First Trust Alternative Absolute Return Strategy ETF
FAAR
17 hedge funds and large institutions have $18.1M invested in First Trust Alternative Absolute Return Strategy ETF in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 2 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
32% more capital invested
Capital invested by funds: $13.7M → $18.1M (+$4.39M)
31% more funds holding
Funds holding: 13 → 17 (+4)
5.17% more ownership
Funds ownership: 75.47% → 80.65% (+5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.44M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.37M |
| 3 |
VF
Virtu Financial
New York
|
+$721K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$691K |
| 5 |
AT
Arden Trust
Wilmington,
Delaware
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.06M |
| 2 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$109K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$86 |
FAAR Hedge Fund Activity: Q3 2018 in Review
17 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2018, worth a combined $18.1M — up 32% from $13.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAAR positions and 2 closed out — a net gain of 4 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $1.44M. The largest seller was Jane Street, exiting entirely with an estimated $1.06M sold.
- 17 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2018, up from 13 in Q2 2018.
- Funds reported $18.1M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2018, up 32% quarter-over-quarter.
- 6 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2018 and 2 closed out, a net change of +4 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2018 was Envestnet Asset Management, an estimated $1.44M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2018 was Jane Street, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2018.