First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
198 hedge funds and large institutions have $926M 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, 75 increasing their positions, 74 reducing their positions, and 29 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 74
5.79% less ownership
Funds ownership: 69.3% → 63.51% (-5.8%)
6% less funds holding
Funds holding: 211 → 198 (-13)
8% less capital invested
Capital invested by funds: $1.01B → $926M (-$82.1M)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
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 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$5.55M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$5.55M |
| 4 |
OCM
One Capital Management
Westlake Village,
California
|
+$5.27M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$4.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Prostatis Group
Hanover,
Maryland
|
-$64.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$26.9M |
| 3 |
Morgan Stanley
New York
|
-$20.3M |
| 4 |
Jane Street
New York
|
-$18.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$12.1M |
HYLS Hedge Fund Activity: Q3 2023 in Review
198 of the 6,301 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 $926M — down 8.1% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of HYLS and 18 opened new positions — a net loss of 11 holders — while 74 trimmed existing stakes and 75 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $8.49M. The largest seller was Prostatis Group, cutting an estimated $64.4M.
- 198 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 $926M 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 29 closed out, a net change of -11 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 Prostatis Group, an estimated $64.4M sold.
Based on aggregated 13F filings for Q3 2023.