First Trust Multi-Strategy Alternative ETF (LALT)

Market Cap: $10.5M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

600% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 1

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

30% more capital invested

Capital invested by funds: $6.07M [Q1] → $7.88M (+$1.81M) [Q2]

20% more funds holding

Funds holding: 10 [Q1] → 12 (+2) [Q2]

2.37% less ownership

Funds ownership: 97.63% [Q1] → 95.26% (-2.37%) [Q2]