First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
207 hedge funds and large institutions have $950M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 90 increasing their positions, 71 reducing their positions, and 18 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 71
0.97% less ownership
Funds ownership: 65.08% → 64.11% (-0.97%)
1% less capital invested
Capital invested by funds: $960M → $950M (-$10.1M)
2% less funds holding
Funds holding: 211 → 207 (-4)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$10.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.41M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
One Capital Management
Westlake Village,
California
|
-$22.8M |
| 2 |
Jane Street
New York
|
-$11M |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$5.07M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.42M |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$3.03M |
HYLS Hedge Fund Activity: Q1 2024 in Review
207 of the 6,958 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 2024, worth a combined $950M — down 1.1% from $960M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of HYLS and 16 opened new positions — a net loss of 2 holders — while 71 trimmed existing stakes and 90 added.
The largest buyer was Morgan Stanley, adding an estimated $12.9M. The largest seller was One Capital Management, cutting an estimated $22.8M.
- 207 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2024, down from 211 in Q4 2023.
- Funds reported $950M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2024, down 1.1% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2024 and 18 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 2024 was Morgan Stanley, an estimated $12.9M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2024 was One Capital Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q1 2024.