First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
32 hedge funds and large institutions have $52.2M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
19% more funds holding
Funds holding: 27 → 32 (+5)
16% more capital invested
Capital invested by funds: $44.8M → $52.2M (+$7.39M)
14.43% less ownership
Funds ownership: 68.55% → 54.12% (-14%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.28M |
| 2 |
Jane Street
New York
|
+$2.24M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$2.02M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.86M |
| 5 |
NWM
Northwest Wealth Management
Spencer,
Iowa
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$766K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$609K |
| 3 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$396K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$389K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$363K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $140K | +$140K | +2,755 | New |
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7K | +$6.94K | +137 | New |
|
|
PFGIA
28
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $7K | +$6.94K | +137 | New |
|
|
WA
29
WFG Advisors
Dallas,
Texas
| $5K | -$389K | -7,674 | -99% |
|
|
BFEC
30
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $5K | – | – | – |
|
31
UBS Group
Zurich,
Switzerland
| $1K | -$20.3K | -401 | -94% |
|
|
32
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$363K | -7,253 | Closed |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| – | -$68K | -1,350 | Closed |
|
HISF Hedge Fund Activity: Q1 2017 in Review
32 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) for Q1 2017, worth a combined $52.2M — up 16% from $44.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HISF positions and 2 closed out — a net gain of 6 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $5.28M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $766K.
- 32 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q1 2017, up from 27 in Q4 2016.
- Funds reported $52.2M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q1 2017, up 16% quarter-over-quarter.
- 8 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q1 2017 and 2 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q1 2017 was Cambridge Investment Research Advisors, an estimated $5.28M added.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q1 2017 was Raymond James Financial Services Advisors, an estimated $766K sold.
Based on aggregated 13F filings for Q1 2017.