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FSD

FIRST TRUST HIGH INCOME LONG/SHORT FUND

Delisted

FSD was delisted on the 19th of July, 2024.

76 hedge funds and large institutions have $230M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

72% more capital invested

Capital invested by funds: $134M → $230M (+$96.1M)

61% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 18

12% more funds holding

Funds holding: 6876 (+8)

Holders
76
Holders Change
+8
Holders Change %
+11.76%
% of All Funds
1.11%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
17
Increased
29
Reduced
18
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$141M +$61.8M +5,624,831 +93%
SIA
2
Sit Investment Associates
Minnesota
$9.95M +$2.98M +271,439 +49%
AP
3
Americana Partners
Texas
$5.59M +$430K +39,119 +9%
KIG
4
Kennedy Investment Group
New Jersey
$5.37M +$92.5K +8,419 +2%
CCP
5
Clough Capital Partners
Massachusetts
$5.28M +$4.8M +436,789 New
Invesco
6
Invesco
Georgia
$4.69M +$15.8K +1,436 +0.4%
RJA
7
Raymond James & Associates
Florida
$4.59M +$525K +47,774 +14%
Ameriprise
8
Ameriprise
Minnesota
$4.57M +$7.06K +643 +0.2%
Osaic Holdings
9
Osaic Holdings
Arizona
$4.4M -$182K -16,588 -4%
Pathstone Holdings
10
Pathstone Holdings
New Jersey
$4.37M +$3.97M +361,350 New
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$3.04M +$308K +28,036 +13%
UBS Group
12
UBS Group
Switzerland
$3.02M +$15.5K +1,410 +0.6%
BI
13
Bramshill Investments
Florida
$2.9M -$4.63M -421,886 -64%
Cohen & Steers
14
Cohen & Steers
New York
$2.78M
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$2.42M -$76.9K -7,000 -3%
SFS
16
Shaker Financial Services
Virginia
$1.96M -$1.33M -120,781 -43%
COLIM
17
City of London Investment Management
United Kingdom
$1.85M +$558K +50,797 +50%
KWA
18
Kingswood Wealth Advisors
California
$1.62M
GA
19
GraniteShares Advisors
New York
$1.5M +$1.37M +124,390 New
LPL Financial
20
LPL Financial
California
$1.5M +$79.8K +7,265 +6%
GC
21
Guggenheim Capital
Illinois
$1.24M -$130K -11,792 -10%
CP
22
Camelot Portfolios
Ohio
$1.08M +$266K +24,233 +37%
SFS
23
Sowell Financial Services
Arkansas
$879K +$14.3K +1,300 +2%
Jane Street
24
Jane Street
New York
$873K +$793K +72,239 New
DADC
25
D.A. Davidson & Co
Montana
$808K +$36.7K +3,345 +5%

FSD Hedge Fund Activity: Q4 2023 in Review

76 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) for Q4 2023, worth a combined $230M — up 72% from $134M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FSD positions and 8 closed out — a net gain of 9 holders — while 29 added to existing stakes and 18 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $61.8M. The largest seller was Bramshill Investments, cutting an estimated $4.63M.

  • 76 institutional investors held FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) as of Q4 2023, up from 68 in Q3 2023.
  • Funds reported $230M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q4 2023, up 72% quarter-over-quarter.
  • 17 funds opened new FIRST TRUST HIGH INCOME LONG/SHORT FUND positions in Q4 2023 and 8 closed out, a net change of +9 holders.
  • The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND buyer in Q4 2023 was Morgan Stanley, an estimated $61.8M added.
  • The largest FIRST TRUST HIGH INCOME LONG/SHORT FUND seller in Q4 2023 was Bramshill Investments, an estimated $4.63M sold.

Based on aggregated 13F filings for Q4 2023.