First Trust Bloomberg Artificial Intelligence ETF
FAI
76 hedge funds and large institutions have $106M invested in First Trust Bloomberg Artificial Intelligence ETF in 2026 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 3 closing their positions.
1,567% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 3
613% more capital invested
Capital invested by funds: $14.9M → $106M (+$91.5M)
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
164.08% more ownership
Funds ownership: 41.91% → 205.99% (+164%)
162% more funds holding
Funds holding: 29 → 76 (+47)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.5M |
| 3 |
AssetMark Inc
Concord,
California
|
+$8.03M |
| 4 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$6.01M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$416K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$337K |
| 3 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$148K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$79.3K |
| 5 |
TPWA
Twin Peaks Wealth Advisors
Burlingame,
California
|
-$46.6K |
FAI Hedge Fund Activity: Q2 2026 in Review
76 of the 8,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Bloomberg Artificial Intelligence ETF (FAI) for Q2 2026, worth a combined $106M — up 613% from $14.9M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FAI positions and 3 closed out — a net gain of 47 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $18.1M. The largest seller was Jane Street, cutting an estimated $416K.
- 76 institutional investors held First Trust Bloomberg Artificial Intelligence ETF (FAI) as of Q2 2026, up from 29 in Q1 2026.
- Funds reported $106M of First Trust Bloomberg Artificial Intelligence ETF stock for Q2 2026, up 613% quarter-over-quarter.
- 50 funds opened new First Trust Bloomberg Artificial Intelligence ETF positions in Q2 2026 and 3 closed out, a net change of +47 holders.
- The largest First Trust Bloomberg Artificial Intelligence ETF buyer in Q2 2026 was LPL Financial, an estimated $18.1M added.
- The largest First Trust Bloomberg Artificial Intelligence ETF seller in Q2 2026 was Jane Street, an estimated $416K sold.
Based on aggregated 13F filings for Q2 2026.