Convergence Long/Short Equity ETF
CLSE
31 hedge funds and large institutions have $107M invested in Convergence Long/Short Equity ETF in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
48% more funds holding
Funds holding: 21 → 31 (+10)
12% more capital invested
Capital invested by funds: $96.1M → $107M (+$11.1M)
0.38% more ownership
Funds ownership: 63.66% → 64.03% (+0.38%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.07M |
| 2 |
CCA
Cottonwood Capital Advisors
Salt Lake City,
Utah
|
+$1.09M |
| 3 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
+$896K |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$787K |
| 5 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
-$1.77M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$653K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$429K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$123K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$41.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Goldman Sachs
New York
| $203K | +$195K | +9,113 | New |
|
|
AF
27
Allworth Financial
Folsom,
California
| $144K | – | – | – |
|
28
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $22K | +$21.4K | +1,000 | New |
|
|
PTC
29
Private Trust Company
Cleveland,
Ohio
| $13.9K | – | – | – |
|
|
PA
30
Parallel Advisors
San Francisco,
California
| $4.63K | – | – | – |
|
|
VWM
31
Venturi Wealth Management
Austin,
Texas
| $4.45K | – | – | – |
|
|
32
Bank of America
Charlotte,
North Carolina
| – | -$41.2K | -1,922 | Closed |
|
CLSE Hedge Fund Activity: Q3 2024 in Review
31 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q3 2024, worth a combined $107M — up 12% from $96.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CLSE positions and 1 closed out — a net gain of 10 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.07M. The largest seller was Riverwater Partners, cutting an estimated $1.77M.
- 31 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q3 2024, up from 21 in Q2 2024.
- Funds reported $107M of Convergence Long/Short Equity ETF stock for Q3 2024, up 12% quarter-over-quarter.
- 11 funds opened new Convergence Long/Short Equity ETF positions in Q3 2024 and 1 closed out, a net change of +10 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q3 2024 was LPL Financial, an estimated $3.07M added.
- The largest Convergence Long/Short Equity ETF seller in Q3 2024 was Riverwater Partners, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2024.