First Trust Alternative Absolute Return Strategy ETF
FAAR
86 hedge funds and large institutions have $121M invested in First Trust Alternative Absolute Return Strategy ETF in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
5% more funds holding
Funds holding: 82 → 86 (+4)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0.2% more ownership
Funds ownership: 77.14% → 77.34% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $133M → $121M (-$12.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.48M |
| 2 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
+$2.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.55M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.16M |
| 5 |
Jane Street
New York
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$6.82M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.67M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.86M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.2M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$885K |
FAAR Hedge Fund Activity: Q4 2023 in Review
86 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q4 2023, worth a combined $121M — down 9.1% from $133M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FAAR positions and 8 closed out — a net gain of 5 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $2.48M. The largest seller was HighTower Advisors, exiting entirely with an estimated $6.82M sold.
- 86 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q4 2023, up from 82 in Q3 2023.
- Funds reported $121M of First Trust Alternative Absolute Return Strategy ETF stock for Q4 2023, down 9.1% quarter-over-quarter.
- 13 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q4 2023 and 8 closed out, a net change of +5 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q4 2023 was Old Mission Capital, an estimated $2.48M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q4 2023 was HighTower Advisors, an estimated $6.82M sold.
Based on aggregated 13F filings for Q4 2023.