First Trust Alternative Absolute Return Strategy ETF
FAAR
83 hedge funds and large institutions have $134M invested in First Trust Alternative Absolute Return Strategy ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 39 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 82 → 83 (+1)
0.53% more ownership
Funds ownership: 77.15% → 77.68% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $138M → $134M (-$4.2M)
23% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.53M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.1M |
| 3 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
+$1.32M |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$438K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.7M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$3.52M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.41M |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$1.59M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.23M |
FAAR Hedge Fund Activity: Q3 2023 in Review
83 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2023, worth a combined $134M — down 3% from $138M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAAR positions and 8 closed out — a net gain of 1 holder — while 30 added to existing stakes and 39 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $2.53M. The largest seller was Jane Street, cutting an estimated $3.7M.
- 83 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2023, up from 82 in Q2 2023.
- Funds reported $134M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2023, down 3% quarter-over-quarter.
- 9 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2023 and 8 closed out, a net change of +1 holder.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2023 was HighTower Advisors, an estimated $2.53M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2023 was Jane Street, an estimated $3.7M sold.
Based on aggregated 13F filings for Q3 2023.