First Trust Alternative Absolute Return Strategy ETF
FAAR
59 hedge funds and large institutions have $66.5M invested in First Trust Alternative Absolute Return Strategy ETF in 2021 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
87% more capital inflows, than outflows
Capital inflows: $8.26M | Capital outflows: $4.41M
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
11% more funds holding
Funds holding: 53 → 59 (+6)
1.13% less ownership
Funds ownership: 57.27% → 56.14% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.86M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.74M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$946K |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
+$661K |
| 5 |
Virtue Capital Management
Brentwood,
Tennessee
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.85M |
| 2 |
Focus Financial Network
Minneapolis,
Minnesota
|
-$804K |
| 3 |
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$471K |
| 4 |
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
-$388K |
| 5 |
Simplicity Solutions
Minneapolis,
Minnesota
|
-$297K |
FAAR Hedge Fund Activity: Q4 2021 in Review
59 of the 6,522 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2021, worth a combined $66.5M — down 0.55% from $66.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FAAR positions and 4 closed out — a net gain of 6 holders — while 30 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.86M. The largest seller was Royal Bank of Canada, cutting an estimated $1.85M.
- 59 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2021, up from 53 in Q3 2021.
- Funds reported $66.5M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2021, down 0.55% quarter-over-quarter.
- 10 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2021 and 4 closed out, a net change of +6 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2021 was Raymond James Financial Services Advisors, an estimated $1.86M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2021 was Royal Bank of Canada, an estimated $1.85M sold.
Based on aggregated 13F filings for Q4 2021.