First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
36 hedge funds and large institutions have $305M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 7 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
14% more capital invested
Capital invested by funds: $268M → $305M (+$37.5M)
5% less funds holding
Funds holding: 38 → 36 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$23.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.15M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.56M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.57M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.41M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.17M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$926K |
| 4 |
Jane Street
New York
|
-$770K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$457K |
HYLS Hedge Fund Activity: Q1 2015 in Review
36 of the 3,752 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 2015, worth a combined $305M — up 14% from $268M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HYLS and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was First Trust Advisors, adding an estimated $23.7M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.41M sold.
- 36 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2015, down from 38 in Q4 2014.
- Funds reported $305M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2015, up 14% quarter-over-quarter.
- 5 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2015 and 7 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2015 was First Trust Advisors, an estimated $23.7M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2015 was Virtu KCG Holdings, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2015.