FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
71 hedge funds and large institutions have $178M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 22 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
20% more funds holding
Funds holding: 59 → 71 (+12)
11% more capital invested
Capital invested by funds: $160M → $178M (+$17.7M)
23% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.5M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$10.4M |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$9.43M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.27M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$11.9M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.88M |
| 3 |
Goldman Sachs
New York
|
-$1.88M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.55M |
| 5 |
SCM
Saba Capital Management
New York
|
-$1.44M |
FSD Hedge Fund Activity: Q4 2015 in Review
71 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q4 2015, worth a combined $178M — up 11% from $160M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FSD positions and 7 closed out — a net gain of 12 holders — while 17 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.5M. The largest seller was Third Avenue Management, exiting entirely with an estimated $11.9M sold.
- 71 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q4 2015, up from 59 in Q3 2015.
- Funds reported $178M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q4 2015, up 11% quarter-over-quarter.
- 19 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q4 2015 and 7 closed out, a net change of +12 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q4 2015 was Morgan Stanley, an estimated $14.5M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q4 2015 was Third Avenue Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q4 2015.