Convergence Long/Short Equity ETF
CLSE
44 hedge funds and large institutions have $142M invested in Convergence Long/Short Equity ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
42% more funds holding
Funds holding: 31 → 44 (+13)
33% more capital invested
Capital invested by funds: $107M → $142M (+$35M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.22% less ownership
Funds ownership: 64.03% → 60.81% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$10.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.44M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.6M |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$1.96M |
| 5 |
AWM
Accurate Wealth Management
Wesley Chapel,
Florida
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
-$609K |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$457K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$304K |
| 4 |
Goldman Sachs
New York
|
-$203K |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$166K |
CLSE Hedge Fund Activity: Q4 2024 in Review
44 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q4 2024, worth a combined $142M — up 33% from $107M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CLSE positions and 3 closed out — a net gain of 13 holders — while 16 added to existing stakes and 5 trimmed.
The largest buyer was Mainstay Capital Management, adding an estimated $10.3M. The largest seller was Cary Street Partners Investment Advisory, exiting entirely with an estimated $609K sold.
- 44 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q4 2024, up from 31 in Q3 2024.
- Funds reported $142M of Convergence Long/Short Equity ETF stock for Q4 2024, up 33% quarter-over-quarter.
- 16 funds opened new Convergence Long/Short Equity ETF positions in Q4 2024 and 3 closed out, a net change of +13 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q4 2024 was Mainstay Capital Management, an estimated $10.3M added.
- The largest Convergence Long/Short Equity ETF seller in Q4 2024 was Cary Street Partners Investment Advisory, an estimated $609K sold.
Based on aggregated 13F filings for Q4 2024.