First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
206 hedge funds and large institutions have $947M 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
2% less funds holding
Funds holding: 210 → 206 (-4)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
11.6% less ownership
Funds ownership: 75.49% → 63.88% (-12%)
15% less capital invested
Capital invested by funds: $1.11B → $947M (-$167M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.41M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.15M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$143M |
| 2 |
OCM
One Capital Management
Westlake Village,
California
|
-$22.8M |
| 3 |
Jane Street
New York
|
-$11M |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$5.07M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.42M |
HYLS Hedge Fund Activity: Q1 2024 in Review
206 of the 6,942 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 $947M — down 15% from $1.11B 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 LPL Financial, adding an estimated $10.8M. The largest seller was Morgan Stanley, cutting an estimated $143M.
- 206 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2024, down from 210 in Q4 2023.
- Funds reported $947M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2024, down 15% 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 LPL Financial, an estimated $10.8M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2024 was Morgan Stanley, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2024.