First Trust High Yield Opportunities 2027 Term Fund
FTHY
81 hedge funds and large institutions have $199M invested in First Trust High Yield Opportunities 2027 Term Fund in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
2% less funds holding
Funds holding: 83 → 81 (-2)
12.53% less ownership
Funds ownership: 49.77% → 37.24% (-13%)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
22% less capital invested
Capital invested by funds: $255M → $199M (-$56.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.06M |
| 2 |
JP Morgan Chase
New York
|
+$5.97M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.23M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.18M |
| 5 |
KIG
Kennedy Investment Group
West Depford,
New Jersey
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$56.6M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.95M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$5.2M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.1M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.02M |
FTHY Hedge Fund Activity: Q1 2024 in Review
81 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q1 2024, worth a combined $199M — down 22% from $255M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTHY and 12 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 31 added.
The largest buyer was Royal Bank of Canada, adding an estimated $6.06M. The largest seller was Morgan Stanley, cutting an estimated $56.6M.
- 81 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q1 2024, down from 83 in Q4 2023.
- Funds reported $199M of First Trust High Yield Opportunities 2027 Term Fund stock for Q1 2024, down 22% quarter-over-quarter.
- 12 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q1 2024 and 14 closed out, a net change of -2 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q1 2024 was Royal Bank of Canada, an estimated $6.06M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q1 2024 was Morgan Stanley, an estimated $56.6M sold.
Based on aggregated 13F filings for Q1 2024.