FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
60 hedge funds and large institutions have $142M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
11% more funds holding
Funds holding: 54 → 60 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital invested
Capital invested by funds: $159M → $142M (-$17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.37M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.37M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.12M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.05M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$14M |
| 2 |
Morgan Stanley
New York
|
-$4.68M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.97M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.51M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.02M |
FSD Hedge Fund Activity: Q4 2017 in Review
60 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q4 2017, worth a combined $142M — down 11% from $159M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FSD positions and 9 closed out — a net gain of 6 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.37M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $14M sold.
- 60 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q4 2017, up from 54 in Q3 2017.
- Funds reported $142M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q4 2017, down 11% quarter-over-quarter.
- 15 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q4 2017 and 9 closed out, a net change of +6 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q4 2017 was Curi RMB Capital, an estimated $2.37M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q4 2017 was Laurion Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2017.