First Trust Alternative Absolute Return Strategy ETF
FAAR
65 hedge funds and large institutions have $81.6M invested in First Trust Alternative Absolute Return Strategy ETF in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 26 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more capital invested
Capital invested by funds: $75.9M → $81.6M (+$5.61M)
2% more funds holding
Funds holding: 64 → 65 (+1)
0% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 26
3.75% less ownership
Funds ownership: 77.11% → 73.36% (-3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.35M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.31M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$812K |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$560K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
Simplicity Wealth
Summit,
New Jersey
|
-$1.95M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$782K |
| 3 |
AssetMark Inc
Concord,
California
|
-$633K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$605K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$488K |
FAAR Hedge Fund Activity: Q3 2025 in Review
65 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q3 2025, worth a combined $81.6M — up 7.4% from $75.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAAR positions and 4 closed out — a net gain of 3 holders — while 26 added to existing stakes and 26 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.35M. The largest seller was Simplicity Wealth, cutting an estimated $1.95M.
- 65 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q3 2025, up from 64 in Q2 2025.
- Funds reported $81.6M of First Trust Alternative Absolute Return Strategy ETF stock for Q3 2025, up 7.4% quarter-over-quarter.
- 7 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q3 2025 and 4 closed out, a net change of +3 holders.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q3 2025 was LPL Financial, an estimated $1.35M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q3 2025 was Simplicity Wealth, an estimated $1.95M sold.
Based on aggregated 13F filings for Q3 2025.