Convergence Long/Short Equity ETF
CLSE
14 hedge funds and large institutions have $36.2M invested in Convergence Long/Short Equity ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 0 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
75% more funds holding
Funds holding: 8 → 14 (+6)
68% more capital invested
Capital invested by funds: $21.6M → $36.2M (+$14.6M)
16.24% less ownership
Funds ownership: 66.64% → 50.4% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Cottonwood Capital Advisors
Salt Lake City,
Utah
|
+$4.7M |
| 2 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$2.33M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.56M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$1.41M |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$2.49M |
| 2 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
-$384K |
CLSE Hedge Fund Activity: Q1 2024 in Review
14 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q1 2024, worth a combined $36.2M — up 68% from $21.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CLSE positions and 0 closed out — a net gain of 6 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Cottonwood Capital Advisors, opening a new position worth an estimated $4.7M. The largest seller was Creative Planning, cutting an estimated $2.49M.
- 14 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q1 2024, up from 8 in Q4 2023.
- Funds reported $36.2M of Convergence Long/Short Equity ETF stock for Q1 2024, up 68% quarter-over-quarter.
- 6 funds opened new Convergence Long/Short Equity ETF positions in Q1 2024 and 0 closed out, a net change of +6 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q1 2024 was Cottonwood Capital Advisors, an estimated $4.7M added.
- The largest Convergence Long/Short Equity ETF seller in Q1 2024 was Creative Planning, an estimated $2.49M sold.
Based on aggregated 13F filings for Q1 2024.