FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
67 hedge funds and large institutions have $178M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 12 closing their positions.
5% more capital invested
Capital invested by funds: $170M → $178M (+$8.39M)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
1% less funds holding
Funds holding: 68 → 67 (-1)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.61M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.94M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.09M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.6M |
| 5 |
Citigroup
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$3.51M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.59M |
| 3 |
SCM
Saba Capital Management
New York
|
-$2.09M |
| 4 |
SG Americas Securities
New York
|
-$2.09M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.17M |
FSD Hedge Fund Activity: Q1 2015 in Review
67 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q1 2015, worth a combined $178M — up 4.9% from $170M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FSD and 11 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $5.61M. The largest seller was Mariner Investment Group, cutting an estimated $3.51M.
- 67 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q1 2015, down from 68 in Q4 2014.
- Funds reported $178M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q1 2015, up 4.9% quarter-over-quarter.
- 11 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q1 2015 and 12 closed out, a net change of -1 holder.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q1 2015 was Morgan Stanley, an estimated $5.61M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q1 2015 was Mariner Investment Group, an estimated $3.51M sold.
Based on aggregated 13F filings for Q1 2015.