First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
37 hedge funds and large institutions have $25.4M invested in First Trust Strategic High in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 6 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
1% more capital invested
Capital invested by funds: $25.1M → $25.4M (+$324K)
8% less funds holding
Funds holding: 40 → 37 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.32M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.3M |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
+$961K |
| 4 |
Morgan Stanley
New York
|
+$703K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.79M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$808K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$527K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$365K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$243K |
FHY Hedge Fund Activity: Q1 2016 in Review
37 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q1 2016, worth a combined $25.4M — up 1.3% from $25.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FHY and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.32M. The largest seller was Matisse Capital, cutting an estimated $1.79M.
- 37 institutional investors held First Trust Strategic High (FHY) as of Q1 2016, down from 40 in Q4 2015.
- Funds reported $25.4M of First Trust Strategic High stock for Q1 2016, up 1.3% quarter-over-quarter.
- 4 funds opened new First Trust Strategic High positions in Q1 2016 and 6 closed out, a net change of -2 holders.
- The largest First Trust Strategic High buyer in Q1 2016 was Laurion Capital Management, an estimated $1.32M added.
- The largest First Trust Strategic High seller in Q1 2016 was Matisse Capital, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2016.