First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
38 hedge funds and large institutions have $27.2M invested in First Trust Strategic High in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 37 → 38 (+1)
0% more capital invested
Capital invested by funds: $27.1M → $27.2M (+$44.2K)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.57M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$981K |
| 3 |
TAM
Third Avenue Management
New York
|
+$416K |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$230K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.41M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.05M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$455K |
| 4 |
Morgan Stanley
New York
|
-$427K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$252K |
FHY Hedge Fund Activity: Q4 2013 in Review
38 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q4 2013, worth a combined $27.2M — up 0.16% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FHY positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.57M. The largest seller was Guggenheim Capital, cutting an estimated $1.41M.
- 38 institutional investors held First Trust Strategic High (FHY) as of Q4 2013, up from 37 in Q3 2013.
- Funds reported $27.2M of First Trust Strategic High stock for Q4 2013, up 0.16% quarter-over-quarter.
- 5 funds opened new First Trust Strategic High positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest First Trust Strategic High buyer in Q4 2013 was Saba Capital Management, an estimated $1.57M added.
- The largest First Trust Strategic High seller in Q4 2013 was Guggenheim Capital, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2013.