FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
68 hedge funds and large institutions have $170M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
17% more funds holding
Funds holding: 58 → 68 (+10)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
6% less capital invested
Capital invested by funds: $180M → $170M (-$10.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$6.98M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.94M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$4.01M |
| 4 |
SG Americas Securities
New York
|
+$2.45M |
| 5 |
TAM
Third Avenue Management
New York
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$14M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$6.34M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.65M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.33M |
| 5 |
Morgan Stanley
New York
|
-$1.14M |
FSD Hedge Fund Activity: Q4 2014 in Review
68 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q4 2014, worth a combined $170M — down 5.6% from $180M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FSD positions and 6 closed out — a net gain of 11 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $6.98M. The largest seller was Camelot Portfolios, exiting entirely with an estimated $14M sold.
- 68 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q4 2014, up from 58 in Q3 2014.
- Funds reported $170M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q4 2014, down 5.6% quarter-over-quarter.
- 17 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q4 2014 and 6 closed out, a net change of +11 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q4 2014 was Eaton Vance Management, an estimated $6.98M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q4 2014 was Camelot Portfolios, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2014.