First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
36 hedge funds and large institutions have $25.9M invested in First Trust Strategic High in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0% more capital invested
Capital invested by funds: $25.8M → $25.9M (+$94.4K)
5% less funds holding
Funds holding: 38 → 36 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$3.77M |
| 2 |
Morgan Stanley
New York
|
+$593K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$582K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$243K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$3.08M |
| 2 |
SCM
Saba Capital Management
New York
|
-$720K |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$434K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$222K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$164K |
FHY Hedge Fund Activity: Q3 2014 in Review
36 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q3 2014, worth a combined $25.9M — up 0.37% from $25.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FHY and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Capital Investment Advisors, opening a new position worth an estimated $3.77M. The largest seller was Third Avenue Management, exiting entirely with an estimated $3.08M sold.
- 36 institutional investors held First Trust Strategic High (FHY) as of Q3 2014, down from 38 in Q2 2014.
- Funds reported $25.9M of First Trust Strategic High stock for Q3 2014, up 0.37% quarter-over-quarter.
- 5 funds opened new First Trust Strategic High positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest First Trust Strategic High buyer in Q3 2014 was Capital Investment Advisors, an estimated $3.77M added.
- The largest First Trust Strategic High seller in Q3 2014 was Third Avenue Management, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2014.