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First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

124 hedge funds and large institutions have $888M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 6

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

28% more funds holding

Funds holding: 97124 (+27)

16% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 37

0.13% more ownership

Funds ownership: 72.08%72.22% (+0.13%)

0% less capital invested

Capital invested by funds: $889M → $888M (-$1.61M)

Holders
124
Holders Change
+27
Holders Change %
+27.84%
% of All Funds
2.81%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.18%
New
33
Increased
43
Reduced
37
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$183M -$15.1M -309,117 -8%
First Trust Advisors
2
First Trust Advisors
Illinois
$172M -$11M -226,649 -6%
ACM
3
Aviance Capital Management
Florida
$101M +$4.31M +88,438 +4%
Wells Fargo
4
Wells Fargo
California
$43.2M -$4.58M -94,042 -10%
Bank of America
5
Bank of America
North Carolina
$39.5M +$3.87M +79,378 +11%
AWMS
6
Advocacy Wealth Management Services
Georgia
$38.8M +$8.61M +176,676 +28%
JCM
7
Janney Capital Management
Pennsylvania
$33M +$191K +3,921 +0.6%
UBS Group
8
UBS Group
Switzerland
$27.9M -$2.86M -58,645 -9%
LPL Financial
9
LPL Financial
California
$17.4M -$562K -11,543 -3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$16.2M +$1.92M +39,410 +13%
FAM
11
Flaharty Asset Management
Florida
$14.4M +$292K +6,000 +2%
BFG
12
Beacon Financial Group
Texas
$13.5M -$744K -15,269 -5%
FMP
13
Financial Management Professionals
Texas
$12.7M +$291K +5,973 +2%
Stifel Financial
14
Stifel Financial
Missouri
$10.1M +$369K +7,572 +4%
MML Investors Services
15
MML Investors Services
Massachusetts
$9.39M +$889K +18,257 +10%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$9.34M -$1.43M -29,356 -13%
IA
17
IFP Advisors
Florida
$9M +$2.39M +48,974 +36%
1IA
18
1834 Investment Advisors
Wisconsin
$7.88M +$550K +11,284 +7%
Jane Street
19
Jane Street
New York
$6.73M +$1.68M +34,562 +33%
MMA
20
Miracle Mile Advisors
California
$6.51M -$327K -6,705 -5%
MAP
21
Milestone Advisory Partners
North Carolina
$5.98M +$6M +123,197 New
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$5.27M +$1.89M +38,897 +56%
MIFH
23
Migdal Insurance & Financial Holdings
Israel
$4.95M -$4.58K -94 -0.1%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$4.36M +$272K +5,578 +7%
FAAS
25
First Allied Advisory Services
California
$4.22M -$136K -2,792 -3%

HYLS Hedge Fund Activity: Q4 2017 in Review

124 of the 4,409 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 Q4 2017, worth a combined $888M — down 0.18% from $889M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new HYLS positions and 6 closed out — a net gain of 27 holders — while 43 added to existing stakes and 37 trimmed.

The largest buyer was Advocacy Wealth Management Services, adding an estimated $8.61M. The largest seller was Morgan Stanley, cutting an estimated $15.1M.

  • 124 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q4 2017, up from 97 in Q3 2017.
  • Funds reported $888M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q4 2017, down 0.18% quarter-over-quarter.
  • 33 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q4 2017 and 6 closed out, a net change of +27 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q4 2017 was Advocacy Wealth Management Services, an estimated $8.61M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q4 2017 was Morgan Stanley, an estimated $15.1M sold.

Based on aggregated 13F filings for Q4 2017.