First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
209 hedge funds and large institutions have $1.05B invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2025 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 94 increasing their positions, 75 reducing their positions, and 19 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 75
1.73% more ownership
Funds ownership: 60.18% → 61.91% (+1.7%)
3% more capital invested
Capital invested by funds: $1.02B → $1.05B (+$26.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 216 → 209 (-7)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$17.2M |
| 2 |
Morgan Stanley
New York
|
+$15.3M |
| 3 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
+$9.97M |
| 4 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$8.25M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$7.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$17.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.1M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$5.76M |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$5.32M |
| 5 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$5.29M |
HYLS Hedge Fund Activity: Q3 2025 in Review
209 of the 7,638 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 2025, worth a combined $1.05B — up 2.6% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HYLS and 16 opened new positions — a net loss of 3 holders — while 75 trimmed existing stakes and 94 added.
The largest buyer was LPL Financial, adding an estimated $17.2M. The largest seller was Jane Street, exiting entirely with an estimated $17.9M sold.
- 209 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q3 2025, down from 216 in Q2 2025.
- Funds reported $1.05B of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q3 2025, up 2.6% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q3 2025 and 19 closed out, a net change of -3 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q3 2025 was LPL Financial, an estimated $17.2M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q3 2025 was Jane Street, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2025.