First Trust High Yield Opportunities 2027 Term Fund
FTHY
60 hedge funds and large institutions have $161M invested in First Trust High Yield Opportunities 2027 Term Fund in 2022 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
28% more funds holding
Funds holding: 47 → 60 (+13)
1.44% more ownership
Funds ownership: 26.48% → 27.92% (+1.4%)
10% less capital invested
Capital invested by funds: $178M → $161M (-$17.3M)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$13.4M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.13M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.1M |
| 4 |
OIM
Oder Investment Management
Woodland Hills,
California
|
+$1.54M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$5.44M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.74M |
| 3 |
Morgan Stanley
New York
|
-$2.51M |
| 4 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$1.95M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$860K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| $144K | -$23.2K | -1,250 | -13% |
|
52
Wells Fargo
San Francisco,
California
| $83K | -$92.7K | -5,002 | -51% |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| $30K | +$27.8K | +1,500 | New |
|
|
EWA
54
EverSource Wealth Advisors
Birmingham,
Alabama
| $29K | – | – | – |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $19K | – | – | – |
|
|
HWMA
56
Heritage Wealth Management (Arizona)
Phoenix,
Arizona
| $17K | +$18.5K | +1,000 | New |
|
|
SWM
57
Spire Wealth Management
Mclean,
Virginia
| $14K | -$1.95M | -105,188 | -99% |
|
|
PFS
58
Prospera Financial Services
Dallas,
Texas
| $13K | +$13.9K | +750 | New |
|
59
US Bancorp
Minneapolis,
Minnesota
| $9K | – | – | – |
|
|
FWM
60
Focused Wealth Management
Newburgh,
New York
| $5K | +$1.85K | +100 | +50% |
|
|
BRWA
61
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$623K | -30,814 | Closed |
|
|
TCA
62
Transcend Capital Advisors
Madison,
New Jersey
| – | -$506K | -25,000 | Closed |
|
63
Truist Financial
Charlotte,
North Carolina
| – | -$226K | -11,154 | Closed |
|
FTHY Hedge Fund Activity: Q1 2022 in Review
60 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q1 2022, worth a combined $161M — down 9.7% from $178M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FTHY positions and 3 closed out — a net gain of 13 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $13.4M. The largest seller was Private Advisory Group, cutting an estimated $5.44M.
- 60 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q1 2022, up from 47 in Q4 2021.
- Funds reported $161M of First Trust High Yield Opportunities 2027 Term Fund stock for Q1 2022, down 9.7% quarter-over-quarter.
- 16 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q1 2022 and 3 closed out, a net change of +13 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $13.4M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q1 2022 was Private Advisory Group, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2022.