First Trust Bloomberg Artificial Intelligence ETF
FAI
29 hedge funds and large institutions have $14.9M 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, 10 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 28 → 29 (+1)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
10.93% less ownership
Funds ownership: 52.84% → 41.91% (-11%)
29% less capital inflows, than outflows
Capital inflows: $2.48M | Capital outflows: $3.5M
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
Miami,
Florida
|
-$351K |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$288K |
FAI Hedge Fund Activity: Q1 2026 in Review
29 of the 8,210 institutional investors tracked by Wall St. Rank reported a position in First Trust Bloomberg Artificial Intelligence ETF (FAI) for Q1 2026, worth a combined $14.9M — down 14% from $17.4M 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 10 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.
- 29 institutional investors held First Trust Bloomberg Artificial Intelligence ETF (FAI) as of Q1 2026, up from 28 in Q4 2025.
- Funds reported $14.9M 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.