Convergence Long/Short Equity ETF
CLSE
8 hedge funds and large institutions have $21.6M invested in Convergence Long/Short Equity ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
63% more capital invested
Capital invested by funds: $13.2M → $21.6M (+$8.38M)
33% more funds holding
Funds holding: 6 → 8 (+2)
15.93% more ownership
Funds ownership: 50.71% → 66.64% (+16%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$4.49M |
| 2 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$2.87M |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$264K |
| 4 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$211K |
| 2 |
Mariner
Overland Park,
Kansas
|
-$24K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.52K |
| 4 |
LPL Financial
San Diego,
California
|
-$7.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
1
Riverwater Partners
Milwaukee,
Wisconsin
| $11.7M | +$184K | +10,969 | +2% |
|
|
2
Creative Planning
Overland Park,
Kansas
| $4.56M | +$4.49M | +267,484 | New |
|
|
FHA
3
Flagship Harbor Advisors
Boston,
Massachusetts
| $2.92M | +$2.87M | +170,949 | New |
|
|
4
Mariner
Overland Park,
Kansas
| $1.74M | -$24K | -1,429 | -1% |
|
|
5
LPL Financial
San Diego,
California
| $410K | -$7.5K | -447 | -2% |
|
|
BAM
6
Belpointe Asset Management
Reno,
Nevada
| $268K | +$264K | +15,736 | New |
|
|
PA
7
Parallel Advisors
San Francisco,
California
| $3.55K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $426 | -$7.52K | -448 | -95% |
|
|
HI
9
Harbour Investments
Madison,
Wisconsin
| – | -$211K | -13,032 | Closed |
|
CLSE Hedge Fund Activity: Q4 2023 in Review
8 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q4 2023, worth a combined $21.6M — up 63% from $13.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CLSE positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Creative Planning, opening a new position worth an estimated $4.49M. The largest seller was Harbour Investments, exiting entirely with an estimated $211K sold.
- 8 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q4 2023, up from 6 in Q3 2023.
- Funds reported $21.6M of Convergence Long/Short Equity ETF stock for Q4 2023, up 63% quarter-over-quarter.
- 3 funds opened new Convergence Long/Short Equity ETF positions in Q4 2023 and 1 closed out, a net change of +2 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q4 2023 was Creative Planning, an estimated $4.49M added.
- The largest Convergence Long/Short Equity ETF seller in Q4 2023 was Harbour Investments, an estimated $211K sold.
Based on aggregated 13F filings for Q4 2023.