First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
37 hedge funds and large institutions have $27.1M invested in First Trust Strategic High in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
28% more funds holding
Funds holding: 29 → 37 (+8)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $24.6M → $27.1M (+$2.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
+$2.34M |
| 2 |
SCM
Saba Capital Management
New York
|
+$514K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$481K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$444K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.09M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$622K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$385K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$282K |
| 5 |
Morgan Stanley
New York
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
26
Partnervest Advisory Services
Santa Barbara,
California
| $40K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $22K | +$21.7K | +1,400 | New |
|
|
AIG
28
American International Group
New York
| $18.9K | -$21.7K | -1,400 | -54% |
|
|
PFO
29
Pathstone Family Office
Englewood,
New Jersey
| $15K | +$14.2K | +918 | New |
|
30
Citigroup
New York
| $11K | – | – | – |
|
|
EWM
31
Edge Wealth Management
New York
| $10K | +$10.2K | +656 | New |
|
|
U
32
UBS
Zurich,
Switzerland
| $9K | – | – | – |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
WA
34
WFG Advisors
Dallas,
Texas
| $8K | +$2.96K | +191 | +60% |
|
|
WTC
35
WhitTier Trust Company
Reno,
Nevada
| $5K | – | – | – |
|
36
Creative Planning
Overland Park,
Kansas
| $4K | – | – | – |
|
37
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
SFSIG
38
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$2K | -100 | Closed |
|
FHY Hedge Fund Activity: Q3 2013 in Review
37 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q3 2013, worth a combined $27.1M — up 10% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FHY positions and 1 closed out — a net gain of 8 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Third Avenue Management, opening a new position worth an estimated $2.34M. The largest seller was Guggenheim Capital, cutting an estimated $1.09M.
- 37 institutional investors held First Trust Strategic High (FHY) as of Q3 2013, up from 29 in Q2 2013.
- Funds reported $27.1M of First Trust Strategic High stock for Q3 2013, up 10% quarter-over-quarter.
- 9 funds opened new First Trust Strategic High positions in Q3 2013 and 1 closed out, a net change of +8 holders.
- The largest First Trust Strategic High buyer in Q3 2013 was Third Avenue Management, an estimated $2.34M added.
- The largest First Trust Strategic High seller in Q3 2013 was Guggenheim Capital, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2013.