FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
66 hedge funds and large institutions have $138M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
10% more funds holding
Funds holding: 60 → 66 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $142M → $138M (-$3.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.67M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.54M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.4M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$2.16M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.82M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.75M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$506K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$504K |
FSD Hedge Fund Activity: Q1 2018 in Review
66 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q1 2018, worth a combined $138M — down 2.4% from $142M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSD positions and 5 closed out — a net gain of 6 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was UBS Group, adding an estimated $4.67M. The largest seller was Morgan Stanley, cutting an estimated $3.82M.
- 66 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q1 2018, up from 60 in Q4 2017.
- Funds reported $138M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q1 2018, down 2.4% quarter-over-quarter.
- 11 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q1 2018 and 5 closed out, a net change of +6 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q1 2018 was UBS Group, an estimated $4.67M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q1 2018 was Morgan Stanley, an estimated $3.82M sold.
Based on aggregated 13F filings for Q1 2018.