First Trust High Yield Opportunities 2027 Term Fund
FTHY
25 hedge funds and large institutions have $76.3M invested in First Trust High Yield Opportunities 2027 Term Fund in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
99% more capital invested
Capital invested by funds: $38.4M → $76.3M (+$37.9M)
56% more funds holding
Funds holding: 16 → 25 (+9)
6.2% more ownership
Funds ownership: 5.16% → 11.36% (+6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$26.8M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.41M |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$999K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$972K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$317K |
| 2 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$182K |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$41.2K |
FTHY Hedge Fund Activity: Q3 2020 in Review
25 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q3 2020, worth a combined $76.3M — up 99% from $38.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTHY positions and 0 closed out — a net gain of 9 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $26.8M. The largest seller was Arete Wealth Advisors, cutting an estimated $317K.
- 25 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q3 2020, up from 16 in Q2 2020.
- Funds reported $76.3M of First Trust High Yield Opportunities 2027 Term Fund stock for Q3 2020, up 99% quarter-over-quarter.
- 9 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q3 2020 and 0 closed out, a net change of +9 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q3 2020 was Morgan Stanley, an estimated $26.8M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q3 2020 was Arete Wealth Advisors, an estimated $317K sold.
Based on aggregated 13F filings for Q3 2020.