First Trust Alternative Absolute Return Strategy
FAAR • NASDAQ
First Trust Alternative Absolute Return Strategy is an exchange-traded fund on NASDAQ. As of Q3 2025, 58 institutional investors hold shares in this ETF, with total holdings valued at $76.0M. ENVESTNET ASSET MANAGEMENT INC is the largest holder with a position valued at $10.9M.
Overview
Overview of institutional ownership in FAAR as of Q3 2025
All Institutions
- Institutions
- 58
- Value Held
- $76.0M
- Shares Held
- 2.5M
- Avg Position
- $1.3M
- Median Position
- $324.4K
Hedge Funds
- Hedge Funds
- 0
- Value Held
- -
- Shares Held
- -
- Avg Position
- -
- Median Position
- -
Biggest Investors
Institutions with the largest positions in FAAR as of Q3 2025
| Institution | Position Value |
|---|---|
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $10.9M 0.00% of portfolio |
L LPL Financial LLC Institution | $10.6M 0.00% of portfolio |
C Coppell Advisory Solutions LLC RIA/Wealth | $8.1M 0.95% of portfolio |
 Cetera Investment Advisers RIA/Wealth | $6.3M 0.01% of portfolio |
 FIRST TRUST ADVISORS LP ETF Provider | $5.6M 0.00% of portfolio |
 GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | $4.5M 0.01% of portfolio |
A Advisor Group Holdings, Inc. Institution | $3.0M 0.00% of portfolio |
 CAPTRUST FINANCIAL ADVISORS RIA/Wealth | $2.7M 0.01% of portfolio |
B BENJAMIN EDWARDS INC Institution | $2.2M 0.02% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $2.0M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for FAAR in Q3 2025
- Traded
- +$760.6K
- Buyers
- 30
- Sellers
- 24
- Total Bought
- +$6.0M
- Total Sold
- −$5.2M
- Avg Position
- $1.2M
Biggest Buyers
| Institution | Net Bought |
|---|---|
L LPL Financial LLC Institution | +$1.4M +46.1K shares |
Cetera Investment Advisers RIA/Wealth | +$1.4M +44.8K shares |
FIRST TRUST ADVISORS LP ETF Provider | +$844.8K +27.7K shares |
C Coppell Advisory Solutions LLC RIA/Wealth | +$583.0K +19.1K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$372.2K +12.2K shares |
B BENJAMIN EDWARDS INC Institution | +$307.9K +10.1K shares |
S STIFEL FINANCIAL CORP Long Only Manager | +$303.3K +10.0K shares |
 Sigma Planning Corp RIA/Wealth | +$232.7K +7.6K shares |
 IFP Advisors, Inc RIA/Wealth | +$97.6K +3.2K shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | +$90.9K +3.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 Simplicity Wealth,LLC RIA/Wealth | −$2.0M −66.6K shares |
CAPTRUST FINANCIAL ADVISORS RIA/Wealth | −$813.5K −26.7K shares |
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | −$659.0K −21.6K shares |
A Advisor Group Holdings, Inc. Institution | −$506.0K −16.7K shares |
 Envestnet Portfolio Solutions, Inc. Long Only Manager | −$338.4K −11.1K shares |
 BlueChip Wealth Advisors LLC RIA/Wealth | −$230.3K −7.6K shares |
 PFG Advisors RIA/Wealth | −$128.4K −4.2K shares |
 Change Path, LLC RIA/Wealth | −$98.1K −3.2K shares |
T TFB Advisors LLC RIA/Wealth | −$87.5K −2.9K shares |
 HARBOUR INVESTMENTS, INC. RIA/Wealth | −$67.8K −2.2K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited FAAR in Q3 2025
- New Positions
- 4
- New Value
- $18.4K
- Exited Positions
- 5
- Exited Value
- $35.7K
New Positions
| Institution | Position Value |
|---|---|
 CULLEN/FROST BANKERS, INC. Institution | $11.5K 378.0 shares |
A AMERIFLEX GROUP, INC. Institution | $6.8K 224.0 shares |
 CWM, LLC RIA/Wealth | - - shares |
F FLOW TRADERS U.S. LLC Institution | - - shares |
Exited Positions
| Institution | Previous Position |
|---|---|
 Sunbelt Securities, Inc. RIA/Wealth | $34.5K 1.2K shares |
 Transce3nd, LLC RIA/Wealth | $1.2K 43.0 shares |
CWM, LLC RIA/Wealth | - 370.0 shares |
F FLOW TRADERS U.S. LLC Institution | - 21.8K shares |
 MPWM ADVISORY SOLUTIONS, LLC RIA/Wealth | - - shares |
Options Activity
Institutions with the largest Call and Put options positions in FAAR as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with FAAR as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
C Coppell Advisory Solutions LLC RIA/Wealth | 0.95% $8.1M |
 Pinnacle Family Advisors, LLC Family Office | 0.39% $891.2K |
BlueChip Wealth Advisors LLC RIA/Wealth | 0.23% $533.2K |
 IAMS WEALTH MANAGEMENT, LLC RIA/Wealth | 0.22% $535.1K |
 MARIPAU WEALTH MANAGEMENT LLC RIA/Wealth | 0.12% $237.3K |
T TFB Advisors LLC RIA/Wealth | 0.12% $409.0K |
 Richmond Investment Services, LLC RIA/Wealth | 0.11% $581.2K |
 FSB PREMIER WEALTH MANAGEMENT, INC. RIA/Wealth | 0.10% $315.3K |
 1776 Wealth LLC RIA/Wealth | 0.10% $258.2K |
 Gateway Wealth Partners, LLC RIA/Wealth | 0.09% $698.1K |