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First Trust Long/Short Equity ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 4135 (-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

Holders
35
Holders Change
-6
Holders Change %
-14.63%
% of All Funds
0.87%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
11
Reduced
14
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$16M +$72.8K +1,999 +0.5%
Morgan Stanley
2
Morgan Stanley
New York
$10.5M +$472K +12,965 +5%
IA
3
IFP Advisors
Florida
$8.56M +$1.46M +40,088 +21%
HighTower Advisors
4
HighTower Advisors
Illinois
$6.22M -$400K -10,994 -6%
LPL Financial
5
LPL Financial
California
$5.28M +$15.6K +429 +0.3%
IH
6
IFC Holdings
Florida
$3.6M -$133K -3,659 -4%
CG
7
Colony Group
Massachusetts
$2.84M +$217K +5,952 +8%
LTFS
8
Ladenburg Thalmann Financial Services
Florida
$2.63M +$329K +9,037 +15%
MML Investors Services
9
MML Investors Services
Massachusetts
$1.26M +$92.5K +2,540 +8%
Jane Street
10
Jane Street
New York
$928K -$363K -9,971 -29%
GWM
11
Geneos Wealth Management
Colorado
$910K -$272K -7,481 -23%
IFWM
12
Institute for Wealth Management
Colorado
$883K -$24K -658 -3%
PAS
13
Partnervest Advisory Services
California
$858K -$13.6K -374 -2%
YP
14
Yellowstone Partners
Idaho
$822K +$806K +22,145 New
LI
15
LVZ Inc
Michigan
$668K +$655K +17,984 New
RJA
16
Raymond James & Associates
Florida
$629K -$9.94K -273 -2%
CWM
17
Concert Wealth Management
California
$482K -$44.7K -1,227 -9%
VF
18
Virtu Financial
New York
$440K +$432K +11,857 New
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$408K +$1.53K +42 +0.4%
Comerica Bank
20
Comerica Bank
Texas
$315K -$4.37K -120 -1%
FHC
21
First Heartland Consultants
Missouri
$278K
FAAS
22
First Allied Advisory Services
California
$268K +$9.14K +251 +4%
Stifel Financial
23
Stifel Financial
Missouri
$265K -$5.79K -159 -2%
CAN
24
Cetera Advisor Networks
California
$249K -$8.78K -241 -3%
AG
25
Advisor Group
Arizona
$238K +$19.2K +528 +9%

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.