FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
60 hedge funds and large institutions have $195M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 13 closing their positions.
0% more capital invested
Capital invested by funds: $195M → $195M (+$247K)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
10% less funds holding
Funds holding: 67 → 60 (-7)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$11.6M |
| 2 |
Morgan Stanley
New York
|
+$4.87M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.59M |
| 4 |
Cohen & Steers
New York
|
+$2.15M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.28M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$3.56M |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$2.15M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.84M |
FSD Hedge Fund Activity: Q3 2021 in Review
60 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2021, worth a combined $195M — up 0.13% from $195M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FSD and 7 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $11.6M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $10.5M sold.
- 60 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2021, down from 67 in Q2 2021.
- Funds reported $195M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2021, up 0.13% quarter-over-quarter.
- 7 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2021 and 13 closed out, a net change of -6 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2021 was Penserra Capital Management, an estimated $11.6M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2021 was Rivernorth Capital Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2021.