First Trust Long/Short Equity ETF
FTLS
122 hedge funds and large institutions have $441M invested in First Trust Long/Short Equity ETF in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 50 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
3% more funds holding
Funds holding: 119 → 122 (+3)
1% more capital invested
Capital invested by funds: $437M → $441M (+$4.33M)
3.4% less ownership
Funds ownership: 73.41% → 70.01% (-3.4%)
12% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 50
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFP
Sweet Financial Partners
Fairmont,
Minnesota
|
+$8.77M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$6.11M |
| 3 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$2.95M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.86M |
| 5 |
Morgan Stanley
New York
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.1M |
| 2 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$10.3M |
| 3 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$9.19M |
| 4 |
B
Bridgeworth
Birmingham,
Alabama
|
-$3.39M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$2.85M |
FTLS Hedge Fund Activity: Q1 2023 in Review
122 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q1 2023, worth a combined $441M — up 0.99% from $437M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FTLS positions and 13 closed out — a net gain of 8 holders — while 44 added to existing stakes and 50 trimmed.
The largest buyer was Sweet Financial Partners, opening a new position worth an estimated $8.77M. The largest seller was Royal Bank of Canada, cutting an estimated $11.1M.
- 122 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q1 2023, up from 119 in Q4 2022.
- Funds reported $441M of First Trust Long/Short Equity ETF stock for Q1 2023, up 0.99% quarter-over-quarter.
- 21 funds opened new First Trust Long/Short Equity ETF positions in Q1 2023 and 13 closed out, a net change of +8 holders.
- The largest First Trust Long/Short Equity ETF buyer in Q1 2023 was Sweet Financial Partners, an estimated $8.77M added.
- The largest First Trust Long/Short Equity ETF seller in Q1 2023 was Royal Bank of Canada, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2023.