Convergence Long/Short Equity ETF
CLSE
7 hedge funds and large institutions have $13.7M invested in Convergence Long/Short Equity ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
2% more capital invested
Capital invested by funds: $13.4M → $13.7M (+$291K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.45% less ownership
Funds ownership: 54.66% → 54.21% (-0.45%)
22% less funds holding
Funds holding: 9 → 7 (-2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$109K |
| 2 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
+$60.9K |
| 3 |
FCAG
First Capital Advisors Group
Little Silver,
New Jersey
|
+$29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
-$249K |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$109K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$53.7K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$44.7K |
| 5 |
LPL Financial
San Diego,
California
|
-$14.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
1
Riverwater Partners
Milwaukee,
Wisconsin
| $11.1M | +$60.9K | +4,019 | +0.6% |
|
|
2
Mariner
Overland Park,
Kansas
| $1.68M | +$109K | +7,202 | +7% |
|
|
HI
3
Harbour Investments
Madison,
Wisconsin
| $364K | -$109K | -7,161 | -24% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $299K | -$53.7K | -3,542 | -16% |
|
|
5
LPL Financial
San Diego,
California
| $204K | -$14.1K | -927 | -7% |
|
|
FCAG
6
First Capital Advisors Group
Little Silver,
New Jersey
| $30.3K | +$29K | +1,915 | New |
|
|
PA
7
Parallel Advisors
San Francisco,
California
| $3.29K | – | – | – |
|
|
IA
8
Insight Advisors
Newtown,
Pennsylvania
| – | -$249K | -16,403 | Closed |
|
|
FFA
9
Farther Finance Advisors
San Francisco,
California
| – | -$44.7K | -2,951 | Closed |
|
10
UBS Group
Zurich,
Switzerland
| – | -$4.64K | -306 | Closed |
|
CLSE Hedge Fund Activity: Q2 2023 in Review
7 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q2 2023, worth a combined $13.7M — up 2.2% from $13.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CLSE and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Mariner, adding an estimated $109K. The largest seller was Insight Advisors, exiting entirely with an estimated $249K sold.
- 7 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q2 2023, down from 9 in Q1 2023.
- Funds reported $13.7M of Convergence Long/Short Equity ETF stock for Q2 2023, up 2.2% quarter-over-quarter.
- 1 fund opened new Convergence Long/Short Equity ETF positions in Q2 2023 and 3 closed out, a net change of -2 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q2 2023 was Mariner, an estimated $109K added.
- The largest Convergence Long/Short Equity ETF seller in Q2 2023 was Insight Advisors, an estimated $249K sold.
Based on aggregated 13F filings for Q2 2023.