First Trust High Yield Opportunities 2027 Term Fund
FTHY
75 hedge funds and large institutions have $190M invested in First Trust High Yield Opportunities 2027 Term Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $179M → $190M (+$10.3M)
3% more funds holding
Funds holding: 73 → 75 (+2)
1.13% more ownership
Funds ownership: 36.5% → 37.63% (+1.1%)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.22M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.64M |
| 3 |
KIG
Kennedy Investment Group
West Depford,
New Jersey
|
+$1.43M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.39M |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.54M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.41M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$787K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$735K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$618K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
76
Almitas Capital
Santa Monica,
California
| – | -$618K | -44,293 | Closed |
|
|
SWM
77
Spire Wealth Management
Mclean,
Virginia
| – | -$268K | -19,199 | Closed |
|
|
WAM
78
Weiss Asset Management
Boston,
Massachusetts
| – | -$252K | -18,033 | Closed |
|
79
Millennium Management
New York
| – | -$160K | -11,437 | Closed |
|
|
AAS
80
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$157K | -11,273 | Closed |
|
FTHY Hedge Fund Activity: Q2 2023 in Review
75 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q2 2023, worth a combined $190M — up 5.7% from $179M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FTHY positions and 5 closed out — a net gain of 3 holders — while 28 added to existing stakes and 26 trimmed.
The largest buyer was Integrated Wealth Concepts, adding an estimated $2.22M. The largest seller was Morgan Stanley, cutting an estimated $1.54M.
- 75 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q2 2023, up from 73 in Q1 2023.
- Funds reported $190M of First Trust High Yield Opportunities 2027 Term Fund stock for Q2 2023, up 5.7% quarter-over-quarter.
- 8 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q2 2023 and 5 closed out, a net change of +3 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q2 2023 was Integrated Wealth Concepts, an estimated $2.22M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q2 2023 was Morgan Stanley, an estimated $1.54M sold.
Based on aggregated 13F filings for Q2 2023.