First Trust Alternative Absolute Return Strategy ETF
FAAR
26 hedge funds and large institutions have $13.7M invested in First Trust Alternative Absolute Return Strategy ETF in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
38% more capital invested
Capital invested by funds: $9.93M → $13.7M (+$3.74M)
19.57% more ownership
Funds ownership: 53.59% → 73.16% (+20%)
13% more funds holding
Funds holding: 23 → 26 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.26M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$963K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$462K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$297K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$692K |
| 2 |
Jane Street
New York
|
-$204K |
| 3 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$51K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$24.1K |
| 5 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$20K |
FAAR Hedge Fund Activity: Q1 2019 in Review
26 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q1 2019, worth a combined $13.7M — up 38% from $9.93M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAAR positions and 5 closed out — a net gain of 4 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.26M. The largest seller was Virtu Financial, exiting entirely with an estimated $692K sold.
- 26 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q1 2019, up from 23 in Q4 2018.
- Funds reported $13.7M of First Trust Alternative Absolute Return Strategy ETF stock for Q1 2019, up 38% quarter-over-quarter.
- 9 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q1 2019 and 5 closed out, a net change of +4 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q1 2019 was LPL Financial, an estimated $1.26M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q1 2019 was Virtu Financial, an estimated $692K sold.
Based on aggregated 13F filings for Q1 2019.