FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
75 hedge funds and large institutions have $184M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
11% more capital invested
Capital invested by funds: $166M → $184M (+$17.8M)
7% more funds holding
Funds holding: 70 → 75 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.92M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.59M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$936K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$862K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.97M |
| 2 |
Morgan Stanley
New York
|
-$1.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$884K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$353K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
76
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$139K | -10,010 | Closed |
|
|
S
77
SignatureFD
Atlanta,
Georgia
| – | -$21K | -1,500 | Closed |
|
78
Barclays
London,
United Kingdom
| – | -$12K | -739 | Closed |
|
|
FFA
79
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$7K | -500 | Closed |
|
|
DI
80
Disciplined Investments
Tulsa,
Oklahoma
| – | -$5K | -337 | Closed |
|
|
WLPWM
81
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | -$369 | -26 | -49% |
|
FSD Hedge Fund Activity: Q4 2020 in Review
75 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q4 2020, worth a combined $184M — up 11% from $166M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FSD positions and 7 closed out — a net gain of 5 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $2.92M. The largest seller was Ameriprise, cutting an estimated $1.97M.
- 75 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q4 2020, up from 70 in Q3 2020.
- Funds reported $184M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q4 2020, up 11% quarter-over-quarter.
- 12 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q4 2020 and 7 closed out, a net change of +5 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q4 2020 was City of London Investment Management, an estimated $2.92M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q4 2020 was Ameriprise, an estimated $1.97M sold.
Based on aggregated 13F filings for Q4 2020.