First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
74 hedge funds and large institutions have $704M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 14 reducing their positions, and 12 closing their positions.
179% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 14
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
8% more capital invested
Capital invested by funds: $652M → $704M (+$51.5M)
3% more funds holding
Funds holding: 72 → 74 (+2)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$21.3M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$18.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$15.5M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$9.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$69.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$10.2M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.33M |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$2.06M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
76
Avalon Capital Management
Port Of Redwood City,
California
| – | -$2.06M | -43,511 | Closed |
|
|
VKH
77
Virtu KCG Holdings
New York
| – | -$1.64M | -34,507 | Closed |
|
|
LI
78
LVZ Inc
Holland,
Michigan
| – | -$1.34M | -28,257 | Closed |
|
|
AIG
79
American International Group
New York
| – | -$1.3M | -27,392 | Closed |
|
80
Millennium Management
New York
| – | -$476K | -10,044 | Closed |
|
|
JIP
81
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$336K | -7,095 | Closed |
|
|
WSTAM
82
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$266K | -5,608 | Closed |
|
|
LPT
83
Legacy Private Trust
Neenah,
Wisconsin
| – | -$216K | -4,560 | Closed |
|
|
GI
84
Gradient Investments
Arden Hills,
Minnesota
| – | -$12K | -245 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$9K | -200 | Closed |
|
|
ATC
86
Adirondack Trust Company
Saratoga Springs,
New York
| – | -$2K | -45 | Closed |
|
HYLS Hedge Fund Activity: Q2 2016 in Review
74 of the 3,748 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 Q2 2016, worth a combined $704M — up 7.9% from $652M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HYLS positions and 12 closed out — a net gain of 4 holders — while 39 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $25.2M. The largest seller was Flow Traders U.S., cutting an estimated $69.6M.
- 74 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q2 2016, up from 72 in Q1 2016.
- Funds reported $704M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q2 2016, up 7.9% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q2 2016 and 12 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q2 2016 was Morgan Stanley, an estimated $25.2M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q2 2016 was Flow Traders U.S., an estimated $69.6M sold.
Based on aggregated 13F filings for Q2 2016.