First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
36 hedge funds and large institutions have $26.7M invested in First Trust Strategic High in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 5 closing their positions.
2% less capital invested
Capital invested by funds: $27.2M → $26.7M (-$481K)
5% less funds holding
Funds holding: 38 → 36 (-2)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.58M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$189K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$178K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$176K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$945K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$907K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$636K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$241K |
| 5 |
SCM
Saba Capital Management
New York
|
-$185K |
FHY Hedge Fund Activity: Q1 2014 in Review
36 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q1 2014, worth a combined $26.7M — down 1.8% from $27.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FHY and 3 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Advisors Asset Management, adding an estimated $2.58M. The largest seller was Invesco, exiting entirely with an estimated $945K sold.
- 36 institutional investors held First Trust Strategic High (FHY) as of Q1 2014, down from 38 in Q4 2013.
- Funds reported $26.7M of First Trust Strategic High stock for Q1 2014, down 1.8% quarter-over-quarter.
- 3 funds opened new First Trust Strategic High positions in Q1 2014 and 5 closed out, a net change of -2 holders.
- The largest First Trust Strategic High buyer in Q1 2014 was Advisors Asset Management, an estimated $2.58M added.
- The largest First Trust Strategic High seller in Q1 2014 was Invesco, an estimated $945K sold.
Based on aggregated 13F filings for Q1 2014.