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First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF

15 hedge funds and large institutions have $7.51M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

6% less funds holding

Funds holding: 1615 (-1)

31% less capital invested

Capital invested by funds: $10.9M → $7.51M (-$3.36M)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
15
Holders Change
-1
Holders Change %
-6.25%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
6
Reduced
3
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$2.83M -$2.96M -60,536 -51%
Citigroup
2
Citigroup
New York
$2.5M
Jane Street
3
Jane Street
New York
$857K +$262K +5,365 +46%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$374K -$147K -3,016 -29%
MFS
5
MSI Financial Services
Massachusetts
$241K +$24.6K +503 +12%
GS
6
Girard Securities
California
$216K -$19.2K -393 -8%
IA
7
IFP Advisors
Florida
$169K +$110K +2,242 +196%
UBS Group
8
UBS Group
Switzerland
$104K +$101K +2,076 New
GWM
9
Geneos Wealth Management
Colorado
$88K +$14.7K +300 +21%
AG
10
Advisor Group
Arizona
$69K +$68.9K +1,410 New
NFG
11
Next Financial Group
Texas
$28K
TRCT
12
Tower Research Capital (TRC)
New York
$16K +$6.11K +125 +63%
BFEC
13
Benjamin F. Edwards & Company
Missouri
$5K
WA
14
WFG Advisors
Texas
$5K +$49 +1 +1%
VKH
15
Virtu KCG Holdings
New York
-$749K -15,563 Closed
IH
16
IFC Holdings
Florida
-$380K -7,966 Closed
AIG
17
American International Group
New York
-$77K -1,586 Closed

HISF Hedge Fund Activity: Q2 2016 in Review

15 of the 3,748 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 2016, worth a combined $7.51M — down 31% from $10.9M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of HISF and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.

The largest buyer was Jane Street, adding an estimated $262K. The largest seller was LPL Financial, cutting an estimated $2.96M.

  • 15 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q2 2016, down from 16 in Q1 2016.
  • Funds reported $7.51M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q2 2016, down 31% quarter-over-quarter.
  • 2 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q2 2016 and 3 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 Q2 2016 was Jane Street, an estimated $262K added.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q2 2016 was LPL Financial, an estimated $2.96M sold.

Based on aggregated 13F filings for Q2 2016.