First Trust Long/Short Equity ETF
FTLS
68 hedge funds and large institutions have $174M invested in First Trust Long/Short Equity ETF in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 29 reducing their positions, and 18 closing their positions.
2% more capital invested
Capital invested by funds: $171M → $174M (+$2.72M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.9% less ownership
Funds ownership: 67.99% → 63.09% (-4.9%)
9% less funds holding
Funds holding: 75 → 68 (-7)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
41% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.98M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$4.15M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$1.69M |
| 4 |
Morgan Stanley
New York
|
+$1.64M |
| 5 |
FMBTD
First Midwest Bank Trust Division
Joliet,
Illinois
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$5.75M |
| 2 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$4.09M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.57M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.1M |
FTLS Hedge Fund Activity: Q2 2020 in Review
68 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q2 2020, worth a combined $174M — up 1.6% from $171M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FTLS and 11 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 17 added.
The largest buyer was LPL Financial, adding an estimated $5.98M. The largest seller was NewEdge Advisors, exiting entirely with an estimated $5.75M sold.
- 68 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q2 2020, down from 75 in Q1 2020.
- Funds reported $174M of First Trust Long/Short Equity ETF stock for Q2 2020, up 1.6% quarter-over-quarter.
- 11 funds opened new First Trust Long/Short Equity ETF positions in Q2 2020 and 18 closed out, a net change of -7 holders.
- The largest First Trust Long/Short Equity ETF buyer in Q2 2020 was LPL Financial, an estimated $5.98M added.
- The largest First Trust Long/Short Equity ETF seller in Q2 2020 was NewEdge Advisors, an estimated $5.75M sold.
Based on aggregated 13F filings for Q2 2020.