First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
135 hedge funds and large institutions have $736M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 47 reducing their positions, and 23 closing their positions.
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 131 → 135 (+4)
5.91% less ownership
Funds ownership: 69.52% → 63.61% (-5.9%)
15% less capital invested
Capital invested by funds: $865M → $736M (-$128M)
15% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$22.3M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$16.7M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$10.5M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$9.83M |
| 5 |
AT
Arden Trust
Wilmington,
Delaware
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$39.1M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$18.5M |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$14.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$11.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWPCG
151
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
| – | -$19K | -400 | Closed |
|
|
GI
152
Gradient Investments
Arden Hills,
Minnesota
| – | -$13K | -270 | Closed |
|
|
AF
153
Advisornet Financial
Minnetonka,
Minnesota
| – | -$7K | -145 | Closed |
|
|
CPIG
154
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$3K | -70 | Closed |
|
155
Fidelity Investments
Boston,
Massachusetts
| – | +$140 | +3 | +300% |
|
HYLS Hedge Fund Activity: Q4 2018 in Review
135 of the 4,488 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 2018, worth a combined $736M — down 15% from $865M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new HYLS positions and 23 closed out — a net gain of 6 holders — while 40 added to existing stakes and 47 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $22.3M. The largest seller was Morgan Stanley, cutting an estimated $39.1M.
- 135 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q4 2018, up from 131 in Q3 2018.
- Funds reported $736M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q4 2018, down 15% quarter-over-quarter.
- 29 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q4 2018 and 23 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q4 2018 was Jane Street, an estimated $22.3M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q4 2018 was Morgan Stanley, an estimated $39.1M sold.
Based on aggregated 13F filings for Q4 2018.