First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
30 hedge funds and large institutions have $21.5M invested in First Trust Strategic High in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
2% more capital invested
Capital invested by funds: $21.1M → $21.5M (+$381K)
17% less funds holding
Funds holding: 36 → 30 (-6)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.41M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$928K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$298K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$232K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$560K |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$314K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$252K |
| 4 |
Morgan Stanley
New York
|
-$252K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
26
B. Riley Wealth Management
Memphis,
Tennessee
| $6K | – | – | – |
|
|
SGC
27
South Georgia Capital
Naperville,
Illinois
| $6K | – | – | – |
|
|
WTC
28
WhitTier Trust Company
Reno,
Nevada
| $4K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
AIG
30
American International Group
New York
| $1.76K | -$3.55K | -247 | -67% |
|
|
BFM
31
Boothbay Fund Management
New York
| – | -$314K | -21,634 | Closed |
|
|
NPC
32
National Planning Corporation
El Segundo,
California
| – | -$252K | -17,679 | Closed |
|
|
CA
33
Cornerstone Advisors
Asheville,
North Carolina
| – | -$242K | -16,705 | Closed |
|
|
CA
34
Cetera Advisors
Denver,
Colorado
| – | -$187K | -12,516 | Closed |
|
|
MFS
35
MSI Financial Services
Springfield,
Massachusetts
| – | -$22K | -1,490 | Closed |
|
|
VIA
36
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$7K | -500 | Closed |
|
|
WA
37
WFG Advisors
Dallas,
Texas
| – | -$5K | -336 | Closed |
|
38
Creative Planning
Overland Park,
Kansas
| – | -$1K | -99 | Closed |
|
FHY Hedge Fund Activity: Q1 2015 in Review
30 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q1 2015, worth a combined $21.5M — up 1.8% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FHY and 2 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.41M. The largest seller was Advisors Asset Management, cutting an estimated $560K.
- 30 institutional investors held First Trust Strategic High (FHY) as of Q1 2015, down from 36 in Q4 2014.
- Funds reported $21.5M of First Trust Strategic High stock for Q1 2015, up 1.8% quarter-over-quarter.
- 2 funds opened new First Trust Strategic High positions in Q1 2015 and 8 closed out, a net change of -6 holders.
- The largest First Trust Strategic High buyer in Q1 2015 was Shaker Financial Services, an estimated $1.41M added.
- The largest First Trust Strategic High seller in Q1 2015 was Advisors Asset Management, an estimated $560K sold.
Based on aggregated 13F filings for Q1 2015.