FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
53 hedge funds and large institutions have $254M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
8% more funds holding
Funds holding: 49 → 53 (+4)
1% more capital invested
Capital invested by funds: $251M → $254M (+$2.38M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.21M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$2.64M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.83M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.68M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.7M |
| 2 |
Morgan Stanley
New York
|
-$4.19M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$3.22M |
| 4 |
Millennium Management
New York
|
-$1.24M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$885K |
FSD Hedge Fund Activity: Q1 2017 in Review
53 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q1 2017, worth a combined $254M — up 0.95% from $251M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSD positions and 5 closed out — a net gain of 6 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $9.21M. The largest seller was Rivernorth Capital Management, cutting an estimated $10.7M.
- 53 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q1 2017, up from 49 in Q4 2016.
- Funds reported $254M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q1 2017, up 0.95% quarter-over-quarter.
- 11 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q1 2017 and 5 closed out, a net change of +6 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q1 2017 was UBS Group, an estimated $9.21M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q1 2017 was Rivernorth Capital Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2017.