Cornerstone Advisors’s FIRST TRUST HIGH INCOME LONG/SHORT FUND FSD Stock Holding History

Cornerstone Advisors’s Portfolio FSD Stock Details FSD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-35,239	Closed	-$577K	–	244
2015 Q1	$577K	Sell	35,239 -11,600	-25%	-$188K	0.12%	167
2014 Q4	$749K	Hold	46,839	–	–	0.15%	172
2014 Q3	$800K	Hold	46,839	–	–	0.16%	160
2014 Q2	$850K	Sell	46,839 -4,100	-8%	-$73.5K	0.17%	161
2014 Q1	$903K	Buy	+50,939	New	+$897K	0.21%	139
2013 Q4	–	Sell	-61,159	Closed	-$1.07M	–	277
2013 Q3	$1.07M	Sell	61,159 -21,941	-26%	-$380K	0.35%	85
2013 Q2	$1.46M	Buy	+83,100	New	+$1.54M	0.57%	55

Other funds holding FSD

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

TAM

Third Avenue Management New York $616M AUM 45.6% 1-Year Est. Return

EVM

Eaton Vance Management Boston, Massachusetts $67.5B AUM 11.44% 1-Year Est. Return

COLIM

City of London Investment Management London, United Kingdom $1.38B AUM 42.43% 1-Year Est. Return

PRCM

Pine River Capital Management Minnetonka, Minnesota $32.9M AUM 4.47% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Cornerstone Advisors's FSD Position: Q2 2015 in Review

Cornerstone Advisors sold out of FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) in Q2 2015, closing a stake of 35,239 shares — an estimated $577K sold.

Cornerstone Advisors first reported a position in FSD in Q2 2013 and held it in 7 quarters. The position peaked at $1.46M in Q2 2013. 59 funds tracked by Wall St. Rank hold FSD as of Q2 2015.

Cornerstone Advisors reported no remaining FIRST TRUST HIGH INCOME LONG/SHORT FUND position as of Q2 2015 after selling out during the quarter.
Cornerstone Advisors sold 35,239 FIRST TRUST HIGH INCOME LONG/SHORT FUND shares in Q2 2015, an estimated $577K.
Cornerstone Advisors first reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND in Q2 2013 and held it in 7 quarters.
Cornerstone Advisors's FIRST TRUST HIGH INCOME LONG/SHORT FUND position peaked at $1.46M in Q2 2013.
59 funds tracked by Wall St. Rank held FIRST TRUST HIGH INCOME LONG/SHORT FUND as of Q2 2015.

Based on Cornerstone Advisors's 13F filing for Q2 2015, filed 11 Aug 2015.