First Trust Long/Short Equity ETF
FTLS
142 hedge funds and large institutions have $535M invested in First Trust Long/Short Equity ETF in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 67 increasing their positions, 40 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
68% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 40
7% more capital invested
Capital invested by funds: $502M → $535M (+$33.1M)
6% more funds holding
Funds holding: 134 → 142 (+8)
1.3% more ownership
Funds ownership: 71.2% → 72.5% (+1.3%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.18M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$6.35M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$4.69M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.46M |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFASL
Lugano Financial Advisors SA (LFA)
Lugano,
Switzerland
|
-$4.02M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$3.19M |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$3.04M |
| 4 |
Cerity Partners
New York
|
-$2.23M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.66M |
FTLS Hedge Fund Activity: Q3 2023 in Review
142 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q3 2023, worth a combined $535M — up 6.6% from $502M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FTLS positions and 12 closed out — a net gain of 9 holders — while 67 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.18M. The largest seller was Lugano Financial Advisors SA (LFA), cutting an estimated $4.02M.
- 142 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q3 2023, up from 134 in Q2 2023.
- Funds reported $535M of First Trust Long/Short Equity ETF stock for Q3 2023, up 6.6% quarter-over-quarter.
- 21 funds opened new First Trust Long/Short Equity ETF positions in Q3 2023 and 12 closed out, a net change of +9 holders.
- The largest First Trust Long/Short Equity ETF buyer in Q3 2023 was Morgan Stanley, an estimated $9.18M added.
- The largest First Trust Long/Short Equity ETF seller in Q3 2023 was Lugano Financial Advisors SA (LFA), an estimated $4.02M sold.
Based on aggregated 13F filings for Q3 2023.