First Trust Alternative Absolute Return Strategy ETF
FAAR
26 hedge funds and large institutions have $13.1M invested in First Trust Alternative Absolute Return Strategy ETF in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 11 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
19% less funds holding
Funds holding: 32 → 26 (-6)
23.75% less ownership
Funds ownership: 74.36% → 50.6% (-24%)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
62% less capital invested
Capital invested by funds: $34.1M → $13.1M (-$21M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$711K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$479K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$276K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$255K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Faithward Advisors
Lancaster,
Pennsylvania
|
-$18.1M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$902K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$826K |
| 4 |
AT
Arden Trust
Wilmington,
Delaware
|
-$747K |
| 5 |
Jane Street
New York
|
-$562K |
FAAR Hedge Fund Activity: Q4 2019 in Review
26 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2019, worth a combined $13.1M — down 62% from $34.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FAAR and 5 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $711K. The largest seller was Faithward Advisors, cutting an estimated $18.1M.
- 26 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $13.1M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2019, down 62% quarter-over-quarter.
- 5 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2019 and 11 closed out, a net change of -6 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2019 was Ladenburg Thalmann Financial Services, an estimated $711K added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2019 was Faithward Advisors, an estimated $18.1M sold.
Based on aggregated 13F filings for Q4 2019.