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

34 hedge funds and large institutions have $34.5M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.58% more ownership

Funds ownership: 53.71%54.29% (+0.58%)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

6% less funds holding

Funds holding: 3634 (-2)

28% less capital invested

Capital invested by funds: $48.2M → $34.5M (-$13.7M)

40% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 15

Holders
34
Holders Change
-2
Holders Change %
-5.56%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
9
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$7.66M -$209K -4,334 -2%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$6.41M -$1.45M -30,032 -16%
LPL Financial
3
LPL Financial
California
$5.05M -$598K -12,400 -9%
Osaic Holdings
4
Osaic Holdings
Arizona
$3.14M +$3.66M +75,954 New
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$1.97M +$2.01M +41,764 +706%
Jane Street
6
Jane Street
New York
$1.45M +$603K +12,501 +55%
TC
7
TownSquare Capital
Utah
$1.18M +$514K +10,660 New
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$1.01M -$323K -6,708 -22%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$823K -$3.7M -76,702 -79%
CIAS
10
Capital Investment Advisory Services
North Carolina
$784K +$144K +2,995 +19%
DI
11
DFPG Investments
Utah
$674K -$19.5K -404 -3%
CCFM
12
Clear Creek Financial Management
Washington
$631K -$3.18K -66 -0.5%
DADC
13
D.A. Davidson & Co
Montana
$499K -$69K -1,430 -11%
AWM
14
AE Wealth Management
Kansas
$451K -$29K -602 -5%
SS
15
Simplicity Solutions
Minnesota
$435K -$31.9K -661 -6%
Truist Financial
16
Truist Financial
North Carolina
$381K +$140K +2,894 +46%
FTUS
17
Flow Traders U.S.
New York
$316K +$88K +1,825 +31%
CA
18
Cetera Advisors
Colorado
$267K +$96.4K +2,000 +45%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$236K -$37.8K -783 -12%
MML Investors Services
20
MML Investors Services
Massachusetts
$234K -$80.9K -1,677 -23%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$227K +$8.05K +167 +3%
MAFM
22
Mid Atlantic Financial Management
Pennsylvania
$225K +$14.8K +306 +6%
TWM
23
Triton Wealth Management
Arizona
$220K +$241K +4,998 New
GWM
24
Geneos Wealth Management
Colorado
$82K
AIC
25
Ameritas Investment Company
Nebraska
$57K +$66.8K +1,385 New

HISF Hedge Fund Activity: Q1 2020 in Review

34 of the 4,538 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 2020, worth a combined $34.5M — down 28% from $48.2M a quarter earlier.

Fund positioning in HISF was balanced in Q1 2020: 6 funds opened new positions, 6 closed out, 9 added to existing stakes and 15 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $2.01M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $3.7M.

  • 34 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q1 2020, down from 36 in Q4 2019.
  • Funds reported $34.5M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q1 2020, down 28% quarter-over-quarter.
  • 6 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q1 2020 and 6 closed out, a net change of 0 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $2.01M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q1 2020 was Cambridge Investment Research Advisors, an estimated $3.7M sold.

Based on aggregated 13F filings for Q1 2020.