First Trust High Yield Opportunities 2027 Term Fund
FTHY
62 hedge funds and large institutions have $156M invested in First Trust High Yield Opportunities 2027 Term Fund in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 12 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
3% less capital invested
Capital invested by funds: $160M → $156M (-$4.17M)
1.73% less ownership
Funds ownership: 33.22% → 31.49% (-1.7%)
10% less funds holding
Funds holding: 69 → 62 (-7)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.13M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.02M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.77M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.26M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.46M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$961K |
| 3 |
SCM
Saba Capital Management
New York
|
-$923K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$726K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$426K |
FTHY Hedge Fund Activity: Q3 2022 in Review
62 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q3 2022, worth a combined $156M — down 2.6% from $160M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FTHY and 6 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 31 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $4.13M. The largest seller was Envestnet Asset Management, cutting an estimated $4.46M.
- 62 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q3 2022, down from 69 in Q2 2022.
- Funds reported $156M of First Trust High Yield Opportunities 2027 Term Fund stock for Q3 2022, down 2.6% quarter-over-quarter.
- 6 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q3 2022 and 12 closed out, a net change of -6 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q3 2022 was Raymond James Financial Services Advisors, an estimated $4.13M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q3 2022 was Envestnet Asset Management, an estimated $4.46M sold.
Based on aggregated 13F filings for Q3 2022.