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

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.

New
Increased
Maintained
Reduced
Closed

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: 3332 (-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

Holders
32
Holders Change
-1
Holders Change %
-3.03%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
9
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$10.1M +$1.33M +27,820 +15%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$7.12M -$4.15M -86,528 -36%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$5.62M +$5.37M +112,117 +1,187%
LPL Financial
4
LPL Financial
California
$3.84M -$152K -3,171 -4%
Jane Street
5
Jane Street
New York
$3.3M +$1.44M +30,104 +73%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$3.16M +$1.26M +26,221 +62%
RFWA
7
RPg Family Wealth Advisory
Massachusetts
$2.32M -$10.9K -228 -0.5%
AG
8
Advisor Group
Arizona
$1.99M -$193K -4,034 -9%
FAAS
9
First Allied Advisory Services
California
$1.66M -$115K -2,394 -6%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$1.36M +$1.1M +22,913 +353%
AIM
11
Advantage Investment Management
Iowa
$1.2M +$719 +15 +0.1%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$960K +$173K +3,609 +21%
DI
13
DFPG Investments
Utah
$792K +$820K +17,115 New
DADC
14
D.A. Davidson & Co
Montana
$612K -$906K -18,910 -59%
NWM
15
Northwest Wealth Management
Iowa
$505K -$55.5K -1,158 -10%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$493K -$357K -7,452 -41%
MML Investors Services
17
MML Investors Services
Massachusetts
$354K +$3.54K +74 +1%
BTS
18
BB&T Securities
Virginia
$204K
GWM
19
Geneos Wealth Management
Colorado
$130K -$28.5K -595 -17%
AIC
20
Ameritas Investment Company
Nebraska
$76K +$78.8K +1,645 New
IA
21
IFP Advisors
Florida
$68K -$62.5K -1,305 -47%
FHA
22
First Horizon Advisors
Tennessee
$30K +$383 +8 +1%
Carson Wealth (CWM LLC)
23
Carson Wealth (CWM LLC)
Nebraska
$28K -$2.92K -61 -9%
QCIG
24
Quad-Cities Investment Group
Iowa
$22K
APA
25
American Portfolios Advisors
New York
$19.7K -$29K -605 -59%

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.