First Trust Bloomberg Artificial Intelligence ETF
FAI
28 hedge funds and large institutions have $14M invested in First Trust Bloomberg Artificial Intelligence ETF in 2026 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
4% more funds holding
Funds holding: 27 → 28 (+1)
10.37% less ownership
Funds ownership: 49.61% → 39.25% (-10%)
14% less capital invested
Capital invested by funds: $16.3M → $14M (-$2.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.05M |
| 2 |
Jane Street
New York
|
+$474K |
| 3 |
EW
Element Wealth
Ridgeland,
Mississippi
|
+$450K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$155K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.39M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$572K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$524K |
| 4 |
GS
GTS Securities
New York
|
-$351K |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$288K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFG
26
Larson Financial Group
St Louis,
Missouri
| $13.6K | +$14.6K | +365 | New |
|
|
BWM
27
Benson Wealth Management
Ooltewah, Tn,
Tennessee
| $8.74K | – | – | – |
|
|
SS
28
SBI Securities
Tokyo,
Japan
| $149 | +$160 | +4 | New |
|
|
29
Envestnet Asset Management
Chicago,
Illinois
| – | -$572K | -13,927 | Closed |
|
|
30
MML Investors Services
Springfield,
Massachusetts
| – | -$524K | -12,747 | Closed |
|
|
GS
31
GTS Securities
New York
| – | -$351K | -8,556 | Closed |
|
|
BCM
32
Brookstone Capital Management
Wheaton,
Illinois
| – | -$205K | -4,996 | Closed |
|
FAI Hedge Fund Activity: Q1 2026 in Review
28 of the 8,143 institutional investors tracked by Wall St. Rank reported a position in First Trust Bloomberg Artificial Intelligence ETF (FAI) for Q1 2026, worth a combined $14M — down 14% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAI positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $1.05M. The largest seller was Royal Bank of Canada, cutting an estimated $1.39M.
- 28 institutional investors held First Trust Bloomberg Artificial Intelligence ETF (FAI) as of Q1 2026, up from 27 in Q4 2025.
- Funds reported $14M of First Trust Bloomberg Artificial Intelligence ETF stock for Q1 2026, down 14% quarter-over-quarter.
- 5 funds opened new First Trust Bloomberg Artificial Intelligence ETF positions in Q1 2026 and 4 closed out, a net change of +1 holder.
- The largest First Trust Bloomberg Artificial Intelligence ETF buyer in Q1 2026 was Kestra Advisory Services, an estimated $1.05M added.
- The largest First Trust Bloomberg Artificial Intelligence ETF seller in Q1 2026 was Royal Bank of Canada, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2026.