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First Trust Long/Short Equity ETF

34 hedge funds and large institutions have $58.8M 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, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

50% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 10

1.36% less ownership

Funds ownership: 52.94%51.57% (-1.4%)

7% less capital invested

Capital invested by funds: $63.5M → $58.8M (-$4.67M)

8% less funds holding

Funds holding: 3734 (-3)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
34
Holders Change
-3
Holders Change %
-8.11%
% of All Funds
0.91%
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
10
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$12.3M -$595K -18,731 -5%
RDM
2
Retirement Design & Management
Connecticut
$5.95M +$41.5K +1,304 +0.7%
RJA
3
Raymond James & Associates
Florida
$5.17M +$24.1K +759 +0.5%
LPL Financial
4
LPL Financial
California
$4.97M -$5.08M -159,920 -51%
IA
5
IFP Advisors
Florida
$4.61M +$4.55M +142,996 +8,043%
IH
6
IFC Holdings
Florida
$3.01M +$1.57M +49,307 +110%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$2.93M +$2.13M +66,997 +266%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$2.81M +$150K +4,730 +6%
SAM
9
Stringer Asset Management
Tennessee
$2.77M +$2.51K +79 +0.1%
MFS
10
MSI Financial Services
Massachusetts
$2.56M +$164K +5,162 +7%
Jane Street
11
Jane Street
New York
$2.1M +$2.1M +65,957 New
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.72M +$69.8K +2,195 +4%
AG
13
Advisor Group
Arizona
$1.68M +$1.68M +52,904 New
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$1.18M -$204K -6,416 -15%
GWM
15
Geneos Wealth Management
Colorado
$1.13M -$255K -8,037 -19%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$1.03M -$49.8K -1,567 -5%
PAS
17
Partnervest Advisory Services
California
$625K +$74K +2,328 +13%
YP
18
Yellowstone Partners
Idaho
$507K +$164K +5,165 +48%
AGA
19
Accuvest Global Advisors
Utah
$462K
CG
20
Colony Group
Massachusetts
$459K +$5.15K +162 +1%
Stifel Financial
21
Stifel Financial
Missouri
$246K +$245K +7,705 New
FAAS
22
First Allied Advisory Services
California
$231K -$3.3M -103,749 -93%
JP Morgan Chase
23
JP Morgan Chase
New York
$122K +$127 +4 +0.1%
Wells Fargo
24
Wells Fargo
California
$100K +$78.8K +2,479 +372%
WA
25
WFG Advisors
Texas
$32K +$31.8K +1,000 New

FTLS Hedge Fund Activity: Q2 2016 in Review

34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q2 2016, worth a combined $58.8M — down 7.4% from $63.5M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FTLS and 6 opened new positions — a net loss of 2 holders — while 10 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.

  • 34 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q2 2016, down from 37 in Q1 2016.
  • Funds reported $58.8M of First Trust Long/Short Equity ETF stock for Q2 2016, down 7.4% quarter-over-quarter.
  • 6 funds opened new First Trust Long/Short Equity ETF positions in Q2 2016 and 8 closed out, a net change of -2 holders.
  • 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.