FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
75 hedge funds and large institutions have $157M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 11 reducing their positions, and 11 closing their positions.
209% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 11
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
12% more funds holding
Funds holding: 67 → 75 (+8)
4% more capital invested
Capital invested by funds: $151M → $157M (+$5.59M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.25M |
| 2 |
BlackRock
New York
|
+$3.04M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.98M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.88M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$12.8M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$5.5M |
| 3 |
Morgan Stanley
New York
|
-$1.52M |
| 4 |
Millennium Management
New York
|
-$974K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$531K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VIA
76
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$5.5M | -363,367 | Closed |
|
|
OFG
77
OTA Financial Group
Purchase,
New York
| – | -$402K | -26,740 | Closed |
|
78
Stifel Financial
St. Louis,
Missouri
| – | -$335K | -22,238 | Closed |
|
79
Walleye Trading
New York
| – | -$250K | -16,600 | Closed |
|
|
WAM
80
Weiss Asset Management
Boston,
Massachusetts
| – | -$206K | -13,717 | Closed |
|
81
Goldman Sachs
New York
| – | -$165K | -10,950 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$74K | -4,930 | Closed |
|
|
SPIA
83
Steward Partners Investment Advisory
New York
| – | -$72K | -4,848 | Closed |
|
|
SWP
84
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$64K | -4,275 | Closed |
|
|
IWM
85
IHT Wealth Management
Chicago,
Illinois
| – | -$7K | -469 | Closed |
|
86
JP Morgan Chase
New York
| – | +$30 | +2 | New |
|
FSD Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q2 2018, worth a combined $157M — up 3.7% from $151M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FSD positions and 11 closed out — a net gain of 8 holders — while 34 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $3.25M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $12.8M sold.
- 75 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q2 2018, up from 67 in Q1 2018.
- Funds reported $157M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q2 2018, up 3.7% quarter-over-quarter.
- 19 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q2 2018 and 11 closed out, a net change of +8 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q2 2018 was Shaker Financial Services, an estimated $3.25M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q2 2018 was Eaton Vance Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2018.