First Trust Multi-Strategy Alternative ETF (LALT)
ETF ยท NYSE Arca
First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund listed on NYSE Arca, where it has traded since January 31, 2023.
- Type
- Exchange-traded fund
- Listed On
- NYSE Arca
- Listed Since
- January 31, 2023
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 73 institutions reported holding LALT, with 10.6 million shares worth $255.3 million in aggregate. The largest reported holder was Envestnet Asset Management, with 2.0 million shares worth $49.2 million. Of the 5 largest holders listed below, 2 opened new positions in LALT and 3 added shares during the quarter.
| Institution | Shares | Value | Quarter change |
|---|---|---|---|
| Envestnet Asset Management | 2,046,864 | $49M | Added 1715.48% |
| Lpl Financial | 2,009,723 | $48M | Added 22476.08% |
| Cetera Investment Advisers | 883,878 | $21M | Added 933.76% |
| Tidemark | 630,529 | $15M | New position |
| Assetmark | 561,551 | $13M | New position |
Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.
Frequently asked questions
What is LALT?
First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund listed on NYSE Arca, where it has traded since January 31, 2023.
Who are the largest institutional holders of LALT?
In 13F filings for the quarter ended June 30, 2026, the largest reported holders of LALT were Envestnet Asset Management, Lpl Financial and Cetera Investment Advisers.
How many institutions own LALT?
73 institutions reported a position in LALT for the quarter ended June 30, 2026, worth $255.3 million in total.
Did institutions buy or sell LALT last quarter?
Of the 5 largest reported holders, 2 opened new positions in LALT and 3 added shares during the quarter. Every reported holder and its change is on the SentiSense ownership page for LALT.
Every reported institutional holder, plus insider and congressional trades in LALT, on SentiSense.