FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
66 hedge funds and large institutions have $157M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 17 closing their positions.
5% more capital invested
Capital invested by funds: $150M → $157M (+$7.09M)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
12% less funds holding
Funds holding: 75 → 66 (-9)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.17M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.23M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.05M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$804K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.45M |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.28M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$809K |
| 5 |
Goldman Sachs
New York
|
-$707K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| – | -$21K | -1,727 | Closed |
|
|
EWM
77
EPG Wealth Management
Atlanta,
Georgia
| – | -$19K | -1,539 | Closed |
|
|
SF
78
Synovus Financial
Columbus,
Georgia
| – | -$4K | -293 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$2K | -169 | Closed |
|
|
CFD
80
Creative Financial Designs
Kokomo,
Indiana
| – | -$1K | -90 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
|
GRP
82
Global Retirement Partners
San Rafael,
California
| – | +$13 | +1 | +3% |
|
|
PFO
83
Pathstone Family Office
Englewood,
New Jersey
| – | +$889 | +68 | New |
|
FSD Hedge Fund Activity: Q2 2020 in Review
66 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q2 2020, worth a combined $157M — up 4.7% from $150M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FSD and 8 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $6.17M. The largest seller was Saba Capital Management, cutting an estimated $10.3M.
- 66 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q2 2020, down from 75 in Q1 2020.
- Funds reported $157M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q2 2020, up 4.7% quarter-over-quarter.
- 8 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q2 2020 and 17 closed out, a net change of -9 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q2 2020 was Morgan Stanley, an estimated $6.17M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q2 2020 was Saba Capital Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2020.