First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
94 hedge funds and large institutions have $868M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 24 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 24
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $815M → $868M (+$52.6M)
2% more funds holding
Funds holding: 92 → 94 (+2)
0.58% less ownership
Funds ownership: 74.1% → 73.52% (-0.58%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$24.7M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$12.1M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$10.4M |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$10.3M |
| 5 |
Morgan Stanley
New York
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$30.8M |
| 2 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$9.69M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.31M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.29M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
101
Next Financial Group
Houston,
Texas
| – | -$58K | -1,201 | Closed |
|
|
BIG
102
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$11K | -224 | Closed |
|
103
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -184 | Closed |
|
HYLS Hedge Fund Activity: Q1 2017 in Review
94 of the 4,018 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 2017, worth a combined $868M — up 6.5% from $815M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new HYLS positions and 10 closed out — a net gain of 4 holders — while 48 added to existing stakes and 24 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $24.7M. The largest seller was Flow Traders U.S., cutting an estimated $30.8M.
- 94 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2017, up from 92 in Q4 2016.
- Funds reported $868M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2017, up 6.5% quarter-over-quarter.
- 14 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2017 and 10 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2017 was First Trust Advisors, an estimated $24.7M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2017 was Flow Traders U.S., an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2017.