First Trust Tactical High Yield
HYLS • NASDAQ
First Trust Tactical High Yield is an exchange-traded fund on NASDAQ. As of Q3 2025, 204 institutional investors hold shares in this ETF, with total holdings valued at $1.0B. MORGAN STANLEY is the largest holder with a position valued at $251.8M.
Overview
Overview of institutional ownership in HYLS as of Q3 2025
All Institutions
- Institutions
- 204
- Value Held
- $1.0B
- Shares Held
- 24.6M
- Avg Position
- $5.1M
- Median Position
- $587.8K
Hedge Funds
- Hedge Funds
- 1
- Value Held
- $1.4M
- Shares Held
- 32.5K
- Avg Position
- $1.4M
- Median Position
- $1.4M
Biggest Investors
Institutions with the largest positions in HYLS as of Q3 2025
| Institution | Position Value |
|---|---|
 MORGAN STANLEY RIA/Wealth | $251.8M 0.02% of portfolio |
L LPL Financial LLC Institution | $151.5M 0.04% of portfolio |
 FIRST TRUST ADVISORS LP ETF Provider | $117.3M 0.09% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $74.2M 0.02% of portfolio |
 UBS Group AG Institution | $43.7M 0.01% of portfolio |
R ROYAL BANK OF CANADA Institution | $27.6M 0.01% of portfolio |
W WILEY BROS.-AINTREE CAPITAL, LLC Institution | $17.4M 0.11% of portfolio |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $15.8M 0.00% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $15.6M 0.01% of portfolio |
 KMG FIDUCIARY PARTNERS, LLC RIA/Wealth | $15.1M 1.02% of portfolio |
Net Capital Flow
Institutional buying and selling activity for HYLS in Q3 2025
- Traded
- +$23.6M
- Buyers
- 108
- Sellers
- 91
- Total Bought
- +$92.3M
- Total Sold
- −$68.7M
- Avg Position
- $4.6M
Biggest Buyers
| Institution | Net Bought |
|---|---|
L LPL Financial LLC Institution | +$17.2M +409.3K shares |
MORGAN STANLEY RIA/Wealth | +$15.3M +363.9K shares |
 Mount Yale Investment Advisors, LLC RIA/Wealth | +$10.0M +237.8K shares |
 Vestmark Advisory Solutions, Inc. Fund of Funds | +$8.3M +196.8K shares |
 Wright Fund Managment, LLC Long Only Manager | +$7.6M +180.2K shares |
S STIFEL FINANCIAL CORP Long Only Manager | +$4.2M +100.0K shares |
FIRST TRUST ADVISORS LP ETF Provider | +$2.7M +64.5K shares |
E Elevation Capital Advisory, LLC RIA/Wealth | +$2.6M +62.7K shares |
WELLS FARGO & COMPANY/MN Institution | +$2.5M +59.6K shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | +$2.0M +48.3K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
J JANE STREET GROUP, LLC Institution | −$17.9M −428.5K shares |
UBS Group AG Institution | −$7.1M −169.4K shares |
O OLD MISSION CAPITAL LLC Institution | −$5.8M −137.8K shares |
 Geneos Wealth Management Inc. RIA/Wealth | −$5.3M −127.0K shares |
 HBW Advisory Services LLC RIA/Wealth | −$5.3M −126.5K shares |
 Visionary Wealth Advisors RIA/Wealth | −$5.0M −120.3K shares |
 Stratos Wealth Partners, LTD. RIA/Wealth | −$3.6M −85.6K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$3.0M −72.0K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | −$2.4M −56.5K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$1.7M −41.0K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited HYLS in Q3 2025
- New Positions
- 7
- New Value
- $10.5M
- Exited Positions
- 19
- Exited Value
- $43.8M
New Positions
| Institution | Position Value |
|---|---|
Mount Yale Investment Advisors, LLC RIA/Wealth | $10.0M 237.8K shares |
 Worth Asset Management, LLC RIA/Wealth | $276.6K 6.6K shares |
N NATIONAL BANK OF CANADA /FI/ Institution | $217.0K 5.2K shares |
 Grey Fox Wealth Advisors, LLC RIA/Wealth | $13.9K 330.0 shares |
R Root Financial Partners, LLC RIA/Wealth | $6.4K 151.0 shares |
 Guerra Advisors Inc RIA/Wealth | $2.4K 58.0 shares |
 Smartleaf Asset Management LLC Long Only Manager | $1.4K 33.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
J JANE STREET GROUP, LLC Institution | $17.9M 428.5K shares |
O OLD MISSION CAPITAL LLC Institution | $5.8M 137.8K shares |
HBW Advisory Services LLC RIA/Wealth | $5.3M 126.5K shares |
Visionary Wealth Advisors RIA/Wealth | $5.0M 120.3K shares |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $3.0M 72.0K shares |
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $2.4M 56.5K shares |
F FLOW TRADERS U.S. LLC Institution | $1.2M 28.8K shares |
H HRT FINANCIAL LLC Institution | $697.6K 16.7K shares |
$429.9K 10.3K shares | |
 Beacon Pointe Advisors, LLC RIA/Wealth | $407.0K 9.7K shares |
Options Activity
Institutions with the largest Call and Put options positions in HYLS as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with HYLS as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
F Fearless Solutions, LLC dba Best Invest RIA/Wealth | 5.57% $8.7M |
 Blackhawk Capital Partners LLC. RIA/Wealth | 1.97% $5.0M |
B Bennett Associates Wealth Management RIA/Wealth | 1.59% $2.2M |
P Prostatis Group LLC Institution | 1.45% $4.7M |
B Brendel Financial Advisors LLC RIA/Wealth | 1.42% $2.8M |
 Quad-Cities Investment Group, LLC RIA/Wealth | 1.39% $3.3M |
E Elevation Capital Advisory, LLC RIA/Wealth | 1.05% $2.6M |
KMG FIDUCIARY PARTNERS, LLC RIA/Wealth | 1.02% $15.1M |
R RiverTree Advisors, LLC RIA/Wealth | 1.00% $1.5M |
 WINEBRENNER CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | 0.99% $1.4M |
Hedge Fund Spotlight
Discover hedge funds investing in HYLS
WINEBRENNER CAPITAL MANAGEMENT LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerEarl George Winebrenner
- Portfolio Value
- $137.9M
- Positions
- 133
- Last Reported
- Q3 2025
Sector Allocation
Position in First Trust Tactical High Yield
- Market Value
- $1.4M
- Shares Held
- 32.5K
- Portfolio Weight
- 0.99%
- Owned Since
- 2024-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $6.4M | 4.66% | |
Semiconductors Technology | $6.3M | 4.58% | |
ETF ETF | $5.6M | 4.08% |
