We are live on ! Find out more
FSD

FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD

Delisted

FSD was delisted on the 19th of July, 2024.

Back to rankings

56 hedge funds and large institutions have $191M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $178M → $191M (+$12.6M)

11% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 19

21% less funds holding

Funds holding: 71 → 56 (-15)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

83% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 18

Holders
56
Holders Change
-15
Holders Change %
-21.13%
% of All Funds
1.49%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
3
Increased
17
Reduced
19
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$12.5M
2
Morgan Stanley
Morgan Stanley
New York
+$5.24M
3
Citigroup
Citigroup
New York
+$1.1M
4
EM
EnTrustPermal Management
New York
+$1.1M
5
SFS
Shaker Financial Services
Virginia
+$630K

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$3.26M
2
AI
Atria Investments
North Carolina
-$1.84M
3
Bessemer Group
Bessemer Group
New Jersey
-$1.25M
4
UR
USCA RIA
Texas
-$950K
5
LCM
Landscape Capital Management
New Jersey
-$804K
Name Holding Trade Value Shares
Change 		Change in
Stake
LCM
26
Landscape Capital Management
New Jersey
$758K -$804K -57,828 -53%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$750K +$7.2K +518 +1%
Franklin Resources
28
Franklin Resources
California
$740K – – –
GC
29
Guggenheim Capital
Illinois
$699K +$103K +7,384 +18%
HFS
30
HL Financial Services
Kentucky
$677K -$33.2K -2,389 -5%
SFS
31
Shaker Financial Services
Virginia
$662K +$630K +45,305 New
TJHA
32
Thomas J. Herzfeld Advisors
Florida
$660K -$364K -26,200 -37%
CRC
33
Curi RMB Capital
Illinois
$649K -$390K -28,049 -39%
State of Wisconsin Investment Board
34
State of Wisconsin Investment Board
Wisconsin
$649K +$417K +30,000 +208%
WAM
35
Wolverine Asset Management
Illinois
$576K -$431K -31,026 -44%
Stifel Financial
36
Stifel Financial
Missouri
$448K +$104K +7,505 +32%
OC
37
Oppenheimer & Co
New York
$355K -$3.35K -241 -1%
CS
38
Credit Suisse
Switzerland
$351K – – –
RJT
39
Raymond James Trust
Florida
$269K – – –
GEM
40
Global Endowment Management
North Carolina
$234K – – –
Envestnet Asset Management
41
Envestnet Asset Management
Illinois
$211K +$200K +14,402 New
DWT
42
Dorsey & Whitney Trust
South Dakota
$197K +$27.8K +2,000 +17%
DA
43
Doliver Advisors
Texas
$197K +$187K +13,441 New
KSCM
44
Kamunting Street Capital Management
Florida
$183K – – –
AIG
45
American International Group
New York
$122K +$2.92K +210 +3%
EWM
46
Evercore Wealth Management
New York
$73K – – –
LTFS
47
Ladenburg Thalmann Financial Services
Florida
$61K -$320 -23 -0.5%
US Bancorp
48
US Bancorp
Minnesota
$29K – – –
Fifth Third Bancorp
49
Fifth Third Bancorp
Ohio
$20K – – –
VNA
50
Valley National Advisers
Pennsylvania
$19K – – –
1
2
3

FSD Hedge Fund Activity: Q1 2016 in Review

56 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 2016, worth a combined $191M — up 7.1% from $178M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FSD and 3 opened new positions — a net loss of 15 holders — while 19 trimmed existing stakes and 17 added.

The largest buyer was Saba Capital Management, adding an estimated $12.5M. The largest seller was Wells Fargo, cutting an estimated $3.26M.

  • 56 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q1 2016, down from 71 in Q4 2015.
  • Funds reported $191M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q1 2016, up 7.1% quarter-over-quarter.
  • 3 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q1 2016 and 18 closed out, a net change of -15 holders.
  • The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q1 2016 was Saba Capital Management, an estimated $12.5M added.
  • The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q1 2016 was Wells Fargo, an estimated $3.26M sold.

Based on aggregated 13F filings for Q1 2016.