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FTHY

First Trust High Yield Opportunities 2027 Term Fund
FTHY

80 hedge funds and large institutions have $192M invested in First Trust High Yield Opportunities 2027 Term Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

35% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 26

7% more funds holding

Funds holding: 75 → 80 (+5)

1.56% more ownership

Funds ownership: 37.63% → 39.2% (+1.6%)

1% more capital invested

Capital invested by funds: $190M → $192M (+$2.2M)

Holders
80
Holders Change
+5
Holders Change %
+6.67%
% of All Funds
1.27%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
8
Increased
35
Reduced
26
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$4.35M
2
Morgan Stanley
Morgan Stanley
New York
+$2.19M
3
MC
Meteora Capital
Florida
+$1.51M
4
BFM
Boothbay Fund Management
New York
+$1.14M
5
KPWS
Kestra Private Wealth Services
Texas
+$963K

Top Sellers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
-$3.5M
2
LSC
Logan Stone Capital
Illinois
-$1.12M
3
SCM
Saba Capital Management
New York
-$479K
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$431K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$376K
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
51
Millennium Management
New York
$271K +$277K +20,345 New
RJFSA
52
Raymond James Financial Services Advisors
Florida
$271K +$61.6K +4,518 +29%
AWS
53
Atria Wealth Solutions
New York
$268K +$4.04K +296 +1%
RJA
54
Raymond James & Associates
Florida
$257K +$10.4K +766 +4%
JP Morgan Chase
55
JP Morgan Chase
New York
$256K -$8.85K -649 -3%
PCIA
56
Prime Capital Investment Advisors
Kansas
$248K -$37.6K -2,760 -13%
FAG
57
Fortitude Advisory Group
Washington
$223K – – –
IAIM
58
International Assets Investment Management
Florida
$215K +$2.22K +163 +1%
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$212K -$9.83K -721 -4%
CSPIA
60
Cary Street Partners Investment Advisory
Virginia
$206K +$27.3K +2,000 +15%
Comerica Bank
61
Comerica Bank
Texas
$194K +$198K +14,534 New
NC
62
NovaPoint Capital
Georgia
$190K -$20.5K -1,500 -10%
WI
63
Wintrust Investments
Illinois
$163K – – –
CAM
64
Cresset Asset Management
Illinois
$160K +$2.79K +205 +2%
CFGS
65
Concourse Financial Group Securities
Alabama
$153K +$27.3K +2,000 +21%
KA
66
Kovack Advisors
Florida
$149K – – –
CAP
67
Columbia Advisory Partners
Washington
$144K -$2.39K -175 -2%
SS
68
Sunbelt Securities
Texas
$47.1K +$300 +22 +0.6%
GWM
69
Geneos Wealth Management
Colorado
$37K – – –
EC
70
Elequin Capital
New York
$34.6K -$682 -50 -2%
Northwestern Mutual Wealth Management
71
Northwestern Mutual Wealth Management
Wisconsin
$27.6K – – –
NS
72
NBC Securities
Alabama
$27K +$28.1K +2,060 New
EWA
73
EverSource Wealth Advisors
Alabama
$23.3K +$668 +49 +3%
RA
74
Rise Advisors
New York
$15K +$423 +31 +3%
IA
75
IFP Advisors
Florida
$9.99K – – –
1 2
3
4

FTHY Hedge Fund Activity: Q3 2023 in Review

80 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q3 2023, worth a combined $192M — up 1.2% from $190M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FTHY positions and 3 closed out — a net gain of 5 holders — while 35 added to existing stakes and 26 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $4.35M. The largest seller was Penserra Capital Management, cutting an estimated $3.5M.

  • 80 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q3 2023, up from 75 in Q2 2023.
  • Funds reported $192M of First Trust High Yield Opportunities 2027 Term Fund stock for Q3 2023, up 1.2% quarter-over-quarter.
  • 8 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q3 2023 and 3 closed out, a net change of +5 holders.
  • The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q3 2023 was Sit Investment Associates, an estimated $4.35M added.
  • The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q3 2023 was Penserra Capital Management, an estimated $3.5M sold.

Based on aggregated 13F filings for Q3 2023.