First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
29 hedge funds and large institutions have $23.5M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 9 closing their positions.
12.4% less ownership
Funds ownership: 54.29% → 41.88% (-12%)
15% less funds holding
Funds holding: 34 → 29 (-5)
32% less capital invested
Capital invested by funds: $34.5M → $23.5M (-$11M)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$912K |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$911K |
| 3 |
Morgan Stanley
New York
|
+$257K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$219K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.93M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.97M |
| 4 |
Jane Street
New York
|
-$1.45M |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $5K | -$6.77K | -153 | -59% |
|
|
CFGS
27
Concourse Financial Group Securities
Birmingham,
Alabama
| $4K | – | – | – |
|
|
AA
28
AlphaMark Advisors
Ft. Wright,
Kentucky
| $3K | – | – | – |
|
|
IWP
29
IAG Wealth Partners
Waukesha,
Wisconsin
| $1K | – | – | – |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.97M | -47,683 | Closed |
|
|
31
Jane Street
New York
| – | -$1.45M | -35,112 | Closed |
|
|
DADC
32
D.A. Davidson & Co
Great Falls,
Montana
| – | -$499K | -12,067 | Closed |
|
|
TC
33
TownSquare Capital
Provo,
Utah
| – | -$1.18M | -10,660 | Closed |
|
34
MML Investors Services
Springfield,
Massachusetts
| – | -$234K | -5,654 | Closed |
|
|
TWM
35
Triton Wealth Management
Sun City,
Arizona
| – | -$220K | -4,998 | Closed |
|
|
AIC
36
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$57K | -1,385 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$17K | -421 | Closed |
|
|
CTC
38
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -100 | Closed |
|
HISF Hedge Fund Activity: Q2 2020 in Review
29 of the 4,877 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 2020, worth a combined $23.5M — down 32% from $34.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HISF and 4 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was AE Wealth Management, adding an estimated $912K. The largest seller was Royal Bank of Canada, cutting an estimated $6.4M.
- 29 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q2 2020, down from 34 in Q1 2020.
- Funds reported $23.5M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q2 2020, down 32% quarter-over-quarter.
- 4 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q2 2020 and 9 closed out, a net change of -5 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q2 2020 was AE Wealth Management, an estimated $912K added.
- The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q2 2020 was Royal Bank of Canada, an estimated $6.4M sold.
Based on aggregated 13F filings for Q2 2020.