First Trust Alternative Absolute Return Strategy ETF
FAAR
64 hedge funds and large institutions have $75.9M invested in First Trust Alternative Absolute Return Strategy ETF in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 12 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
1.02% more ownership
Funds ownership: 76.09% → 77.11% (+1%)
1% more capital invested
Capital invested by funds: $75.5M → $75.9M (+$454K)
7% less funds holding
Funds holding: 69 → 64 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.96M |
| 2 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.64M |
| 3 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$1.51M |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.41M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$773K |
| 2 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$604K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$504K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$473K |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$449K |
FAAR Hedge Fund Activity: Q2 2025 in Review
64 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2025, worth a combined $75.9M — up 0.6% from $75.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FAAR and 8 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was LPL Financial, adding an estimated $1.96M. The largest seller was Jane Street, exiting entirely with an estimated $773K sold.
- 64 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2025, down from 69 in Q1 2025.
- Funds reported $75.9M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2025, up 0.6% quarter-over-quarter.
- 8 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2025 and 12 closed out, a net change of -4 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2025 was LPL Financial, an estimated $1.96M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2025 was Jane Street, an estimated $773K sold.
Based on aggregated 13F filings for Q2 2025.