FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
70 hedge funds and large institutions have $166M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
6% more funds holding
Funds holding: 66 → 70 (+4)
6% more capital invested
Capital invested by funds: $157M → $166M (+$9.13M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.5M |
| 2 |
Morgan Stanley
New York
|
+$2.21M |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$719K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$505K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.57M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$790K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$767K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$709K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$549K |
FSD Hedge Fund Activity: Q3 2020 in Review
70 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2020, worth a combined $166M — up 5.8% from $157M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FSD positions and 8 closed out — a net gain of 4 holders — while 25 added to existing stakes and 20 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.5M. The largest seller was Saba Capital Management, cutting an estimated $2.57M.
- 70 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2020, up from 66 in Q2 2020.
- Funds reported $166M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2020, up 5.8% quarter-over-quarter.
- 12 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2020 and 8 closed out, a net change of +4 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2020 was Sit Investment Associates, an estimated $2.5M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2020 was Saba Capital Management, an estimated $2.57M sold.
Based on aggregated 13F filings for Q3 2020.