FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
74 hedge funds and large institutions have $156M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 11 reducing their positions, and 10 closing their positions.
209% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 11
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
13% more capital invested
Capital invested by funds: $138M → $156M (+$18.2M)
12% more funds holding
Funds holding: 66 → 74 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.25M |
| 2 |
BlackRock
New York
|
+$3.04M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.98M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.88M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$5.5M |
| 2 |
Morgan Stanley
New York
|
-$1.52M |
| 3 |
Millennium Management
New York
|
-$974K |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$531K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$402K |
FSD Hedge Fund Activity: Q2 2018 in Review
74 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q2 2018, worth a combined $156M — up 13% from $138M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FSD positions and 10 closed out — a net gain of 8 holders — while 34 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $3.25M. The largest seller was Vident Investment Advisory, exiting entirely with an estimated $5.5M sold.
- 74 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q2 2018, up from 66 in Q1 2018.
- Funds reported $156M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q2 2018, up 13% quarter-over-quarter.
- 18 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q2 2018 and 10 closed out, a net change of +8 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q2 2018 was Shaker Financial Services, an estimated $3.25M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q2 2018 was Vident Investment Advisory, an estimated $5.5M sold.
Based on aggregated 13F filings for Q2 2018.