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FTHY

First Trust High Yield Opportunities 2027 Term Fund
FTHY

38 hedge funds and large institutions have $132M invested in First Trust High Yield Opportunities 2027 Term Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 7

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

20% more capital invested

Capital invested by funds: $110M → $132M (+$22.4M)

6% more funds holding

Funds holding: 36 → 38 (+2)

3.75% more ownership

Funds ownership: 16.26% → 20.01% (+3.7%)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
38
Holders Change
+2
Holders Change %
+5.56%
% of All Funds
0.67%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
19
Reduced
7
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$13.6M
2
RCM
Rivernorth Capital Management
Florida
+$3.6M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.77M
4
PAIM
Punch & Associates Investment Management
Minnesota
+$1.63M
5
IAIM
International Assets Investment Management
Florida
+$1.5M

Top Sellers

Rank Fund Capital Flow
1
CRWM
Castle Rock Wealth Management
California
-$2.97M
2
WCFA
Walkner Condon Financial Advisors
Wisconsin
-$1.8M
3
Millennium Management
Millennium Management
New York
-$694K
4
MCC
Money Concepts Capital
Florida
-$454K
5
AIC
Ameritas Investment Company
Nebraska
-$412K
Name Holding Trade Value Shares
Change 		Change in
Stake
AWA
26
Arkadios Wealth Advisors
Georgia
$357K +$85.4K +4,320 +32%
CFGS
27
Concourse Financial Group Securities
Alabama
$353K +$123K +6,200 +53%
AW
28
ACG Wealth
Georgia
$330K +$4.21K +213 +1%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$279K +$278K +14,050 New
LPL Financial
30
LPL Financial
California
$256K +$254K +12,876 New
MC
31
Matisse Capital
Oregon
$228K +$227K +11,510 New
Truist Financial
32
Truist Financial
North Carolina
$205K +$204K +10,330 New
UBS Group
33
UBS Group
Switzerland
$119K +$105K +5,327 +766%
WAM
34
Wolverine Asset Management
Illinois
$116K +$116K +5,845 New
Wells Fargo
35
Wells Fargo
California
$99K +$98.8K +5,000 +500,000%
HWMA
36
Heritage Wealth Management (Arizona)
Arizona
$89K +$88.9K +4,500 New
MWA
37
Moser Wealth Advisors
Washington
$6K +$6.32K +320 New
CRWM
38
Castle Rock Wealth Management
California
– -$2.97M -150,777 Closed
WCFA
39
Walkner Condon Financial Advisors
Wisconsin
– -$1.8M -88,783 Closed
Millennium Management
40
Millennium Management
New York
– -$694K -34,178 Closed
MCC
41
Money Concepts Capital
Florida
– -$454K -22,359 Closed
HighTower Advisors
42
HighTower Advisors
Illinois
– -$305K -15,000 Closed
FHC
43
First Heartland Consultants
Missouri
– -$213K -10,500 Closed
PWM
44
Perigon Wealth Management
California
– -$163K -8,000 Closed
FIA
45
FNY Investment Advisers
New York
– -$11K -550 Closed
TRCT
46
Tower Research Capital (TRC)
New York
– -$10K -508 Closed
Fidelity Investments
47
Fidelity Investments
Massachusetts
– +$20 +1 New
1
2

FTHY Hedge Fund Activity: Q1 2021 in Review

38 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q1 2021, worth a combined $132M — up 20% from $110M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FTHY positions and 9 closed out — a net gain of 2 holders — while 19 added to existing stakes and 7 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $13.6M. The largest seller was Castle Rock Wealth Management, exiting entirely with an estimated $2.97M sold.

  • 38 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q1 2021, up from 36 in Q4 2020.
  • Funds reported $132M of First Trust High Yield Opportunities 2027 Term Fund stock for Q1 2021, up 20% quarter-over-quarter.
  • 11 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q1 2021 and 9 closed out, a net change of +2 holders.
  • The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q1 2021 was Morgan Stanley, an estimated $13.6M added.
  • The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q1 2021 was Castle Rock Wealth Management, an estimated $2.97M sold.

Based on aggregated 13F filings for Q1 2021.