First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
131 hedge funds and large institutions have $865M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 38 reducing their positions, and 16 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 38
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
3% more funds holding
Funds holding: 127 → 131 (+4)
4% more capital invested
Capital invested by funds: $834M → $865M (+$30.4M)
1.16% less ownership
Funds ownership: 70.68% → 69.52% (-1.2%)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.99M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.31M |
| 3 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$6.25M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.64M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$19.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.57M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.64M |
| 4 |
IF
IRON Financial
Northbrook,
Illinois
|
-$2.26M |
| 5 |
Morgan Stanley
New York
|
-$2.19M |
HYLS Hedge Fund Activity: Q3 2018 in Review
131 of the 4,375 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 Q3 2018, worth a combined $865M — up 3.6% from $834M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HYLS positions and 16 closed out — a net gain of 4 holders — while 53 added to existing stakes and 38 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.99M. The largest seller was Aviance Capital Management, cutting an estimated $19.7M.
- 131 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q3 2018, up from 127 in Q2 2018.
- Funds reported $865M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q3 2018, up 3.6% quarter-over-quarter.
- 20 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q3 2018 and 16 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q3 2018 was Wells Fargo, an estimated $7.99M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q3 2018 was Aviance Capital Management, an estimated $19.7M sold.
Based on aggregated 13F filings for Q3 2018.