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

151 hedge funds and large institutions have $791M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 66 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% more ownership

Funds ownership: 61.47%62.08% (+0.6%)

7% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 27

3% less funds holding

Funds holding: 155151 (-4)

16% less capital invested

Capital invested by funds: $943M → $791M (-$153M)

29% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 66

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
151
Holders Change
-4
Holders Change %
-2.58%
% of All Funds
3.33%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
25
Increased
47
Reduced
66
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$150M +$3.09M +66,054 +2%
First Trust Advisors
2
First Trust Advisors
Illinois
$121M -$28.6M -611,105 -18%
FTUS
3
Flow Traders U.S.
New York
$61.8M +$68.5M +1,464,623 +17,225%
Wells Fargo
4
Wells Fargo
California
$60.6M -$83.2K -1,778 -0.1%
Bank of America
5
Bank of America
North Carolina
$29.1M -$9.65M -206,299 -23%
AWMS
6
Advocacy Wealth Management Services
Georgia
$24.6M +$1.51M +32,250 +6%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$23.7M +$26.4M +563,653 New
Jane Street
8
Jane Street
New York
$23.7M -$6.71M -143,419 -20%
LPL Financial
9
LPL Financial
California
$22.9M +$3.04M +64,908 +14%
UBS Group
10
UBS Group
Switzerland
$18.6M -$9.67M -206,713 -32%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$18.5M +$116K +2,475 +0.6%
Citadel Advisors
12
Citadel Advisors
Florida
$17.2M +$8.01M +171,108 +72%
Stifel Financial
13
Stifel Financial
Missouri
$15.6M +$754K +16,115 +5%
BFG
14
Beacon Financial Group
Texas
$14.5M +$2.06M +44,126 +15%
PAG
15
Private Advisor Group
New Jersey
$13.3M +$703K +15,031 +5%
AFA
16
American Financial Advisors
Georgia
$12.2M +$12.8M +273,969 New
Osaic Holdings
17
Osaic Holdings
Arizona
$11.9M +$13.3M +284,242 New
OCM
18
One Capital Management
California
$11.2M +$496K +10,599 +4%
PNC
19
Park National Corp
Ohio
$9.93M +$1.91M +40,912 +21%
MML Investors Services
20
MML Investors Services
Massachusetts
$8.01M +$7.18M +153,376 +410%
Carson Wealth (CWM LLC)
21
Carson Wealth (CWM LLC)
Nebraska
$6.33M
Qube Research & Technologies (QRT)
22
Qube Research & Technologies (QRT)
United Kingdom
$6.22M +$4.89M +104,503 +239%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$5.88M -$3.14M -67,064 -32%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$4.96M +$603K +12,878 +13%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$4.62M -$1.9M -40,601 -27%

HYLS Hedge Fund Activity: Q1 2020 in Review

151 of the 4,539 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 2020, worth a combined $791M — down 16% from $943M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of HYLS and 25 opened new positions — a net loss of 2 holders — while 66 trimmed existing stakes and 47 added.

The largest buyer was Flow Traders U.S., adding an estimated $68.5M. The largest seller was First Trust Advisors, cutting an estimated $28.6M.

  • 151 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2020, down from 155 in Q4 2019.
  • Funds reported $791M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2020, down 16% quarter-over-quarter.
  • 25 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2020 and 27 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 2020 was Flow Traders U.S., an estimated $68.5M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2020 was First Trust Advisors, an estimated $28.6M sold.

Based on aggregated 13F filings for Q1 2020.