First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
224 hedge funds and large institutions have $1.02B invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2025 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 93 increasing their positions, 80 reducing their positions, and 32 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 80
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.52% less ownership
Funds ownership: 62.48% → 61.96% (-0.52%)
3% less capital inflows, than outflows
Capital inflows: $104M | Capital outflows: $107M
5% less funds holding
Funds holding: 236 → 224 (-12)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$25.9M |
| 2 |
Morgan Stanley
New York
|
+$22.2M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.65M |
| 4 |
&Partners
Nashville,
Tennessee
|
+$5.53M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$15M |
| 2 |
Jane Street
New York
|
-$14.4M |
| 3 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$13.4M |
| 4 |
Private Advisor Group
Morristown,
New Jersey
|
-$11.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.27M |
HYLS Hedge Fund Activity: Q1 2025 in Review
224 of the 7,489 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 2025, worth a combined $1.02B — down 1.3% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of HYLS and 25 opened new positions — a net loss of 7 holders — while 80 trimmed existing stakes and 93 added.
The largest buyer was LPL Financial, adding an estimated $25.9M. The largest seller was Bank of America, cutting an estimated $15M.
- 224 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q1 2025, down from 236 in Q4 2024.
- Funds reported $1.02B of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q1 2025, down 1.3% quarter-over-quarter.
- 25 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q1 2025 and 32 closed out, a net change of -7 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q1 2025 was LPL Financial, an estimated $25.9M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q1 2025 was Bank of America, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2025.