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

163 hedge funds and large institutions have $1.11B invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

137% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 35

67% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 18

40% more capital invested

Capital invested by funds: $791M → $1.11B (+$316M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

8% more funds holding

Funds holding: 151163 (+12)

2.26% more ownership

Funds ownership: 62.08%64.34% (+2.3%)

Holders
163
Holders Change
+12
Holders Change %
+7.95%
% of All Funds
3.34%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.1%
New
30
Increased
83
Reduced
35
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$326M +$161M +3,541,802 +99%
First Trust Advisors
2
First Trust Advisors
Illinois
$111M -$20.6M -453,922 -16%
Wells Fargo
3
Wells Fargo
California
$92.2M +$25.8M +567,136 +39%
Bank of America
4
Bank of America
North Carolina
$45.4M +$13.5M +297,951 +43%
LPL Financial
5
LPL Financial
California
$41.1M +$16M +352,978 +65%
UBS Group
6
UBS Group
Switzerland
$39.5M +$19M +419,368 +95%
Jane Street
7
Jane Street
New York
$33.5M +$7.61M +167,574 +30%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$28.1M +$7.75M +170,589 +39%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$23.9M +$19.7M +433,933 +500%
Osaic Holdings
10
Osaic Holdings
Arizona
$21.7M +$8.58M +188,848 +66%
OCM
11
One Capital Management
California
$18.3M +$5.97M +131,369 +49%
HIM
12
Hanlon Investment Management
New Jersey
$17.9M +$17.7M +390,201 New
BFG
13
Beacon Financial Group
Texas
$17.3M +$1.47M +32,366 +9%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$16.8M +$11.6M +256,176 +233%
PAG
15
Private Advisor Group
New Jersey
$16.5M +$1.98M +43,679 +14%
Stifel Financial
16
Stifel Financial
Missouri
$15.8M -$1.31M -28,866 -8%
GIA
17
Gladstone Institutional Advisory
Florida
$14.6M +$12.2M +269,660 +545%
AFA
18
American Financial Advisors
Georgia
$13.4M +$460K +10,138 +4%
Truist Financial
19
Truist Financial
North Carolina
$12M +$11.2M +246,021 +1,623%
PNC
20
Park National Corp
Ohio
$11.6M +$744K +16,373 +7%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$9.28M +$2.83M +62,328 +44%
RJA
22
Raymond James & Associates
Florida
$8.63M +$4.34M +95,567 +103%
MIAN
23
Mariner Independent Advisor Network
Kansas
$8.14M +$8.03M +176,918 New
CAG
24
Csenge Advisory Group
Florida
$7.84M +$2.96M +65,205 +62%
SWP
25
Stratos Wealth Partners
Ohio
$6.43M +$5.36M +118,001 +531%

HYLS Hedge Fund Activity: Q2 2020 in Review

163 of the 4,878 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 Q2 2020, worth a combined $1.11B — up 40% from $791M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new HYLS positions and 18 closed out — a net gain of 12 holders — while 83 added to existing stakes and 35 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $161M. The largest seller was Flow Traders U.S., cutting an estimated $64.6M.

  • 163 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q2 2020, up from 151 in Q1 2020.
  • Funds reported $1.11B of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q2 2020, up 40% quarter-over-quarter.
  • 30 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q2 2020 and 18 closed out, a net change of +12 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q2 2020 was Morgan Stanley, an estimated $161M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q2 2020 was Flow Traders U.S., an estimated $64.6M sold.

Based on aggregated 13F filings for Q2 2020.