First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
132 hedge funds and large institutions have $691M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 24 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 50
1.2% less ownership
Funds ownership: 63.61% → 62.42% (-1.2%)
2% less funds holding
Funds holding: 135 → 132 (-3)
6% less capital invested
Capital invested by funds: $736M → $691M (-$45.4M)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$16.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$14M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$11.7M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.55M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$5.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$41.2M |
| 2 |
Jane Street
New York
|
-$21.7M |
| 3 |
PI
PFS Investments
Duluth,
Georgia
|
-$14.7M |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$13.2M |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LPWM
151
Lake Point Wealth Management
Rockwall,
Texas
| – | -$8K | -173 | Closed |
|
|
W
152
WealthOne
Albany,
New York
| – | -$6K | -135 | Closed |
|
|
WP
153
WealthShield Partners
Cary,
North Carolina
| – | -$5K | -122 | Closed |
|
|
AF
154
Allworth Financial
Folsom,
California
| – | -$2K | -55 | Closed |
|
155
Fidelity Investments
Boston,
Massachusetts
| – | -$142 | -3 | -75% |
|
HYLS Hedge Fund Activity: Q1 2019 in Review
132 of the 4,621 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 2019, worth a combined $691M — down 6.2% from $736M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of HYLS and 21 opened new positions — a net loss of 3 holders — while 50 trimmed existing stakes and 49 added.
The largest buyer was Morgan Stanley, adding an estimated $16.2M. The largest seller was Horizon Investments, exiting entirely with an estimated $41.2M sold.
- 132 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2019, down from 135 in Q4 2018.
- Funds reported $691M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2019, down 6.2% quarter-over-quarter.
- 21 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2019 and 24 closed out, a net change of -3 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2019 was Morgan Stanley, an estimated $16.2M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2019 was Horizon Investments, an estimated $41.2M sold.
Based on aggregated 13F filings for Q1 2019.