First Trust Alternative Absolute Return Strategy ETF
FAAR
13 hedge funds and large institutions have $3.06M invested in First Trust Alternative Absolute Return Strategy ETF in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
63% more funds holding
Funds holding: 8 → 13 (+5)
45% more capital invested
Capital invested by funds: $2.11M → $3.06M (+$954K)
6.07% more ownership
Funds ownership: 28.64% → 34.71% (+6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$503K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$238K |
| 3 |
LPL Financial
San Diego,
California
|
+$136K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$22K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$17.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$208 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $838K | +$503K | +16,941 | +146% |
|
|
VF
2
Virtu Financial
New York
| $783K | -$208 | -7 | -0% |
|
|
3
LPL Financial
San Diego,
California
| $574K | +$136K | +4,590 | +31% |
|
|
CWM
4
Cornerstone Wealth Management
St. Peters,
Missouri
| $369K | +$17.9K | +603 | +5% |
|
|
FAAS
5
First Allied Advisory Services
San Diego,
California
| $235K | +$238K | +8,006 | New |
|
|
IA
6
IFP Advisors
Tampa,
Florida
| $192K | +$22K | +742 | +13% |
|
|
BTIS
7
BB&T Investment Services
Charlotte,
North Carolina
| $19K | – | – | – |
|
|
CA
8
Calton & Associates
Tampa,
Florida
| $15K | +$15.5K | +522 | New |
|
9
Fifth Third Bancorp
Cincinnati,
Ohio
| $14K | +$13.8K | +465 | New |
|
|
IWM
10
IHT Wealth Management
Chicago,
Illinois
| $9K | +$8.76K | +295 | New |
|
|
AG
11
Advisor Group
Phoenix,
Arizona
| $8K | +$7.72K | +260 | New |
|
|
MOS
12
MGO One Seven
Beachwood,
Ohio
| $4K | +$3.89K | +131 | New |
|
|
LTFS
13
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
FAAR Hedge Fund Activity: Q4 2017 in Review
13 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2017, worth a combined $3.06M — up 45% from $2.11M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAAR positions and 1 closed out — a net gain of 5 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, adding an estimated $503K. The largest seller was Virtu Financial, cutting an estimated $208.
- 13 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2017, up from 8 in Q3 2017.
- Funds reported $3.06M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2017, up 45% quarter-over-quarter.
- 6 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2017 and 1 closed out, a net change of +5 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2017 was Jane Street, an estimated $503K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2017 was Virtu Financial, an estimated $208 sold.
Based on aggregated 13F filings for Q4 2017.