First Trust Multi-Strategy Alternative ETF
LALT
11 hedge funds and large institutions have $7.13M invested in First Trust Multi-Strategy Alternative ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
354% more capital invested
Capital invested by funds: $1.57M → $7.13M (+$5.56M)
120% more funds holding
Funds holding: 5 → 11 (+6)
34.86% more ownership
Funds ownership: 79.8% → 114.66% (+35%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
+$1.49M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.17M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.05M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.03M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$375K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$131K |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$6.06K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFP
1
Holistic Financial Partners
Indianapolis,
Indiana
| $1.52M | +$1.49M | +73,569 | New |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $1.2M | +$1.17M | +57,695 | New |
|
|
3
Cetera Investment Advisers
Schaumburg,
Illinois
| $1.08M | +$1.05M | +52,004 | New |
|
|
CAN
4
Cetera Advisor Networks
El Segundo,
California
| $1.06M | +$1.03M | +51,092 | New |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $661K | +$644K | +31,890 | New |
|
|
CW
6
CreativeOne Wealth
Overland Park,
Kansas
| $647K | +$198K | +9,801 | +46% |
|
|
VCM
7
Virtue Capital Management
Brentwood,
Tennessee
| $371K | -$6.06K | -300 | -2% |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $284K | -$131K | -6,499 | -32% |
|
|
ASN
9
Advisory Services Network
Atlanta,
Georgia
| $281K | +$274K | +13,550 | New |
|
|
SPIA
10
Steward Partners Investment Advisory
New York
| $20.8K | – | – | – |
|
11
AssetMark Inc
Concord,
California
| $8.93K | +$8.71K | +431 | New |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$375K | -19,051 | Closed |
|
LALT Hedge Fund Activity: Q1 2024 in Review
11 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi-Strategy Alternative ETF (LALT) for Q1 2024, worth a combined $7.13M — up 354% from $1.57M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LALT positions and 1 closed out — a net gain of 6 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Holistic Financial Partners, opening a new position worth an estimated $1.49M. The largest seller was Citadel Advisors, exiting entirely with an estimated $375K sold.
- 11 institutional investors held First Trust Multi-Strategy Alternative ETF (LALT) as of Q1 2024, up from 5 in Q4 2023.
- Funds reported $7.13M of First Trust Multi-Strategy Alternative ETF stock for Q1 2024, up 354% quarter-over-quarter.
- 7 funds opened new First Trust Multi-Strategy Alternative ETF positions in Q1 2024 and 1 closed out, a net change of +6 holders.
- The largest First Trust Multi-Strategy Alternative ETF buyer in Q1 2024 was Holistic Financial Partners, an estimated $1.49M added.
- The largest First Trust Multi-Strategy Alternative ETF seller in Q1 2024 was Citadel Advisors, an estimated $375K sold.
Based on aggregated 13F filings for Q1 2024.