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First Trust Alternative Absolute Return Strategy ETF

59 hedge funds and large institutions have $65.2M invested in First Trust Alternative Absolute Return Strategy ETF in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

429% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 7

22% more capital invested

Capital invested by funds: $53.6M → $65.2M (+$11.6M)

18% more funds holding

Funds holding: 5059 (+9)

3.2% less ownership

Funds ownership: 62.57%59.37% (-3.2%)

Holders
59
Holders Change
+9
Holders Change %
+18%
% of All Funds
1.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
37
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$14.2M +$888K +29,492 +7%
AW
2
ACG Wealth
Georgia
$7.63M +$1.16M +38,631 +18%
Osaic Holdings
3
Osaic Holdings
Arizona
$5.71M +$623K +20,690 +12%
LPL Financial
4
LPL Financial
California
$5.16M +$355K +11,780 +7%
AAS
5
Avantax Advisory Services
Texas
$3.58M +$70.3K +2,334 +2%
FTUS
6
Flow Traders U.S.
New York
$2.69M +$1.65M +54,731 +162%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.05M +$27.2K +904 +1%
IA
8
IFP Advisors
Florida
$1.99M +$111K +3,698 +6%
AWA
9
Arkadios Wealth Advisors
Georgia
$1.95M +$214K +7,096 +12%
AFP
10
Ausdal Financial Partners
Iowa
$1.65M -$312K -10,353 -16%
KPWS
11
Kestra Private Wealth Services
Texas
$1.59M +$72.3K +2,402 +5%
BRWM
12
B. Riley Wealth Management
Tennessee
$1.39M +$10.8K +360 +0.8%
PFA
13
Pinnacle Family Advisors
Missouri
$1.24M +$58.3K +1,937 +5%
OMC
14
Old Mission Capital
Illinois
$1.18M -$190K -6,304 -14%
SG
15
StoneX Group
New York
$1.18M +$1.17M +38,811 New
SPC
16
Sigma Planning Corp
Michigan
$901K -$27.4K -909 -3%
FFN
17
Focus Financial Network
Minnesota
$773K +$765K +25,417 New
CFGS
18
Concourse Financial Group Securities
Alabama
$732K +$156K +5,180 +27%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$676K +$156K +5,184 +30%
RJA
20
Raymond James & Associates
Florida
$668K +$49.5K +1,644 +8%
HI
21
Harbour Investments
Wisconsin
$648K +$26.3K +873 +4%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$476K +$112K +3,736 +31%
Stifel Financial
23
Stifel Financial
Missouri
$469K +$80.5K +2,673 +21%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$467K +$245K +8,146 +113%
MA
25
Mutual Advisors
Nebraska
$433K +$9.09K +302 +2%

FAAR Hedge Fund Activity: Q2 2021 in Review

59 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2021, worth a combined $65.2M — up 22% from $53.6M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FAAR positions and 2 closed out — a net gain of 9 holders — while 37 added to existing stakes and 7 trimmed.

The largest buyer was Flow Traders U.S., adding an estimated $1.65M. The largest seller was Ausdal Financial Partners, cutting an estimated $312K.

  • 59 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2021, up from 50 in Q1 2021.
  • Funds reported $65.2M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2021, up 22% quarter-over-quarter.
  • 11 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2021 and 2 closed out, a net change of +9 holders.
  • The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2021 was Flow Traders U.S., an estimated $1.65M added.
  • The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2021 was Ausdal Financial Partners, an estimated $312K sold.

Based on aggregated 13F filings for Q2 2021.