FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
59 hedge funds and large institutions have $178M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 13 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
0% less capital invested
Capital invested by funds: $178M → $178M (-$469K)
12% less funds holding
Funds holding: 67 → 59 (-8)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$3.82M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.9M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$1.58M |
| 4 |
Morgan Stanley
New York
|
+$1.56M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.53M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.42M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.13M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$642K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$577K |
FSD Hedge Fund Activity: Q2 2015 in Review
59 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q2 2015, worth a combined $178M — down 0.26% from $178M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FSD and 6 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 22 added.
The largest buyer was Bessemer Group, opening a new position worth an estimated $3.82M. The largest seller was Wolverine Asset Management, cutting an estimated $1.53M.
- 59 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q2 2015, down from 67 in Q1 2015.
- Funds reported $178M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q2 2015, down 0.26% quarter-over-quarter.
- 6 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q2 2015 and 13 closed out, a net change of -7 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q2 2015 was Bessemer Group, an estimated $3.82M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q2 2015 was Wolverine Asset Management, an estimated $1.53M sold.
Based on aggregated 13F filings for Q2 2015.