First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
97 hedge funds and large institutions have $889M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 13 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 23
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
6% more capital invested
Capital invested by funds: $837M → $889M (+$52M)
2.55% more ownership
Funds ownership: 69.53% → 72.08% (+2.6%)
2% more funds holding
Funds holding: 95 → 97 (+2)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$14.8M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$14.2M |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$8.55M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.1M |
| 5 |
Jane Street
New York
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$9.35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.79M |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
-$1.86M |
| 5 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
101
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$383K | -7,779 | Closed |
|
|
ATC
102
Argent Trust Co
Nashville,
Tennessee
| – | -$323K | -6,569 | Closed |
|
|
SM
103
Sciencast Management
Princeton,
New Jersey
| – | -$284K | -5,780 | Closed |
|
|
SI
104
SII Investments
Appleton,
Wisconsin
| – | -$209K | -4,287 | Closed |
|
105
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$58K | -1,170 | Closed |
|
|
DADC
106
D.A. Davidson & Co
Great Falls,
Montana
| – | -$10K | -210 | Closed |
|
107
Creative Planning
Overland Park,
Kansas
| – | -$4K | -91 | Closed |
|
108
First Manhattan
New York
| – | -$4K | -85 | Closed |
|
|
GI
109
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -59 | Closed |
|
HYLS Hedge Fund Activity: Q3 2017 in Review
97 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 Q3 2017, worth a combined $889M — up 6.2% from $837M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HYLS positions and 13 closed out — a net gain of 3 holders — while 50 added to existing stakes and 23 trimmed.
The largest buyer was Janney Capital Management, adding an estimated $14.8M. The largest seller was BB&T Securities, cutting an estimated $9.35M.
- 97 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q3 2017, up from 95 in Q2 2017.
- Funds reported $889M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q3 2017, up 6.2% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q3 2017 and 13 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q3 2017 was Janney Capital Management, an estimated $14.8M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q3 2017 was BB&T Securities, an estimated $9.35M sold.
Based on aggregated 13F filings for Q3 2017.