FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
FSD was delisted on the 19th of July, 2024.
76 hedge funds and large institutions have $160M invested in FIRST TRUST HIGH INCOME LONG/SHORT FUND in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 8 closing their positions.
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: 1 → 2 (+1)
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
19% more capital invested
Capital invested by funds: $134M → $160M (+$25.7M)
12% more funds holding
Funds holding: 68 → 76 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$4.8M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.98M |
| 3 |
GA
GraniteShares Advisors
New York
|
+$1.37M |
| 4 |
Jane Street
New York
|
+$793K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$4.63M |
| 2 |
Morgan Stanley
New York
|
-$2.17M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.33M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$377K |
| 5 |
Walleye Capital
New York
|
-$293K |
FSD Hedge Fund Activity: Q4 2023 in Review
76 of the 6,869 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 $160M — up 19% 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 28 added to existing stakes and 19 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $4.8M. 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 $160M of FIRST TRUST HIGH INCOME LONG/SHORT FUND stock for Q4 2023, up 19% 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 Clough Capital Partners, an estimated $4.8M 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.