First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
128 hedge funds and large institutions have $861M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 36 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
42% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 36
3% more funds holding
Funds holding: 124 → 128 (+4)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3% less capital invested
Capital invested by funds: $888M → $861M (-$26.4M)
1.28% less ownership
Funds ownership: 72.22% → 70.94% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$16.3M |
| 2 |
Jane Street
New York
|
+$12.7M |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$8.29M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$5.55M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
+$5.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.7M |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$12.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$10.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.21M |
HYLS Hedge Fund Activity: Q1 2018 in Review
128 of the 4,373 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 2018, worth a combined $861M — down 3% from $888M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HYLS positions and 14 closed out — a net gain of 6 holders — while 51 added to existing stakes and 36 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $16.3M. The largest seller was Morgan Stanley, cutting an estimated $20.4M.
- 128 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2018, up from 124 in Q4 2017.
- Funds reported $861M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2018, down 3% quarter-over-quarter.
- 20 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2018 and 14 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2018 was Horizon Investments, an estimated $16.3M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2018 was Morgan Stanley, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2018.