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FSD

FIRST TRUST HIGH INCOME LONG/SHORT FUND

Delisted

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

78 hedge funds and large institutions have $163M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

3% more funds holding

Funds holding: 7678 (+2)

11% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 28

29% less capital invested

Capital invested by funds: $230M → $163M (-$66.5M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
78
Holders Change
+2
Holders Change %
+2.63%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
13
Increased
25
Reduced
28
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
26
Jane Street
New York
$890K +$28K +2,383 +3%
LA
27
LM Advisors
California
$871K +$859K +72,986 New
SFS
28
Sowell Financial Services
Arkansas
$847K -$20K -1,700 -2%
POIA
29
Pin Oak Investment Advisors
Texas
$752K +$34K +2,890 +5%
Stifel Financial
30
Stifel Financial
Missouri
$727K +$11K +936 +2%
Wells Fargo
31
Wells Fargo
California
$640K -$12K -1,016 -2%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$599K -$22.9K -1,950 -4%
CP
33
Camelot Portfolios
Ohio
$591K -$464K -39,415 -44%
NA
34
NewEdge Advisors
Louisiana
$521K -$55.6K -4,723 -10%
Comerica Bank
35
Comerica Bank
Texas
$507K +$2.41K +205 +0.5%
Commonwealth Equity Services
36
Commonwealth Equity Services
Massachusetts
$413K -$15.2K -1,294 -4%
MC
37
Matisse Capital
Oregon
$405K
OC
38
Oppenheimer & Co
New York
$350K -$16.4K -1,390 -5%
LCM
39
Landscape Capital Management
New Jersey
$314K -$241K -20,498 -44%
KPWS
40
Kestra Private Wealth Services
Texas
$269K +$3.32K +282 +1%
Cetera Investment Advisers
41
Cetera Investment Advisers
Illinois
$267K +$101K +8,556 +62%
Janney Montgomery Scott
42
Janney Montgomery Scott
Pennsylvania
$264K -$276K -23,423 -51%
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
$254K -$47.1K -4,000 -16%
FFA
44
Founders Financial Alliance
North Carolina
$251K +$11.6K +986 +5%
Mariner
45
Mariner
Kansas
$247K -$9.21K -783 -4%
SWM
46
SeaCrest Wealth Management
New York
$228K +$5.01K +426 +2%
HNWAG
47
High Net Worth Advisory Group
Florida
$220K +$26.1K +2,216 +14%
NAS
48
NWF Advisory Services
California
$217K
WI
49
Wintrust Investments
Illinois
$196K -$2.53K -215 -1%
WS
50
Wedbush Securities
California
$194K -$1.79K -152 -0.9%

FSD Hedge Fund Activity: Q1 2024 in Review

78 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q1 2024, worth a combined $163M — down 29% from $230M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FSD positions and 10 closed out — a net gain of 3 holders — while 25 added to existing stakes and 28 trimmed.

The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $5.9M. The largest seller was Morgan Stanley, cutting an estimated $67.3M.

  • 78 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q1 2024, up from 76 in Q4 2023.
  • Funds reported $163M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q1 2024, down 29% quarter-over-quarter.
  • 13 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q1 2024 and 10 closed out, a net change of +3 holders.
  • The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q1 2024 was Absolute Investment Advisers, an estimated $5.9M added.
  • The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q1 2024 was Morgan Stanley, an estimated $67.3M sold.

Based on aggregated 13F filings for Q1 2024.