First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
215 hedge funds and large institutions have $942M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2026 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 80 increasing their positions, 84 reducing their positions, and 26 closing their positions.
2.77% more ownership
Funds ownership: 54.62% → 57.39% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $964M → $942M (-$21.6M)
5% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 84
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
3% less funds holding
Funds holding: 221 → 215 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
Blackhawk Capital Partners
Thiensville,
Wisconsin
|
+$7.03M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$3.67M |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$3.5M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.96M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$14.7M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$8.3M |
| 3 |
P
&Partners
Nashville,
Tennessee
|
-$4.12M |
| 4 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$3.36M |
| 5 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$3.33M |
HYLS Hedge Fund Activity: Q2 2026 in Review
215 of the 8,305 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 Q2 2026, worth a combined $942M — down 2.2% from $964M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of HYLS and 24 opened new positions — a net loss of 2 holders — while 84 trimmed existing stakes and 80 added.
The largest buyer was Blackhawk Capital Partners, opening a new position worth an estimated $7.03M. The largest seller was Jane Street, cutting an estimated $14.7M.
- 215 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q2 2026, down from 221 in Q1 2026.
- Funds reported $942M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q2 2026, down 2.2% quarter-over-quarter.
- 24 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q2 2026 and 26 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q2 2026 was Blackhawk Capital Partners, an estimated $7.03M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q2 2026 was Jane Street, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2026.