First Trust Alternative Absolute Return Strategy ETF
FAAR
33 hedge funds and large institutions have $33.4M invested in First Trust Alternative Absolute Return Strategy ETF in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 4 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
33% more capital invested
Capital invested by funds: $25.1M → $33.4M (+$8.35M)
6% more funds holding
Funds holding: 31 → 33 (+2)
3.58% more ownership
Funds ownership: 66.06% → 69.64% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
ACG Wealth
Atlanta,
Georgia
|
+$4.43M |
| 2 |
LPL Financial
San Diego,
California
|
+$822K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$545K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$425K |
| 5 |
HF
HRT Financial
New York
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$686K |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$281K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$176K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$40.6K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$26.7K |
FAAR Hedge Fund Activity: Q3 2020 in Review
33 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2020, worth a combined $33.4M — up 33% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAAR positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 6 trimmed.
The largest buyer was ACG Wealth, opening a new position worth an estimated $4.43M. The largest seller was Jane Street, exiting entirely with an estimated $686K sold.
- 33 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2020, up from 31 in Q2 2020.
- Funds reported $33.4M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2020, up 33% quarter-over-quarter.
- 6 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2020 and 4 closed out, a net change of +2 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2020 was ACG Wealth, an estimated $4.43M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2020 was Jane Street, an estimated $686K sold.
Based on aggregated 13F filings for Q3 2020.