Convergence Long/Short Equity ETF
CLSE
21 hedge funds and large institutions have $96.1M invested in Convergence Long/Short Equity ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and closing their positions.
17,316% more capital inflows, than outflows
Capital inflows: $57.2M | Capital outflows: $329K
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
50% more funds holding
Funds holding: 14 → 21 (+7)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29.72% less ownership
Funds ownership: 93.38% → 63.66% (-30%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$43.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.99M |
| 3 |
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$3.77M |
| 4 |
Good Life Advisors
Reading,
Pennsylvania
|
+$2.02M |
| 5 |
Archford Capital Strategies
Swansea,
Illinois
|
+$950K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Riverwater Partners
Milwaukee,
Wisconsin
|
-$270K |
| 2 |
Mariner
Overland Park,
Kansas
|
-$58.9K |
CLSE Hedge Fund Activity: Q2 2024 in Review
21 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q2 2024, worth a combined $96.1M — up 165% from $36.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CLSE positions and 0 closed out — a net gain of 8 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $43.2M. The largest seller was Riverwater Partners, cutting an estimated $270K.
- 21 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q2 2024, up from 14 in Q1 2024.
- Funds reported $96.1M of Convergence Long/Short Equity ETF stock for Q2 2024, up 165% quarter-over-quarter.
- 8 funds opened new Convergence Long/Short Equity ETF positions in Q2 2024 and 0 closed out, a net change of +8 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q2 2024 was Mainstay Capital Management, an estimated $43.2M added.
- The largest Convergence Long/Short Equity ETF seller in Q2 2024 was Riverwater Partners, an estimated $270K sold.
Based on aggregated 13F filings for Q2 2024.