First Trust Alternative Absolute Return Strategy ETF
FAAR
8 hedge funds and large institutions have $2.11M invested in First Trust Alternative Absolute Return Strategy ETF in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
38% more capital invested
Capital invested by funds: $1.53M → $2.11M (+$583K)
2.35% more ownership
Funds ownership: 26.29% → 28.64% (+2.3%)
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$776K |
| 2 |
LPL Financial
San Diego,
California
|
+$177K |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$36.1K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$32.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$174 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$399K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$54.2K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$10.6K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $786K | +$776K | +26,693 | New |
|
|
2
LPL Financial
San Diego,
California
| $440K | +$177K | +6,085 | +69% |
|
|
CWM
3
Cornerstone Wealth Management
St. Peters,
Missouri
| $349K | +$36.1K | +1,240 | +12% |
|
|
4
Jane Street
New York
| $342K | -$399K | -13,707 | -54% |
|
|
IA
5
IFP Advisors
Tampa,
Florida
| $170K | +$32.6K | +1,120 | +24% |
|
|
BTIS
6
BB&T Investment Services
Charlotte,
North Carolina
| $19K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | -$10.6K | -364 | -83% |
|
|
NA
8
NewEdge Advisors
New Orleans,
Louisiana
| – | -$54.2K | -1,900 | Closed |
|
|
DADC
9
D.A. Davidson & Co
Great Falls,
Montana
| – | -$4K | -161 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | +$174 | +6 | New |
|
FAAR Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $2.11M — up 38% from $1.53M a quarter earlier.
Fund positioning in FAAR was balanced in Q3 2017: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $776K. The largest seller was Jane Street, cutting an estimated $399K.
- 8 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $2.11M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2017, up 38% quarter-over-quarter.
- 2 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2017 and 2 closed out, a net change of 0 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2017 was Virtu Financial, an estimated $776K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2017 was Jane Street, an estimated $399K sold.
Based on aggregated 13F filings for Q3 2017.