First Trust High Yield Opportunities 2027 Term Fund
FTHY
85 hedge funds and large institutions have $226M invested in First Trust High Yield Opportunities 2027 Term Fund in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $213M → $226M (+$13M)
1.3% more ownership
Funds ownership: 40.08% → 41.38% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 87 → 85 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$2.97M |
| 2 |
Morgan Stanley
New York
|
+$2.89M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.83M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.34M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$2.53M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.08M |
| 3 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$605K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$538K |
| 5 |
TFS
Thoroughbred Financial Services
Brentwood,
Tennessee
|
-$455K |
FTHY Hedge Fund Activity: Q2 2025 in Review
85 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q2 2025, worth a combined $226M — up 6.1% from $213M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FTHY and 5 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 28 added.
The largest buyer was Narwhal Capital Management, opening a new position worth an estimated $2.97M. The largest seller was Arete Wealth Advisors, cutting an estimated $2.53M.
- 85 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q2 2025, down from 87 in Q1 2025.
- Funds reported $226M of First Trust High Yield Opportunities 2027 Term Fund stock for Q2 2025, up 6.1% quarter-over-quarter.
- 5 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q2 2025 and 6 closed out, a net change of -1 holder.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q2 2025 was Narwhal Capital Management, an estimated $2.97M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q2 2025 was Arete Wealth Advisors, an estimated $2.53M sold.
Based on aggregated 13F filings for Q2 2025.