First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
30 hedge funds and large institutions have $21.5M invested in First Trust Strategic High in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
2% more capital invested
Capital invested by funds: $21.1M → $21.5M (+$381K)
17% less funds holding
Funds holding: 36 → 30 (-6)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.41M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$928K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$298K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$232K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$560K |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$314K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$252K |
| 4 |
Morgan Stanley
New York
|
-$252K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$242K |
FHY Hedge Fund Activity: Q1 2015 in Review
30 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q1 2015, worth a combined $21.5M — up 1.8% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FHY and 2 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.41M. The largest seller was Advisors Asset Management, cutting an estimated $560K.
- 30 institutional investors held First Trust Strategic High (FHY) as of Q1 2015, down from 36 in Q4 2014.
- Funds reported $21.5M of First Trust Strategic High stock for Q1 2015, up 1.8% quarter-over-quarter.
- 2 funds opened new First Trust Strategic High positions in Q1 2015 and 8 closed out, a net change of -6 holders.
- The largest First Trust Strategic High buyer in Q1 2015 was Shaker Financial Services, an estimated $1.41M added.
- The largest First Trust Strategic High seller in Q1 2015 was Advisors Asset Management, an estimated $560K sold.
Based on aggregated 13F filings for Q1 2015.