First Trust Long/Short Equity ETF
FTLS
37 hedge funds and large institutions have $63.5M invested in First Trust Long/Short Equity ETF in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
88% more capital invested
Capital invested by funds: $33.8M → $63.5M (+$29.7M)
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
37% more funds holding
Funds holding: 27 → 37 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.43% less ownership
Funds ownership: 54.37% → 52.94% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.7M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.07M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.99M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$3.48M |
| 5 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$3.05M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.95M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.72M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$766K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$530K |
FTLS Hedge Fund Activity: Q1 2016 in Review
37 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q1 2016, worth a combined $63.5M — up 88% from $33.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FTLS positions and 4 closed out — a net gain of 10 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $12.7M. The largest seller was IFP Advisors, cutting an estimated $3.05M.
- 37 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q1 2016, up from 27 in Q4 2015.
- Funds reported $63.5M of First Trust Long/Short Equity ETF stock for Q1 2016, up 88% quarter-over-quarter.
- 14 funds opened new First Trust Long/Short Equity ETF positions in Q1 2016 and 4 closed out, a net change of +10 holders.
- The largest First Trust Long/Short Equity ETF buyer in Q1 2016 was Morgan Stanley, an estimated $12.7M added.
- The largest First Trust Long/Short Equity ETF seller in Q1 2016 was IFP Advisors, an estimated $3.05M sold.
Based on aggregated 13F filings for Q1 2016.