First Trust Long/Short Equity ETF
FTLS
35 hedge funds and large institutions have $66.5M invested in First Trust Long/Short Equity ETF in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 8 closing their positions.
1% more capital invested
Capital invested by funds: $65.8M → $66.5M (+$696K)
1.1% less ownership
Funds ownership: 59.79% → 58.69% (-1.1%)
15% less funds holding
Funds holding: 41 → 35 (-6)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.46M |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
+$655K |
| 3 |
Morgan Stanley
New York
|
+$472K |
| 4 |
VF
Virtu Financial
New York
|
+$432K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$788K |
| 3 |
NWM
Northwest Wealth Management
Spencer,
Iowa
|
-$674K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$641K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$400K |
FTLS Hedge Fund Activity: Q3 2017 in Review
35 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q3 2017, worth a combined $66.5M — up 1.1% from $65.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FTLS and 4 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was IFP Advisors, adding an estimated $1.46M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.99M sold.
- 35 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q3 2017, down from 41 in Q2 2017.
- Funds reported $66.5M of First Trust Long/Short Equity ETF stock for Q3 2017, up 1.1% quarter-over-quarter.
- 4 funds opened new First Trust Long/Short Equity ETF positions in Q3 2017 and 8 closed out, a net change of -4 holders.
- The largest First Trust Long/Short Equity ETF buyer in Q3 2017 was IFP Advisors, an estimated $1.46M added.
- The largest First Trust Long/Short Equity ETF seller in Q3 2017 was Envestnet Asset Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q3 2017.