First Trust High Yield Opportunities 2027 Term Fund
FTHY
80 hedge funds and large institutions have $189M invested in First Trust High Yield Opportunities 2027 Term Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 7 closing their positions.
5% more capital invested
Capital invested by funds: $181M → $189M (+$8.25M)
0.33% more ownership
Funds ownership: 34.42% → 34.75% (+0.33%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
1% less funds holding
Funds holding: 81 → 80 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.75M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.9M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$3.37M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$3.32M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$5.17M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.48M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.99M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.31M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$997K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| $5.93K | – | – | – |
|
|
BHWM
77
Beaird Harris Wealth Management
Dallas,
Texas
| $4.76K | -$3.46K | -235 | -43% |
|
|
ADL
78
Asset Dedication LLC
San Francisco,
California
| $1.62K | -$7.38K | -502 | -82% |
|
|
BBPWM
79
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $1.06K | – | – | – |
|
80
AssetMark Inc
Concord,
California
| $620 | – | – | – |
|
81
Fidelity Investments
Boston,
Massachusetts
| $15 | -$29 | -2 | -67% |
|
|
AW
82
Atlas Wealth
Cincinnati,
Ohio
| – | -$5.17M | -363,661 | Closed |
|
|
MC
83
Meteora Capital
Boca Raton,
Florida
| – | -$541K | -37,753 | Closed |
|
|
RC
84
Rareview Capital
Las Vegas,
Nevada
| – | -$439K | -30,662 | Closed |
|
|
BFM
85
Boothbay Fund Management
New York
| – | -$335K | -23,400 | Closed |
|
86
Walleye Capital
New York
| – | -$227K | -15,839 | Closed |
|
|
LCM
87
Landscape Capital Management
Englewood,
New Jersey
| – | -$162K | -11,295 | Closed |
|
|
RFA
88
Register Financial Advisors
Atlanta,
Georgia
| – | -$93.8K | -6,551 | Closed |
|
FTHY Hedge Fund Activity: Q3 2024 in Review
80 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q3 2024, worth a combined $189M — up 4.6% from $181M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FTHY and 6 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 31 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $4.75M. The largest seller was Atlas Wealth, exiting entirely with an estimated $5.17M sold.
- 80 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q3 2024, down from 81 in Q2 2024.
- Funds reported $189M of First Trust High Yield Opportunities 2027 Term Fund stock for Q3 2024, up 4.6% quarter-over-quarter.
- 6 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q3 2024 and 7 closed out, a net change of -1 holder.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q3 2024 was Penserra Capital Management, an estimated $4.75M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q3 2024 was Atlas Wealth, an estimated $5.17M sold.
Based on aggregated 13F filings for Q3 2024.