First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
31 hedge funds and large institutions have $26.3M invested in First Trust Strategic High in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
19% more funds holding
Funds holding: 26 → 31 (+5)
9% less capital invested
Capital invested by funds: $28.8M → $26.3M (-$2.5M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.64M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.98M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$850K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
-$3.58M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.36M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$1.04M |
| 4 |
Citigroup
New York
|
-$983K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$797K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $106K | -$10.3K | -788 | -9% |
|
|
CA
27
Calton & Associates
Tampa,
Florida
| $8K | +$9.08K | +696 | New |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | -$5.83K | -447 | -45% |
|
|
29
Citigroup
New York
| $5K | -$983K | -75,330 | -99% |
|
|
WTC
30
WhitTier Trust Company
Reno,
Nevada
| $4K | – | – | – |
|
|
ADL
31
Asset Dedication LLC
San Francisco,
California
| $1K | – | – | – |
|
|
SI
32
SII Investments
Appleton,
Wisconsin
| – | -$3.58M | -262,849 | Closed |
|
|
RCM
33
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$797K | -59,045 | Closed |
|
|
IH
34
IFC Holdings
Tampa,
Florida
| – | -$415K | -30,445 | Closed |
|
|
LCM
35
Laurion Capital Management
New York
| – | -$363K | -26,686 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$243K | -17,859 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -497 | Closed |
|
|
IA
38
IFP Advisors
Tampa,
Florida
| – | -$2K | -124 | Closed |
|
FHY Hedge Fund Activity: Q4 2017 in Review
31 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q4 2017, worth a combined $26.3M — down 8.7% from $28.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FHY positions and 7 closed out — a net gain of 5 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $2.64M. The largest seller was SII Investments, exiting entirely with an estimated $3.58M sold.
- 31 institutional investors held First Trust Strategic High (FHY) as of Q4 2017, up from 26 in Q3 2017.
- Funds reported $26.3M of First Trust Strategic High stock for Q4 2017, down 8.7% quarter-over-quarter.
- 12 funds opened new First Trust Strategic High positions in Q4 2017 and 7 closed out, a net change of +5 holders.
- The largest First Trust Strategic High buyer in Q4 2017 was Ladenburg Thalmann Financial Services, an estimated $2.64M added.
- The largest First Trust Strategic High seller in Q4 2017 was SII Investments, an estimated $3.58M sold.
Based on aggregated 13F filings for Q4 2017.