FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
64 hedge funds and large institutions have $138M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 8 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
0% more funds holding
Funds holding: 64 → 64 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
4% less capital invested
Capital invested by funds: $143M → $138M (-$5.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.02M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.91M |
| 3 |
Morgan Stanley
New York
|
+$1.06M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$579K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$2.46M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$736K |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$498K |
| 4 |
SCM
Saba Capital Management
New York
|
-$482K |
| 5 |
Franklin Resources
San Mateo,
California
|
-$335K |
FSD Hedge Fund Activity: Q3 2022 in Review
64 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2022, worth a combined $138M — down 3.9% from $143M a quarter earlier.
Fund positioning in FSD was balanced in Q3 2022: 8 funds opened new positions, 8 closed out, 23 added to existing stakes and 18 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $2.02M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $2.46M sold.
- 64 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $138M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2022, down 3.9% quarter-over-quarter.
- 8 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2022 and 8 closed out, a net change of 0 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2022 was City of London Investment Management, an estimated $2.02M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2022 was Penserra Capital Management, an estimated $2.46M sold.
Based on aggregated 13F filings for Q3 2022.