First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
151 hedge funds and large institutions have $791M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 66 reducing their positions, and 27 closing their positions.
0.6% more ownership
Funds ownership: 61.47% → 62.08% (+0.6%)
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
3% less funds holding
Funds holding: 155 → 151 (-4)
16% less capital invested
Capital invested by funds: $943M → $791M (-$153M)
29% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 66
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$68.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$26.4M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$12.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.01M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$7.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$28.6M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$22.8M |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$21.8M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$20.6M |
| 5 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$14.3M |
HYLS Hedge Fund Activity: Q1 2020 in Review
151 of the 4,539 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 2020, worth a combined $791M — down 16% from $943M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of HYLS and 25 opened new positions — a net loss of 2 holders — while 66 trimmed existing stakes and 47 added.
The largest buyer was Flow Traders U.S., adding an estimated $68.5M. The largest seller was First Trust Advisors, cutting an estimated $28.6M.
- 151 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2020, down from 155 in Q4 2019.
- Funds reported $791M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2020, down 16% quarter-over-quarter.
- 25 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2020 and 27 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2020 was Flow Traders U.S., an estimated $68.5M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2020 was First Trust Advisors, an estimated $28.6M sold.
Based on aggregated 13F filings for Q1 2020.