First Trust Alternative Absolute Return Strategy ETF
FAAR
32 hedge funds and large institutions have $34.1M invested in First Trust Alternative Absolute Return Strategy ETF in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 1 closing their positions.
1,743% more capital inflows, than outflows
Capital inflows: $21.5M | Capital outflows: $1.16M
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
41.75% more ownership
Funds ownership: 32.6% → 74.36% (+42%)
23% more funds holding
Funds holding: 26 → 32 (+6)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$433K |
| 2 |
LPL Financial
San Diego,
California
|
+$320K |
| 3 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$292K |
| 4 |
Concorde Asset Management
Ann Arbor,
Michigan
|
+$247K |
| 5 |
Virtu Financial
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$300K |
| 2 |
IHT Wealth Management
Chicago,
Illinois
|
-$245K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$211K |
| 4 |
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$201K |
| 5 |
First Allied Advisory Services
San Diego,
California
|
-$129K |
FAAR Hedge Fund Activity: Q3 2019 in Review
32 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2019, worth a combined $34.1M — up 138% from $14.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAAR positions and 1 closed out — a net gain of 6 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $433K. The largest seller was American Portfolios Advisors, cutting an estimated $300K.
- 32 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2019, up from 26 in Q2 2019.
- Funds reported $34.1M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2019, up 138% quarter-over-quarter.
- 7 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2019 and 1 closed out, a net change of +6 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2019 was Susquehanna International Group, an estimated $433K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2019 was American Portfolios Advisors, an estimated $300K sold.
Based on aggregated 13F filings for Q3 2019.