FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
52 hedge funds and large institutions have $138M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
16% more capital invested
Capital invested by funds: $120M → $138M (+$18.7M)
13% more funds holding
Funds holding: 46 → 52 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.38M |
| 3 |
TAM
Third Avenue Management
New York
|
+$2.88M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$2.77M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.63M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$1.13M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$944K |
| 4 |
LPL Financial
San Diego,
California
|
-$934K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$626K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| $6.82K | -$104 | -6 | -2% |
|
|
PMFA
52
Plante Moran Financial Advisors
Southfield,
Michigan
| $2K | – | – | – |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$274K | -15,786 | Closed |
|
|
SFS
54
Shaker Financial Services
Arlington,
Virginia
| – | -$208K | -11,857 | Closed |
|
|
PAS
55
Partnervest Advisory Services
Santa Barbara,
California
| – | -$176K | -10,000 | Closed |
|
|
WC
56
Whitnell & Co
Oak Brook,
Illinois
| – | -$2K | -95 | Closed |
|
FSD Hedge Fund Activity: Q3 2013 in Review
52 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2013, worth a combined $138M — up 16% from $120M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSD positions and 4 closed out — a net gain of 7 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.8M. The largest seller was Guggenheim Capital, cutting an estimated $4.63M.
- 52 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2013, up from 46 in Q2 2013.
- Funds reported $138M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2013, up 16% quarter-over-quarter.
- 11 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2013 and 4 closed out, a net change of +7 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2013 was Wells Fargo, an estimated $5.8M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2013 was Guggenheim Capital, an estimated $4.63M sold.
Based on aggregated 13F filings for Q3 2013.