FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
62 hedge funds and large institutions have $143M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 7 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $139M → $143M (+$3.83M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 65 → 62 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Americana Partners
Houston,
Texas
|
+$2.17M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.14M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$524K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$242K |
| 5 |
KIG
Kennedy Investment Group
West Depford,
New Jersey
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.26M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$515K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$375K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$312K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$220K |
FSD Hedge Fund Activity: Q2 2023 in Review
62 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q2 2023, worth a combined $143M — up 2.8% from $139M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FSD and 5 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Americana Partners, adding an estimated $2.17M. The largest seller was Morgan Stanley, cutting an estimated $2.26M.
- 62 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q2 2023, down from 65 in Q1 2023.
- Funds reported $143M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q2 2023, up 2.8% quarter-over-quarter.
- 5 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q2 2023 and 7 closed out, a net change of -2 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q2 2023 was Americana Partners, an estimated $2.17M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q2 2023 was Morgan Stanley, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2023.