estimated $603K.
- 8 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2017, up from 4 in Q1 2017.
- Funds reported $1.53M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2017, down 3.6% quarter-over-quarter.
- 4 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2017 and 0 closed out, a net change of +4 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2017 was Cornerstone Wealth Management, an estimated $310K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2017 was Jane Street, an estimated $603K sold.
Based on aggregated 13F filings for Q2 2017.