First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
32 hedge funds and large institutions have $46M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 6 closing their positions.
5.97% more ownership
Funds ownership: 54.29% → 60.26% (+6%)
2% more capital invested
Capital invested by funds: $45.1M → $46M (+$905K)
3% less funds holding
Funds holding: 33 → 32 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.37M |
| 2 |
Jane Street
New York
|
+$1.44M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.33M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.26M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.15M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$906K |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$900K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$374K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$357K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $19K | +$20.2K | +421 | New |
|
|
CFGS
27
Concourse Financial Group Securities
Birmingham,
Alabama
| $18K | +$19.2K | +400 | New |
|
|
CWA
28
Clarus Wealth Advisors
Peoria,
Arizona
| $5K | – | – | – |
|
|
AA
29
AlphaMark Advisors
Ft. Wright,
Kentucky
| $3K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $2K | +$2.11K | +44 | New |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $1K | – | – | – |
|
|
FAIM
32
Financial Advocates Investment Management
Olympia,
Washington
| – | -$900K | -18,301 | Closed |
|
|
CWM
33
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$200K | -10,237 | Closed |
|
|
34
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$374K | -7,604 | Closed |
|
35
Stifel Financial
St. Louis,
Missouri
| – | -$283K | -5,733 | Closed |
|
|
SWP
36
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$96K | -1,957 | Closed |
|
|
WSTAM
37
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$44K | -900 | Closed |
|
HISF Hedge Fund Activity: Q4 2018 in Review
32 of the 4,489 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 Q4 2018, worth a combined $46M — up 2% from $45.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HISF and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 9 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.37M. The largest seller was Royal Bank of Canada, cutting an estimated $4.15M.
- 32 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q4 2018, down from 33 in Q3 2018.
- Funds reported $46M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q4 2018, up 2% quarter-over-quarter.
- 5 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q4 2018 and 6 closed out, a net change of -1 holder.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q4 2018 was Susquehanna International Group, an estimated $5.37M added.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q4 2018 was Royal Bank of Canada, an estimated $4.15M sold.
Based on aggregated 13F filings for Q4 2018.