Convergence Long/Short Equity ETF
CLSE
6 hedge funds and large institutions have $13.2M invested in Convergence Long/Short Equity ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
4% less capital invested
Capital invested by funds: $13.7M → $13.2M (-$502K)
3.5% less ownership
Funds ownership: 54.21% → 50.71% (-3.5%)
14% less funds holding
Funds holding: 7 → 6 (-1)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$185K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
-$471K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$299K |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$160K |
| 4 |
Mariner
Overland Park,
Kansas
|
-$45.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
1
Riverwater Partners
Milwaukee,
Wisconsin
| $10.9M | -$471K | -29,300 | -4% |
|
|
2
Mariner
Overland Park,
Kansas
| $1.68M | -$45.6K | -2,836 | -3% |
|
|
3
LPL Financial
San Diego,
California
| $396K | +$185K | +11,540 | +89% |
|
|
HI
4
Harbour Investments
Madison,
Wisconsin
| $211K | -$160K | -9,964 | -43% |
|
|
5
UBS Group
Zurich,
Switzerland
| $7.66K | +$7.6K | +473 | New |
|
|
PA
6
Parallel Advisors
San Francisco,
California
| $3.37K | – | – | – |
|
|
7
Envestnet Asset Management
Chicago,
Illinois
| – | -$299K | -18,934 | Closed |
|
CLSE Hedge Fund Activity: Q3 2023 in Review
6 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q3 2023, worth a combined $13.2M — down 3.7% from $13.7M a quarter earlier.
Fund positioning in CLSE was balanced in Q3 2023: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, adding an estimated $185K. The largest seller was Riverwater Partners, cutting an estimated $471K.
- 6 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q3 2023, down from 7 in Q2 2023.
- Funds reported $13.2M of Convergence Long/Short Equity ETF stock for Q3 2023, down 3.7% quarter-over-quarter.
- 1 fund opened new Convergence Long/Short Equity ETF positions in Q3 2023 and 1 closed out, a net change of 0 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q3 2023 was LPL Financial, an estimated $185K added.
- The largest Convergence Long/Short Equity ETF seller in Q3 2023 was Riverwater Partners, an estimated $471K sold.
Based on aggregated 13F filings for Q3 2023.