First Trust Alternative Absolute Return Strategy ETF
FAAR
65 hedge funds and large institutions have $102M invested in First Trust Alternative Absolute Return Strategy ETF in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
53% more capital invested
Capital invested by funds: $66.5M → $102M (+$35.3M)
10% more funds holding
Funds holding: 59 → 65 (+6)
6.08% more ownership
Funds ownership: 56.14% → 62.22% (+6.1%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$15.1M |
| 2 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$1.94M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.88M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.73M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$1.27M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.02M |
| 3 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$652K |
| 4 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$419K |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$194K |
FAAR Hedge Fund Activity: Q1 2022 in Review
65 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q1 2022, worth a combined $102M — up 53% from $66.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FAAR positions and 7 closed out — a net gain of 8 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was LPL Financial, adding an estimated $15.1M. The largest seller was B. Riley Wealth Management, exiting entirely with an estimated $1.27M sold.
- 65 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q1 2022, up from 59 in Q4 2021.
- Funds reported $102M of First Trust Alternative Absolute Return Strategy ETF stock for Q1 2022, up 53% quarter-over-quarter.
- 15 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q1 2022 and 7 closed out, a net change of +8 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q1 2022 was LPL Financial, an estimated $15.1M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q1 2022 was B. Riley Wealth Management, an estimated $1.27M sold.
Based on aggregated 13F filings for Q1 2022.