First Trust Long/Short Equity ETF
FTLS
75 hedge funds and large institutions have $171M invested in First Trust Long/Short Equity ETF in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
46% more capital inflows, than outflows
Capital inflows: $51.4M | Capital outflows: $35.2M
7% more funds holding
Funds holding: 70 → 75 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.76% less ownership
Funds ownership: 69.75% → 67.99% (-1.8%)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.73M |
| 2 |
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$7.6M |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$6.35M |
| 4 |
Morgan Stanley
New York
|
+$4.93M |
| 5 |
NNP
Nachman Norwood & Parrott
Greenville,
South Carolina
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$15.1M |
| 2 |
Colony Group
Boston,
Massachusetts
|
-$12.1M |
| 3 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$821K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$758K |
| 5 |
AE Wealth Management
Topeka,
Kansas
|
-$676K |
FTLS Hedge Fund Activity: Q1 2020 in Review
75 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q1 2020, worth a combined $171M — down 6.3% from $182M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FTLS positions and 14 closed out — a net gain of 7 holders — while 23 added to existing stakes and 27 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $9.73M. The largest seller was LPL Financial, cutting an estimated $15.1M.
- 75 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q1 2020, up from 70 in Q4 2019.
- Funds reported $171M of First Trust Long/Short Equity ETF stock for Q1 2020, down 6.3% quarter-over-quarter.
- 21 funds opened new First Trust Long/Short Equity ETF positions in Q1 2020 and 14 closed out, a net change of +7 holders.
- The largest First Trust Long/Short Equity ETF buyer in Q1 2020 was Royal Bank of Canada, an estimated $9.73M added.
- The largest First Trust Long/Short Equity ETF seller in Q1 2020 was LPL Financial, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2020.