FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
68 hedge funds and large institutions have $134M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
10% more funds holding
Funds holding: 62 → 68 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $143M → $134M (-$8.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.73M |
| 2 |
AP
Americana Partners
Houston,
Texas
|
+$1.59M |
| 3 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.14M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.06M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$780K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$4.97M |
| 2 |
Morgan Stanley
New York
|
-$1.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$610K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$504K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$486K |
FSD Hedge Fund Activity: Q3 2023 in Review
68 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q3 2023, worth a combined $134M — down 6.2% from $143M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FSD positions and 5 closed out — a net gain of 7 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.73M. The largest seller was Bramshill Investments, cutting an estimated $4.97M.
- 68 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q3 2023, up from 62 in Q2 2023.
- Funds reported $134M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q3 2023, down 6.2% quarter-over-quarter.
- 12 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q3 2023 and 5 closed out, a net change of +7 holders.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q3 2023 was Shaker Financial Services, an estimated $1.73M added.
- The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q3 2023 was Bramshill Investments, an estimated $4.97M sold.
Based on aggregated 13F filings for Q3 2023.