FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
58 hedge funds and large institutions have $180M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 6 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
3% more capital invested
Capital invested by funds: $176M → $180M (+$4.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 59 → 58 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$10.5M |
| 2 |
Morgan Stanley
New York
|
+$3.87M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.01M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.46M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$7.38M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.47M |
| 3 |
EML
Eos Management LP
New York
|
-$1.19M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.1M |
| 5 |
SG Americas Securities
New York
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
51
Regal Investment Advisors
Kentwood,
Michigan
| $43K | – | – | – |
|
|
WEC
52
Winslow Evans & Crocker
Boston,
Massachusetts
| $36.6K | – | – | – |
|
53
US Bancorp
Minneapolis,
Minnesota
| $34K | -$10.6K | -604 | -23% |
|
54
Fifth Third Bancorp
Cincinnati,
Ohio
| $23K | – | – | – |
|
|
LTFS
55
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | +$421 | +24 | +2% |
|
|
FANJ
56
Financial Architects (New Jersey)
Marlton,
New Jersey
| $5K | +$5.09K | +290 | New |
|
57
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
|
MA
58
MUFG Americas
New York
| $1K | – | – | – |
|
|
EVM
59
Eaton Vance Management
Boston,
Massachusetts
| – | -$7.38M | -406,604 | Closed |
|
|
MIG
60
Mariner Investment Group
Harrison,
New York
| – | -$1.47M | -81,100 | Closed |
|
|
61
SG Americas Securities
New York
| – | -$1M | -55,351 | Closed |
|
|
BFEC
62
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$18K | -1,000 | Closed |
|
63
First Manhattan
New York
| – | -$18K | -1,000 | Closed |
|
64
Citigroup
New York
| – | -$8K | -427 | Closed |
|
FSD Hedge Fund Activity: Q3 2014 in Review
58 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2014, worth a combined $180M — up 2.6% from $176M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FSD and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 26 added.
The largest buyer was Camelot Portfolios, adding an estimated $10.5M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $7.38M sold.
- 58 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2014, down from 59 in Q2 2014.
- Funds reported $180M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2014, up 2.6% quarter-over-quarter.
- 5 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2014 and 6 closed out, a net change of -1 holder.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2014 was Camelot Portfolios, an estimated $10.5M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2014 was Eaton Vance Management, an estimated $7.38M sold.
Based on aggregated 13F filings for Q3 2014.