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First Trust Long/Short Equity ETF

160 hedge funds and large institutions have $799M invested in First Trust Long/Short Equity ETF in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 54 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 11

49% more capital invested

Capital invested by funds: $535M → $799M (+$264M)

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

26% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 54

19.8% more ownership

Funds ownership: 72.5%92.29% (+20%)

13% more funds holding

Funds holding: 142160 (+18)

Holders
160
Holders Change
+18
Holders Change %
+12.68%
% of All Funds
2.33%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
30
Increased
68
Reduced
54
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$276M +$156M +2,852,509 +139%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$95M +$4.44M +81,286 +5%
LPL Financial
3
LPL Financial
California
$50.2M +$2.12M +38,765 +5%
Truist Financial
4
Truist Financial
North Carolina
$26.4M -$730K -13,356 -3%
CTC
5
Central Trust Company
Missouri
$20.6M +$6.59M +120,693 +49%
FEG
6
Financial Enhancement Group
Indiana
$14.6M +$202K +3,699 +1%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$12.2M +$927K +16,976 +8%
WP
8
WealthPLAN Partners
Nebraska
$10.7M -$134K -2,445 -1%
HighTower Advisors
9
HighTower Advisors
Illinois
$10.3M +$250K +4,578 +3%
WIM
10
WealthPlan Investment Management
Nebraska
$10.1M +$203K +3,717 +2%
PAG
11
Private Advisor Group
New Jersey
$10.1M -$1.44M -26,286 -13%
SFP
12
Sweet Financial Partners
Minnesota
$9.99M -$72.4K -1,325 -0.7%
FA
13
FDx Advisors
Illinois
$9.57M -$293K -5,357 -3%
CPG
14
Cornerstone Planning Group
New Jersey
$8.44M +$536K +9,808 +7%
Osaic Holdings
15
Osaic Holdings
Arizona
$8.11M +$3.81M +69,770 +94%
CWM
16
Centric Wealth Management
Illinois
$7.63M +$7.05M +129,085 New
FHA
17
Flagship Harbor Advisors
Massachusetts
$7.53M +$7.31M +133,806 New
MWM
18
Modern Wealth Management
Kansas
$6.85M +$6.65M +121,760 New
Jane Street
19
Jane Street
New York
$6.83M +$5.83M +106,671 +721%
SWP
20
Stratos Wealth Partners
Ohio
$6M +$470K +8,601 +9%
CAPTRUST Financial Advisors
21
CAPTRUST Financial Advisors
North Carolina
$5.84M -$807K -14,769 -12%
PJWM
22
Philip James Wealth Mangement
Georgia
$5.41M +$5.25M +96,153 New
CPCM
23
Cardinal Point Capital Management
Ontario, Canada
$5.17M +$158K +2,883 +3%
BC
24
Brio Consultants
California
$5.09M -$102K -1,858 -2%
LC
25
LCNB Corp
Ohio
$4.98M +$339K +6,209 +8%

FTLS Hedge Fund Activity: Q4 2023 in Review

160 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Long/Short Equity ETF (FTLS) for Q4 2023, worth a combined $799M — up 49% from $535M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FTLS positions and 11 closed out — a net gain of 19 holders — while 68 added to existing stakes and 54 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $156M. The largest seller was IHT Wealth Management, cutting an estimated $3.14M.

  • 160 institutional investors held First Trust Long/Short Equity ETF (FTLS) as of Q4 2023, up from 142 in Q3 2023.
  • Funds reported $799M of First Trust Long/Short Equity ETF stock for Q4 2023, up 49% quarter-over-quarter.
  • 30 funds opened new First Trust Long/Short Equity ETF positions in Q4 2023 and 11 closed out, a net change of +19 holders.
  • The largest First Trust Long/Short Equity ETF buyer in Q4 2023 was Morgan Stanley, an estimated $156M added.
  • The largest First Trust Long/Short Equity ETF seller in Q4 2023 was IHT Wealth Management, an estimated $3.14M sold.

Based on aggregated 13F filings for Q4 2023.