Convergence Long/Short Equity ETF
CLSE
8 hedge funds and large institutions have $13.8M invested in Convergence Long/Short Equity ETF in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
17% more capital invested
Capital invested by funds: $11.8M → $13.8M (+$1.97M)
14% more funds holding
Funds holding: 7 → 8 (+1)
6.91% more ownership
Funds ownership: 53.36% → 60.26% (+6.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$936K |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$829K |
| 3 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
+$280K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$2.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
-$357K |
| 2 |
Jane Street
New York
|
-$306K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$72.6K |
| 4 |
LPL Financial
San Diego,
California
|
-$9.93K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
1
Riverwater Partners
Milwaukee,
Wisconsin
| $9.85M | -$357K | -24,086 | -3% |
|
|
2
Mariner
Overland Park,
Kansas
| $1.49M | +$2.65K | +179 | +0.2% |
|
|
HI
3
Harbour Investments
Madison,
Wisconsin
| $1.02M | +$829K | +55,923 | +411% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $928K | +$936K | +63,154 | New |
|
|
IA
5
Insight Advisors
Newtown,
Pennsylvania
| $276K | +$280K | +18,870 | New |
|
|
6
LPL Financial
San Diego,
California
| $234K | -$9.93K | -670 | -4% |
|
|
7
UBS Group
Zurich,
Switzerland
| $5.91K | -$72.6K | -4,901 | -92% |
|
|
PA
8
Parallel Advisors
San Francisco,
California
| $3.06K | – | – | – |
|
|
9
Jane Street
New York
| – | -$306K | -22,083 | Closed |
|
CLSE Hedge Fund Activity: Q4 2022 in Review
8 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q4 2022, worth a combined $13.8M — up 17% from $11.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CLSE positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $936K. The largest seller was Riverwater Partners, cutting an estimated $357K.
- 8 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q4 2022, up from 7 in Q3 2022.
- Funds reported $13.8M of Convergence Long/Short Equity ETF stock for Q4 2022, up 17% quarter-over-quarter.
- 2 funds opened new Convergence Long/Short Equity ETF positions in Q4 2022 and 1 closed out, a net change of +1 holder.
- The largest Convergence Long/Short Equity ETF buyer in Q4 2022 was Envestnet Asset Management, an estimated $936K added.
- The largest Convergence Long/Short Equity ETF seller in Q4 2022 was Riverwater Partners, an estimated $357K sold.
Based on aggregated 13F filings for Q4 2022.