First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
204 hedge funds and large institutions have $1.04B invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 83 increasing their positions, 74 reducing their positions, and 30 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 74
2% more capital invested
Capital invested by funds: $1.02B → $1.04B (+$19.6M)
1.69% less ownership
Funds ownership: 67.44% → 65.75% (-1.7%)
7% less funds holding
Funds holding: 220 → 204 (-16)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$11.5M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$6.74M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.67M |
| 4 |
OCM
One Capital Management
Westlake Village,
California
|
+$4.45M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.62M |
| 3 |
SG
StoneX Group
New York
|
-$5.59M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$5.21M |
| 5 |
MWAM
Manhattan West Asset Management
Los Angeles,
California
|
-$4.96M |
HYLS Hedge Fund Activity: Q1 2023 in Review
204 of the 6,275 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 2023, worth a combined $1.04B — up 1.9% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of HYLS and 18 opened new positions — a net loss of 12 holders — while 74 trimmed existing stakes and 83 added.
The largest buyer was LPL Financial, adding an estimated $11.5M. The largest seller was Bank of America, cutting an estimated $10.6M.
- 204 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2023, down from 220 in Q4 2022.
- Funds reported $1.04B of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2023, up 1.9% quarter-over-quarter.
- 18 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2023 and 30 closed out, a net change of -12 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2023 was LPL Financial, an estimated $11.5M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2023 was Bank of America, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2023.