First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
38 hedge funds and large institutions have $268M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 6 closing their positions.
150% more capital invested
Capital invested by funds: $107M → $268M (+$161M)
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
9% more funds holding
Funds holding: 35 → 38 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$184M |
| 2 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$4.22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.89M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.44M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$944K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$17M |
| 2 |
Morgan Stanley
New York
|
-$6.97M |
| 3 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
-$1.92M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$1.23M |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
-$1.06M |
HYLS Hedge Fund Activity: Q4 2014 in Review
38 of the 3,750 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 Q4 2014, worth a combined $268M — up 150% from $107M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HYLS positions and 6 closed out — a net gain of 5 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $184M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $17M.
- 38 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q4 2014, up from 35 in Q3 2014.
- Funds reported $268M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q4 2014, up 150% quarter-over-quarter.
- 11 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q4 2014 and 6 closed out, a net change of +5 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q4 2014 was First Trust Advisors, an estimated $184M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $17M sold.
Based on aggregated 13F filings for Q4 2014.