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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.35M |
| 2 |
Morgan Stanley
New York
|
+$2.19M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.51M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$1.14M |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.5M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.12M |
| 3 |
SCM
Saba Capital Management
New York
|
-$479K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$431K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$376K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| $6.66K | -$121K | -8,900 | -95% |
|
|
GJIA
77
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| $5.06K | – | – | – |
|
|
FWM
78
Focused Wealth Management
Newburgh,
New York
| $4K | – | – | – |
|
79
Fidelity Investments
Boston,
Massachusetts
| $13 | +$14 | +1 | New |
|
|
RCM
80
Raleigh Capital Management
Cary,
North Carolina
| $9 | +$14 | +1 | New |
|
|
WAM
81
Wolverine Asset Management
Chicago,
Illinois
| – | -$74.8K | -5,450 | Closed |
|
|
WP
82
WealthPLAN Partners
Omaha,
Nebraska
| – | -$45.1K | -3,288 | Closed |
|
83
US Bancorp
Minneapolis,
Minnesota
| – | -$6.86K | -500 | Closed |
|
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.