First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
29 hedge funds and large institutions have $26.4M invested in First Trust Strategic High in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
1% more capital invested
Capital invested by funds: $26.3M → $26.4M (+$139K)
6% less funds holding
Funds holding: 31 → 29 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.48M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.15M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$605K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$566K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.55M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$284K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$280K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$263K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
26
Stratos Wealth Partners
Beachwood,
Ohio
| $29K | +$29.6K | +2,383 | New |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | – | – | – |
|
28
Citigroup
New York
| $5K | +$100 | +8 | +2% |
|
|
ADL
29
Asset Dedication LLC
San Francisco,
California
| $1K | – | – | – |
|
|
BFM
30
Boothbay Fund Management
New York
| – | -$284K | -22,045 | Closed |
|
|
CA
31
Cetera Advisors
Denver,
Colorado
| – | -$263K | -20,347 | Closed |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$182K | -14,142 | Closed |
|
|
6M
33
6 Meridian
Wichita,
Kansas
| – | -$140K | -10,885 | Closed |
|
|
CA
34
Calton & Associates
Tampa,
Florida
| – | -$8K | -696 | Closed |
|
|
WTC
35
WhitTier Trust Company
Reno,
Nevada
| – | -$4K | -309 | Closed |
|
FHY Hedge Fund Activity: Q1 2018 in Review
29 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q1 2018, worth a combined $26.4M — up 0.53% from $26.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FHY and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Shaker Financial Services, adding an estimated $2.3M. The largest seller was Morgan Stanley, cutting an estimated $3.55M.
- 29 institutional investors held First Trust Strategic High (FHY) as of Q1 2018, down from 31 in Q4 2017.
- Funds reported $26.4M of First Trust Strategic High stock for Q1 2018, up 0.53% quarter-over-quarter.
- 4 funds opened new First Trust Strategic High positions in Q1 2018 and 6 closed out, a net change of -2 holders.
- The largest First Trust Strategic High buyer in Q1 2018 was Shaker Financial Services, an estimated $2.3M added.
- The largest First Trust Strategic High seller in Q1 2018 was Morgan Stanley, an estimated $3.55M sold.
Based on aggregated 13F filings for Q1 2018.