First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
38 hedge funds and large institutions have $25.8M invested in First Trust Strategic High in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 36 → 38 (+2)
3% less capital invested
Capital invested by funds: $26.7M → $25.8M (-$874K)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$870K |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
+$365K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$306K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$302K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.88M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.24M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$201K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$191K |
| 5 |
Morgan Stanley
New York
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $24K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $16K | +$16.1K | +1,000 | New |
|
|
BRWM
29
B. Riley Wealth Management
Memphis,
Tennessee
| $11K | – | – | – |
|
30
Citigroup
New York
| $11K | – | – | – |
|
|
AIG
31
American International Group
New York
| $10.1K | -$8.76K | -545 | -47% |
|
|
1IC
32
1919 Investment Counsel
Baltimore,
Maryland
| $9K | +$8.36K | +520 | New |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
SGC
34
South Georgia Capital
Naperville,
Illinois
| $7K | +$6.43K | +400 | New |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| $5K | -$2.83K | -176 | -34% |
|
|
WTC
36
WhitTier Trust Company
Reno,
Nevada
| $5K | – | – | – |
|
37
Creative Planning
Overland Park,
Kansas
| $4K | – | – | – |
|
38
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
SFS
39
Shaker Financial Services
Arlington,
Virginia
| – | -$201K | -12,595 | Closed |
|
|
NES
40
New England Securities
New York
| – | -$10K | -622 | Closed |
|
FHY Hedge Fund Activity: Q2 2014 in Review
38 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q2 2014, worth a combined $25.8M — down 3.3% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FHY positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $870K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.88M.
- 38 institutional investors held First Trust Strategic High (FHY) as of Q2 2014, up from 36 in Q1 2014.
- Funds reported $25.8M of First Trust Strategic High stock for Q2 2014, down 3.3% quarter-over-quarter.
- 4 funds opened new First Trust Strategic High positions in Q2 2014 and 2 closed out, a net change of +2 holders.
- The largest First Trust Strategic High buyer in Q2 2014 was Guggenheim Capital, an estimated $870K added.
- The largest First Trust Strategic High seller in Q2 2014 was Rivernorth Capital Management, an estimated $1.88M sold.
Based on aggregated 13F filings for Q2 2014.