First Trust Exchange-Traded Fund VII - First Trust Alternative Absolute Return Strategy ETF
US ˙ NasdaqGM ˙ US33740Y1010

SecurityFAAR / First Trust Exchange-Traded Fund VII - First Trust Alternative Absolute Return Strategy ETF
InstitutionAE Wealth Management LLC
Latest Disclosed Ownership45,729 shares
Latest Disclosed Value $ 1,543,242
AE Wealth Management LLC reports 122.50% increase in ownership of FAAR / First Trust Exchange-Traded Fund VII - First Trust Alternative Absolute Return Strategy ETF

On May 13, 2026 - AE Wealth Management LLC filed a 13F-HR form disclosing ownership of 45,729 shares of First Trust Exchange-Traded Fund VII - First Trust Alternative Absolute Return Strategy ETF (US:FAAR) valued at $1,543,226 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 20,552 shares of First Trust Exchange-Traded Fund VII - First Trust Alternative Absolute Return Strategy ETF. This represents a change in shares of 122.50% during the quarter. The current value of the position is $1,545,640 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 45,729 25,177 122.50 1,543 177.52 0.0002
2026-01-26 2025-12-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 20,552 1,292 6.71 557 -5.12 0.0032
2025-11-03 2025-09-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 19,260 2,053 11.93 587 22.85 0.0037
2025-08-06 2025-06-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 17,207 -9,257 -34.98 477 -37.65 0.0035
2025-05-06 2025-03-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 26,464 -30,717 -53.72 765 -52.22 0.0064
2025-02-13 2024-12-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 57,181 1,976 3.58 1,602 4.23 0.0136
2024-11-14 2024-09-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 55,205 2,658 5.06 1,536 2.95 0.0139
2024-08-12 2024-06-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 52,547 23,241 79.30 1,493 76.99 0.0149
2024-05-15 2024-03-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 29,306 -202,801 -87.37 844 -86.96 0.0095
2024-02-14 2023-12-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 232,107 -131,610 -36.18 6,464 -38.07 0.0330
2023-10-11 2023-09-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 363,717 6,267 1.75 10,439 3.71 0.0624
2023-07-10 2023-06-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 357,450 24,689 7.42 10,066 1.84 0.0605
2023-04-14 2023-03-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 332,761 20,005 6.40 9,883 5.76 0.0636
2023-01-31 2022-12-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 312,756 276,923 772.82 9,345 738.87 0.0676
2022-10-25 2022-09-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 35,833 14,768 70.11 1,114 58.46 0.0088
2022-08-03 2022-06-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 21,065 3,721 21.45 703 19.76 0.0056
2022-04-18 2022-03-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 17,344 584 3.48 587 21.78 0.0040
2022-01-20 2021-12-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 16,760 2,347 16.28 482 9.30 0.0034
2021-11-01 2021-09-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 14,413 1,582 12.33 441 13.08 0.0036
2021-07-21 2021-06-30 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 12,831 -696 -5.15 390 0.00 0.0034
2021-04-27 2021-03-31 13F FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG 33740Y101 13,527 -1,378 -9.25 390 -4.18 0.0039
2021-02-01 2020-12-31 13F FIRST TR EXCHNG TRADED FD VI ALT ABSLT STRG 33740Y101 14,905 1,351 9.97 407 12.43 0.0046
2020-11-06 2020-09-30 13F FIRST TR EXCHNG TRADED FD VI ALT ABSLT STRG 33740Y101 13,554 -997 -6.85 362 -4.99 0.0052
2020-08-05 2020-06-30 13F FIRST TR EXCHNG TRADED FD VI ALT ABSLT STRG 33740Y101 14,551 787 5.72 381 9.17 0.0059
2020-05-07 2020-03-31 13F FIRST TR EXCHNG TRADED FD VI ALT ABSLT STRG 33740Y101 13,764 13,764 349 0.0080
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.