First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
199 hedge funds and large institutions have $929M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 77 increasing their positions, 73 reducing their positions, and 28 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 73
1.6% less ownership
Funds ownership: 65.33% → 63.73% (-1.6%)
6% less funds holding
Funds holding: 211 → 199 (-12)
36% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 28
49% less capital inflows, than outflows
Capital inflows: $75.4M | Capital outflows: $148M
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$8.49M |
| 2 |
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$5.55M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$5.55M |
| 4 |
One Capital Management
Westlake Village,
California
|
+$5.27M |
| 5 |
Ocean Park Asset Management
Santa Monica,
California
|
+$4.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$26.9M |
| 2 |
Morgan Stanley
New York
|
-$20.3M |
| 3 |
Jane Street
New York
|
-$18.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$12.1M |
| 5 |
Beacon Financial Group
Dallas,
Texas
|
-$10.4M |
HYLS Hedge Fund Activity: Q3 2023 in Review
199 of the 6,316 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 2023, worth a combined $929M — down 8.1% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of HYLS and 18 opened new positions — a net loss of 10 holders — while 73 trimmed existing stakes and 77 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $8.49M. The largest seller was Royal Bank of Canada, cutting an estimated $26.9M.
- 199 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q3 2023, down from 211 in Q2 2023.
- Funds reported $929M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q3 2023, down 8.1% quarter-over-quarter.
- 18 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q3 2023 and 28 closed out, a net change of -10 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q3 2023 was Commonwealth Equity Services, an estimated $8.49M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q3 2023 was Royal Bank of Canada, an estimated $26.9M sold.
Based on aggregated 13F filings for Q3 2023.