First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
222 hedge funds and large institutions have $1.03B invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2025 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 94 increasing their positions, 77 reducing their positions, and 32 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 77
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.17% less ownership
Funds ownership: 62.44% → 62.28% (-0.17%)
5% less funds holding
Funds holding: 234 → 222 (-12)
20% less capital invested
Capital invested by funds: $1.28B → $1.03B (-$253M)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$25.9M |
| 2 |
Morgan Stanley
New York
|
+$22.2M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$5.67M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.65M |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$5.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$15M |
| 2 |
Jane Street
New York
|
-$14.4M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$13.4M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$11.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIL
251
Rothschild Investment LLC
Chicago,
Illinois
| – | -$4.71K | -114 | Closed |
|
252
Fidelity Investments
Boston,
Massachusetts
| – | -$2.36K | -57 | Closed |
|
|
TRCT
253
Tower Research Capital (TRC)
New York
| – | -$248 | -6 | Closed |
|
|
CAWM
254
Capital A Wealth Management
New Castle,
Pennsylvania
| – | -$165 | -4 | Closed |
|
HYLS Hedge Fund Activity: Q1 2025 in Review
222 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) for Q1 2025, worth a combined $1.03B — down 20% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of HYLS and 25 opened new positions — a net loss of 7 holders — while 77 trimmed existing stakes and 94 added.
The largest buyer was LPL Financial, adding an estimated $25.9M. The largest seller was Bank of America, cutting an estimated $15M.
- 222 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2025, down from 234 in Q4 2024.
- Funds reported $1.03B of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2025, down 20% quarter-over-quarter.
- 25 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2025 and 32 closed out, a net change of -7 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2025 was LPL Financial, an estimated $25.9M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2025 was Bank of America, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2025.