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First Trust Long/Short Equity ETF

35 hedge funds and large institutions have $61.2M invested in First Trust Long/Short Equity ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

36% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 11

0.94% less ownership

Funds ownership: 52.94%52% (-0.94%)

4% less capital invested

Capital invested by funds: $63.5M → $61.2M (-$2.25M)

5% less funds holding

Funds holding: 3735 (-2)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
35
Holders Change
-2
Holders Change %
-5.41%
% of All Funds
0.93%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
6
Increased
15
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change

FTLS Hedge Fund Activity: Q2 2016 in Review

35 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q2 2016, worth a combined $61.2M — down 3.5% from $63.5M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FTLS and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 15 added.

The largest buyer was IFP Advisors, adding an estimated $4.55M. The largest seller was LPL Financial, cutting an estimated $5.08M.

  • 35 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q2 2016, down from 37 in Q1 2016.
  • Funds reported $61.2M of First Trust Long/Short Equity ETF stock for Q2 2016, down 3.5% quarter-over-quarter.
  • 6 funds opened new First Trust Long/Short Equity ETF positions in Q2 2016 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Long/Short Equity ETF buyer in Q2 2016 was IFP Advisors, an estimated $4.55M added.
  • The largest First Trust Long/Short Equity ETF seller in Q2 2016 was LPL Financial, an estimated $5.08M sold.

Based on aggregated 13F filings for Q2 2016.