First Trust Alternative Absolute Return Strategy ETF
FAAR
53 hedge funds and large institutions have $66.9M invested in First Trust Alternative Absolute Return Strategy ETF in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 9 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $65.2M → $66.9M (+$1.72M)
2.1% less ownership
Funds ownership: 59.37% → 57.27% (-2.1%)
10% less funds holding
Funds holding: 59 → 53 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.35M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.21M |
| 3 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$786K |
| 4 |
LPL Financial
San Diego,
California
|
+$459K |
| 5 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$2.69M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$482K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$360K |
| 4 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$239K |
| 5 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$218K |
FAAR Hedge Fund Activity: Q3 2021 in Review
53 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2021, worth a combined $66.9M — up 2.6% from $65.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FAAR and 4 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Envestnet Asset Management, adding an estimated $1.35M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $2.69M sold.
- 53 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2021, down from 59 in Q2 2021.
- Funds reported $66.9M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2021, up 2.6% quarter-over-quarter.
- 4 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2021 and 9 closed out, a net change of -5 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2021 was Envestnet Asset Management, an estimated $1.35M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2021 was Flow Traders U.S., an estimated $2.69M sold.
Based on aggregated 13F filings for Q3 2021.