First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
86 hedge funds and large institutions have $784M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 18 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
161% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 18
16% more funds holding
Funds holding: 74 → 86 (+12)
11% more capital invested
Capital invested by funds: $704M → $784M (+$79.9M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$28.1M |
| 2 |
Morgan Stanley
New York
|
+$19.5M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$9.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.93M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$16.4M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$13M |
| 3 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$8.95M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$4.75M |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$1.09M |
HYLS Hedge Fund Activity: Q3 2016 in Review
86 of the 3,748 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 2016, worth a combined $784M — up 11% from $704M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HYLS positions and 3 closed out — a net gain of 13 holders — while 47 added to existing stakes and 18 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $28.1M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $16.4M.
- 86 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q3 2016, up from 74 in Q2 2016.
- Funds reported $784M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q3 2016, up 11% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q3 2016 and 3 closed out, a net change of +13 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q3 2016 was Horizon Investments, an estimated $28.1M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q3 2016 was Cambridge Investment Research Advisors, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2016.