First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
72 hedge funds and large institutions have $652M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
54% more capital invested
Capital invested by funds: $424M → $652M (+$229M)
24% more funds holding
Funds holding: 58 → 72 (+14)
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$99.2M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$56.2M |
| 3 |
Morgan Stanley
New York
|
+$39.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.5M |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$7.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$20.7M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$3.94M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.06M |
| 4 |
Jane Street
New York
|
-$1.8M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
M&T Bank
Buffalo,
New York
| – | -$209K | -4,451 | Closed |
|
|
TFA
77
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$79K | -1,680 | Closed |
|
|
CCS
78
Crosspoint Capital Strategies
Orinda,
California
| – | -$68K | -1,378 | Closed |
|
HYLS Hedge Fund Activity: Q1 2016 in Review
72 of the 3,753 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 2016, worth a combined $652M — up 54% from $424M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new HYLS positions and 7 closed out — a net gain of 14 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $99.2M. The largest seller was First Trust Advisors, cutting an estimated $20.7M.
- 72 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2016, up from 58 in Q4 2015.
- Funds reported $652M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2016, up 54% quarter-over-quarter.
- 21 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2016 and 7 closed out, a net change of +14 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2016 was Flow Traders U.S., an estimated $99.2M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2016 was First Trust Advisors, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2016.