Who Owns First Trust Multi-Strategy Alternative ETF (LALT)?Hedge Fund & Institutional Holders
Institutional Holders
19
as of Q4 2025
Total Institutional Value
$7.46500040000004e+59T
% of Float Held
—
QoQ Change in Holders
+8 / -0
Price History
LALT — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC | New Position | +215K | +$4.0B |
| Holistic Financial Partners | Increased | +65K | +$1.5B |
| OneDigital Investment Advisors LLC | New Position | +47K | +$1.0B |
| Farther Finance Advisors, LLC | Increased | +31K | +$705.1M |
| ARBOR CAPITAL MANAGEMENT INC /ADV | New Position | +22K | +$501.0M |
| ROYAL BANK OF CANADA | Increased | +22K | +$19.0M |
| Van Diest Capital, LLC | New Position | +61K | +$1.4M |
| Signature Equity Partners, LLC | New Position | +737 | +$16K |
| ENVESTNET ASSET MANAGEMENT INC | New Position | +22K | +$0 |
| CITADEL ADVISORS LLC | New Position | +19K | +$0 |
| Kestra Advisory Services, LLC | New Position | +3K | +$0 |
| OSAIC HOLDINGS, INC. | Increased | +28K | +$-180.1M |
| CreativeOne Wealth, LLC | Increased | +2K | +$-845.8M |
LALT — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Cetera Investment Advisers | Decreased | -291 | -$1.7B |
| Dynamic Advisor Solutions LLC | Decreased | -640 | -$312.6M |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | Holistic Financial Partners | 327,566 | $7.5B | 2.71% | Share |
| 2 | ROYAL BANK OF CANADA | 196,414 | $4.0B | 0.65% | Share |
| 3 | COMMONWEALTH EQUITY SERVICES, LLC | 215,240 | $4.0B | 5.33% | Share |
| 4 | CreativeOne Wealth, LLC | 170,737 | $3.0B | 0.07% | Share |
| 5 | OneDigital Investment Advisors LLC | 47,005 | $1.0B | 9.80% | Share |
| 6 | Farther Finance Advisors, LLC | 41,324 | $941.0M | 10.08% | Share |
| 7 | ARBOR CAPITAL MANAGEMENT INC /ADV | 21,853 | $501.0M | 0.42% | Share |
| 8 | Van Diest Capital, LLC | 61,373 | $1.4M | 2.09% | Share |
| 9 | Cetera Investment Advisers | 75,573 | $1.0M | 0.00% | Share |
| 10 | Dynamic Advisor Solutions LLC | 13,090 | $298K | 0.01% | Share |
| 11 | Signature Equity Partners, LLC | 737 | $16K | 0.01% | Share |
| 12 | HARBOUR INVESTMENTS, INC. | 460 | $10K | 0.00% | Share |
| 13 | OSAIC HOLDINGS, INC. | 34,055 | $0 | 0.00% | Share |
| 14 | OSAIC HOLDINGS, INC. | 2,204 | $0 | 0.00% | Share |
| 15 | ENVESTNET ASSET MANAGEMENT INC | 22,390 | $0 | 0.00% | Share |
| 16 | Kestra Advisory Services, LLC | 2,956 | $0 | 0.00% | Share |
| 17 | Steward Partners Investment Advisory, LLC | 1,002 | $0 | 0.00% | Share |
| 18 | CITADEL ADVISORS LLC | 18,795 | $0 | 0.00% | Share |
| 19 | MORGAN STANLEY | 1 | $0 | 0.00% | Share |
LALT Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 18 | $20.9B | +8 |
| Q3 2025 | 10 | $16.3B | -2 |
| Q2 2025 | 12 | $15.9B | -3 |
| Q1 2025 | 15 | $15.6B | +2 |
| Q4 2024 | 13 | $11.3B | +2 |
| Q3 2024 | 11 | $1.9T | -1 |
| Q2 2024 | 12 | $1.3T | +3 |
| Q1 2024 | 9 | $1.2T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 19 institutional investors hold LALT (First Trust Multi-Strategy Alternative ETF). The largest holder is Holistic Financial Partners with $7.5B in shares. This quarter, 8 institutions opened new positions and 0 closed their positions.
Frequently Asked Questions
How many hedge funds own LALT?
As of Q4 2025, 19 institutional investors report holding LALT (First Trust Multi-Strategy Alternative ETF) in their 13F filings.
Who is the largest institutional holder of LALT?
The largest institutional holder of LALT is Holistic Financial Partners with $7.5B in shares.
Is institutional ownership of LALT increasing or decreasing?
This quarter, 8 institutions opened new positions in LALT and 0 closed their positions.