FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
73 hedge funds and large institutions have $164M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 11 closing their positions.
4% more capital invested
Capital invested by funds: $157M → $164M (+$6.95M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 75 → 73 (-2)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.89M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$5.71M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.35M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.56M |
| 5 |
Citigroup
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.74M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.11M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.81M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$1.49M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$429K | -29,095 | Closed |
|
77
Millennium Management
New York
| – | -$270K | -18,300 | Closed |
|
|
AAM
78
Advisors Asset Management
Monument,
Colorado
| – | -$239K | -16,198 | Closed |
|
|
AAM
79
American Asset Management
Boca Raton,
Florida
| – | -$229K | -15,529 | Closed |
|
80
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$153K | -10,416 | Closed |
|
|
CF
81
Centaurus Financial
Anaheim,
California
| – | -$52K | -3,512 | Closed |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$8K | -573 | Closed |
|
|
BCA
83
Bay Colony Advisors
Concord,
Massachusetts
| – | -$5K | -373 | Closed |
|
FSD Hedge Fund Activity: Q3 2018 in Review
73 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2018, worth a combined $164M — up 4.4% from $157M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FSD and 9 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was Invesco, adding an estimated $6.89M. The largest seller was Curi RMB Capital, cutting an estimated $2.74M.
- 73 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2018, down from 75 in Q2 2018.
- Funds reported $164M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2018, up 4.4% quarter-over-quarter.
- 9 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2018 and 11 closed out, a net change of -2 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2018 was Invesco, an estimated $6.89M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2018 was Curi RMB Capital, an estimated $2.74M sold.
Based on aggregated 13F filings for Q3 2018.