First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
95 hedge funds and large institutions have $837M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 13 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1% more funds holding
Funds holding: 94 → 95 (+1)
3% less capital invested
Capital invested by funds: $868M → $837M (-$30M)
3.99% less ownership
Funds ownership: 73.52% → 69.53% (-4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$7.39M |
| 2 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$3.25M |
| 3 |
Morgan Stanley
New York
|
+$3.12M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.65M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$33.1M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$10.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.25M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
101
Private Advisory Group
Redmond,
Washington
| – | -$257K | -5,256 | Closed |
|
|
CWM
102
Concert Wealth Management
San Jose,
California
| – | -$248K | -5,082 | Closed |
|
|
ICOA
103
Investment Centers of America
Bismarck,
North Dakota
| – | -$211K | -4,280 | Closed |
|
|
SFS
104
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$206K | -4,176 | Closed |
|
|
MA
105
MCF Advisors
Covington,
Kentucky
| – | -$154K | -3,153 | Closed |
|
|
CBT
106
Central Bank & Trust
Lexington,
Kentucky
| – | -$13K | -273 | Closed |
|
107
SEI Investments
Oaks,
Pennsylvania
| – | +$49 | +1 | New |
|
HYLS Hedge Fund Activity: Q2 2017 in Review
95 of the 4,011 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 2017, worth a combined $837M — down 3.5% from $868M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new HYLS positions and 13 closed out — a net gain of 2 holders — while 41 added to existing stakes and 29 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $7.39M. The largest seller was Flow Traders U.S., cutting an estimated $33.1M.
- 95 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q2 2017, up from 94 in Q1 2017.
- Funds reported $837M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q2 2017, down 3.5% quarter-over-quarter.
- 15 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q2 2017 and 13 closed out, a net change of +2 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q2 2017 was MML Investors Services, an estimated $7.39M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q2 2017 was Flow Traders U.S., an estimated $33.1M sold.
Based on aggregated 13F filings for Q2 2017.