First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
31 hedge funds and large institutions have $43M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 6 closing their positions.
3% less funds holding
Funds holding: 32 → 31 (-1)
6.19% less ownership
Funds ownership: 60.26% → 54.07% (-6.2%)
6% less capital invested
Capital invested by funds: $46M → $43M (-$2.98M)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03M |
| 2 |
LPL Financial
San Diego,
California
|
+$908K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$270K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$208K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.31M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.66M |
| 4 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$1.19M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
26
Realta Investment Advisors
Wilmington,
Delaware
| $8K | +$7.82K | +160 | New |
|
|
CWA
27
Clarus Wealth Advisors
Peoria,
Arizona
| $5K | – | – | – |
|
|
AA
28
AlphaMark Advisors
Ft. Wright,
Kentucky
| $4K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $1K | – | – | – |
|
|
30
Jane Street
New York
| – | -$3.3M | -71,270 | Closed |
|
|
FAAS
31
First Allied Advisory Services
San Diego,
California
| – | -$1.66M | -35,747 | Closed |
|
|
AIC
32
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$76K | -1,645 | Closed |
|
|
FHA
33
First Horizon Advisors
Memphis,
Tennessee
| – | -$30K | -656 | Closed |
|
34
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$28K | -600 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$2K | -44 | Closed |
|
36
Wells Fargo
San Francisco,
California
| – | +$49 | +1 | New |
|
HISF Hedge Fund Activity: Q1 2019 in Review
31 of the 4,620 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 2019, worth a combined $43M — down 6.5% from $46M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HISF and 5 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.03M. The largest seller was Jane Street, exiting entirely with an estimated $3.3M sold.
- 31 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q1 2019, down from 32 in Q4 2018.
- Funds reported $43M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q1 2019, down 6.5% quarter-over-quarter.
- 5 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q1 2019 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 Q1 2019 was Royal Bank of Canada, an estimated $1.03M added.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q1 2019 was Jane Street, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2019.