First Trust Strategic High
FHY was delisted on the 22nd of June, 2018.
36 hedge funds and large institutions have $27.9M invested in First Trust Strategic High in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
10% more capital invested
Capital invested by funds: $25.4M → $27.9M (+$2.51M)
3% less funds holding
Funds holding: 37 → 36 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.24M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$614K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$581K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$472K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$2.5M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.39M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$309K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
-$291K |
| 5 |
LPL Financial
San Diego,
California
|
-$291K |
FHY Hedge Fund Activity: Q2 2016 in Review
36 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Strategic High (FHY) for Q2 2016, worth a combined $27.9M — up 9.9% from $25.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FHY and 6 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $2.24M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $2.5M sold.
- 36 institutional investors held First Trust Strategic High (FHY) as of Q2 2016, down from 37 in Q1 2016.
- Funds reported $27.9M of First Trust Strategic High stock for Q2 2016, up 9.9% quarter-over-quarter.
- 6 funds opened new First Trust Strategic High positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest First Trust Strategic High buyer in Q2 2016 was Morgan Stanley, an estimated $2.24M added.
- The largest First Trust Strategic High seller in Q2 2016 was Pine River Capital Management, an estimated $2.5M sold.
Based on aggregated 13F filings for Q2 2016.