First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
35 hedge funds and large institutions have $61.4M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
18% more capital invested
Capital invested by funds: $52.2M → $61.4M (+$9.21M)
9% more funds holding
Funds holding: 32 → 35 (+3)
6.11% more ownership
Funds ownership: 54.12% → 60.23% (+6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.37M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.93M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.75M |
| 4 |
Jane Street
New York
|
+$1.05M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$264K |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
-$221K |
| 3 |
Morgan Stanley
New York
|
-$140K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$127K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
26
SII Investments
Appleton,
Wisconsin
| $275K | +$10.4K | +205 | +4% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $267K | -$116K | -2,284 | -30% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $220K | +$1.53K | +30 | +0.7% |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| $102K | +$102K | +2,000 | New |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $11K | +$3.51K | +69 | +50% |
|
|
VWA
31
V Wealth Advisors
Overland Park,
Kansas
| $10K | +$10.2K | +200 | New |
|
|
PFGIA
32
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $7K | -$305 | -6 | -4% |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $5K | – | – | – |
|
|
WA
34
WFG Advisors
Dallas,
Texas
| $5K | +$51 | +1 | +1% |
|
|
35
Morgan Stanley
New York
| – | -$140K | -2,755 | Closed |
|
36
UBS Group
Zurich,
Switzerland
| – | -$1K | -25 | Closed |
|
HISF Hedge Fund Activity: Q2 2017 in Review
35 of the 4,011 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 Q2 2017, worth a combined $61.4M — up 18% from $52.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new HISF positions and 2 closed out — a net gain of 3 holders — while 19 added to existing stakes and 9 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $2.37M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $264K.
- 35 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q2 2017, up from 32 in Q1 2017.
- Funds reported $61.4M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q2 2017, up 18% quarter-over-quarter.
- 5 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q2 2017 and 2 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q2 2017 was MML Investors Services, an estimated $2.37M added.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q2 2017 was Cambridge Investment Research Advisors, an estimated $264K sold.
Based on aggregated 13F filings for Q2 2017.