First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
141 hedge funds and large institutions have $846M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 34 reducing their positions, and 15 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 34
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
12% more capital invested
Capital invested by funds: $758M → $846M (+$88.7M)
6% more funds holding
Funds holding: 133 → 141 (+8)
1.37% less ownership
Funds ownership: 62.3% → 60.94% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$26.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.92M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
+$6.15M |
| 5 |
Jane Street
New York
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LVZ Inc
Holland,
Michigan
|
-$16.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.24M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$2.42M |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$2.14M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -53 | Closed |
|
|
APC
152
Aspire Private Capital
Cornelius,
North Carolina
| – | -$1K | -28 | Closed |
|
|
AC
153
Avestar Capital
New York
| – | -$1K | -25 | Closed |
|
154
Fidelity Investments
Boston,
Massachusetts
| – | -$48 | -1 | -50% |
|
HYLS Hedge Fund Activity: Q3 2019 in Review
141 of the 4,560 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 2019, worth a combined $846M — up 12% from $758M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HYLS positions and 15 closed out — a net gain of 8 holders — while 65 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $26.2M. The largest seller was LVZ Inc, cutting an estimated $16.4M.
- 141 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q3 2019, up from 133 in Q2 2019.
- Funds reported $846M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q3 2019, up 12% quarter-over-quarter.
- 23 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q3 2019 and 15 closed out, a net change of +8 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q3 2019 was Morgan Stanley, an estimated $26.2M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q3 2019 was LVZ Inc, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2019.