Who owns First Trust Multi-Strategy Alternative ETF?
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
Institutional ownership of LALT from SEC Form 13F filings across 72 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.
As of the 2026-06-30 reporting period, 72 institutions disclosed 10.6M shares of First Trust Multi-Strategy Alternative ETF worth $255.3M — about 81.2% of shares outstanding; the largest disclosed holder is ENVESTNET ASSET MANAGEMENT INC. Source: SEC Form 13F filings, parsed by EvidInvest.
72
13F holders
$255.3M
value, 2026 filers
81.2%
of shares outstanding (10.6M sh)
47
new positions (2026 filers)
Top institutional holders
ordered by shares owned · positions as of 2026-06-30 · % of fund = share of the manager's own book · % of co. = share of LALT's shares outstanding
| # | Manager | Shares | Value | % of fund | % of co. | Δ shares QoQ |
|---|---|---|---|---|---|---|
| 1 | ENVESTNET ASSET MANAGEMENT INC | 2.0M | $49.2M | 0.0% | 15.6% | +1715.5% |
| 2 | LPL Financial LLC | 2.0M | $48.3M | 0.0% | 15.3% | +22476.1% |
| 3 | Cetera Investment Advisers | 883,878 | $21.2M | 0.0% | 6.7% | +933.8% |
| 4 | Tidemark, LLCNEW | 630,529 | $15.2M | 3.4% | 4.8% | new |
| 5 | ASSETMARK, INCNEW | 561,551 | $13.5M | 0.0% | 4.3% | new |
| 6 | BENJAMIN EDWARDS INCNEW | 546,672 | $13.1M | 0.1% | 4.2% | new |
| 7 | ROYAL BANK OF CANADA | 463,459 | $11.1M | 0.0% | 3.5% | +50.3% |
| 8 | Bank of New York Mellon CorpNEW | 291,220 | $7.0M | 0.0% | 2.2% | new |
| 9 | Orion Porfolio Solutions, LLCNEW | 231,185 | $5.6M | 0.0% | 1.8% | new |
| 10 | COMMONWEALTH EQUITY SERVICES, LLC | 230,576 | $5.5M | 0.0% | 1.8% | +4.4% |
| 11 | Gateway Wealth Partners, LLCNEW | 213,678 | $5.1M | 0.3% | 1.6% | new |
| 12 | Janney Montgomery Scott LLCNEW | 208,732 | $5.0M | 0.0% | 1.6% | new |
| 13 | OSAIC HOLDINGS, INC. | 200,747 | $4.8M | 0.0% | 1.5% | +192.9% |
| 14 | Hobart Private Capital, LLCNEW | 186,939 | $4.5M | 0.8% | 1.4% | new |
| 15 | CreativeOne Wealth, LLC | 179,571 | $4.3M | 0.1% | 1.4% | +3.1% |
| 16 | New England Private Wealth Advisors LLCNEW | 123,254 | $3.0M | 0.3% | 0.9% | new |
| 17 | Farther Finance Advisors, LLC | 118,050 | $2.8M | 0.0% | 0.9% | +55.0% |
| 18 | PARK AVENUE SECURITIES LLCNEW | 115,163 | $2.8M | 0.0% | 0.9% | new |
| 19 | Holistic Financial Partners | 107,034 | $2.6M | 1.6% | 0.8% | -69.8% |
| 20 | Midwest Financial Group LLCNEW | 103,963 | $2.5M | 0.9% | 0.8% | new |
| 21 | Sanctuary Advisors, LLC | 102,068 | $2.5M | 0.0% | 0.8% | +125.5% |
| 22 | EVOLUTION WEALTH MANAGEMENT INC.NEW | 88,219 | $2.1M | 1.2% | 0.7% | new |
| 23 | IFP Advisors, IncNEW | 87,134 | $2.1M | 0.0% | 0.7% | new |
| 24 | Atria Investments, IncNEW | 70,993 | $1.7M | 0.0% | 0.5% | new |
| 25 | Van Diest Capital, LLC | 60,748 | $1.5M | 1.3% | 0.5% | +1.3% |
Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation. Research, not investment advice.