First Trust Alternative Absolute Return Strategy ETF
FAAR
13 hedge funds and large institutions have $13.7M invested in First Trust Alternative Absolute Return Strategy ETF in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 3 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
320% more capital invested
Capital invested by funds: $3.26M → $13.7M (+$10.4M)
38.41% more ownership
Funds ownership: 37.06% → 75.47% (+38%)
24% less funds holding
Funds holding: 17 → 13 (-4)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$8.45M |
| 2 |
Jane Street
New York
|
+$694K |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$166K |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
+$111K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$92.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$383K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$265K |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5K |
FAAR Hedge Fund Activity: Q2 2018 in Review
13 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2018, worth a combined $13.7M — up 320% from $3.26M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FAAR and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 7 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $8.45M. The largest seller was Virtu Financial, cutting an estimated $383K.
- 13 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2018, down from 17 in Q1 2018.
- Funds reported $13.7M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2018, up 320% quarter-over-quarter.
- 1 fund opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2018 and 3 closed out, a net change of -2 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $8.45M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2018 was Virtu Financial, an estimated $383K sold.
Based on aggregated 13F filings for Q2 2018.