First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
92 hedge funds and large institutions have $815M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 23 reducing their positions, and 12 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 23
74.1% more ownership
Funds ownership: 0% → 74.1% (+74%)
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more funds holding
Funds holding: 86 → 92 (+6)
4% more capital invested
Capital invested by funds: $784M → $815M (+$31.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$47.1M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$9.87M |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
+$2.64M |
| 5 |
BFG
Beacon Financial Group
Dallas,
Texas
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$28.1M |
| 2 |
Jane Street
New York
|
-$8.41M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.62M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.78M |
| 5 |
Morgan Stanley
New York
|
-$4.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WTB
101
Washington Trust Bank
Spokane,
Washington
| – | -$20K | -413 | Closed |
|
|
DADC
102
D.A. Davidson & Co
Great Falls,
Montana
| – | -$9K | -200 | Closed |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -150 | Closed |
|
HYLS Hedge Fund Activity: Q4 2016 in Review
92 of the 4,000 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 2016, worth a combined $815M — up 4% from $784M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HYLS positions and 12 closed out — a net gain of 7 holders — while 45 added to existing stakes and 23 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $47.1M. The largest seller was Horizon Investments, exiting entirely with an estimated $28.1M sold.
- 92 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q4 2016, up from 86 in Q3 2016.
- Funds reported $815M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q4 2016, up 4% quarter-over-quarter.
- 19 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q4 2016 and 12 closed out, a net change of +7 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q4 2016 was Flow Traders U.S., an estimated $47.1M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q4 2016 was Horizon Investments, an estimated $28.1M sold.
Based on aggregated 13F filings for Q4 2016.