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First Trust Alternative Absolute Return Strategy ETF

78 hedge funds and large institutions have $112M invested in First Trust Alternative Absolute Return Strategy ETF in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

217% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 6

20% more funds holding

Funds holding: 6578 (+13)

10% more capital invested

Capital invested by funds: $102M → $112M (+$10.2M)

1.24% less ownership

Funds ownership: 62.22%60.98% (-1.2%)

14% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 28

Holders
78
Holders Change
+13
Holders Change %
+20%
% of All Funds
1.31%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
24
Reduced
28
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$18.6M -$5.58M -162,029 -22%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$17.1M +$74.8K +2,173 +0.4%
Osaic Holdings
3
Osaic Holdings
Arizona
$10.4M +$2.65M +76,855 +33%
AW
4
ACG Wealth
Georgia
$7.98M +$36.3K +1,053 +0.4%
PAG
5
Private Advisor Group
New Jersey
$4.1M +$3.96M +115,056 +1,477%
IA
6
IFP Advisors
Florida
$4.01M
AAS
7
Avantax Advisory Services
Texas
$3.71M -$532K -15,445 -12%
Jane Street
8
Jane Street
New York
$3.48M +$2.97M +86,190 +479%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$2.99M +$510K +14,815 +20%
EH
10
Equitable Holdings
New York
$2.84M +$2.31M +67,060 +373%
AOG
11
Alpha Omega Group
Virginia
$2.8M +$2.89M +84,033 New
KAS
12
Kestra Advisory Services
Texas
$2.25M +$435K +12,649 +23%
AWS
13
Atria Wealth Solutions
New York
$2.24M +$1.28M +37,199 +124%
AFP
14
Ausdal Financial Partners
Iowa
$2.02M -$261K -7,584 -11%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$1.91M +$802K +23,304 +68%
KPWS
16
Kestra Private Wealth Services
Texas
$1.78M +$47.5K +1,379 +3%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$1.39M +$350K +10,157 +32%
FTUS
18
Flow Traders U.S.
New York
$1.36M -$210K -6,097 -13%
PFA
19
Pinnacle Family Advisors
Missouri
$1.3M -$191K -5,541 -12%
SPC
20
Sigma Planning Corp
Michigan
$1.14M +$330K +9,583 +39%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$1.1M +$465K +13,521 +69%
RJA
22
Raymond James & Associates
Florida
$950K -$9.88K -287 -1%
SG
23
StoneX Group
New York
$903K -$164K -4,757 -15%
FFN
24
Focus Financial Network
Minnesota
$860K -$125K -3,635 -12%
NWMG
25
National Wealth Management Group
Ohio
$772K +$796K +23,124 New

FAAR Hedge Fund Activity: Q2 2022 in Review

78 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2022, worth a combined $112M — up 10% from $102M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FAAR positions and 6 closed out — a net gain of 13 holders — while 24 added to existing stakes and 28 trimmed.

The largest buyer was Private Advisor Group, adding an estimated $3.96M. The largest seller was LPL Financial, cutting an estimated $5.58M.

  • 78 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2022, up from 65 in Q1 2022.
  • Funds reported $112M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2022, up 10% quarter-over-quarter.
  • 19 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2022 and 6 closed out, a net change of +13 holders.
  • The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2022 was Private Advisor Group, an estimated $3.96M added.
  • The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2022 was LPL Financial, an estimated $5.58M sold.

Based on aggregated 13F filings for Q2 2022.