First Trust High Yield Opportunities 2027 Term Fund
FTHY
36 hedge funds and large institutions have $110M invested in First Trust High Yield Opportunities 2027 Term Fund in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 1 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 1
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
44% more funds holding
Funds holding: 25 → 36 (+11)
44% more capital invested
Capital invested by funds: $76.3M → $110M (+$33.4M)
4.91% more ownership
Funds ownership: 11.36% → 16.26% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$6.07M |
| 3 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$2.11M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.68M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$453K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$428K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$115K |
| 4 |
22CM
20/20 Capital Management
Costa Mesa,
California
|
-$95.4K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$84.8K |
FTHY Hedge Fund Activity: Q4 2020 in Review
36 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q4 2020, worth a combined $110M — up 44% from $76.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FTHY positions and 1 closed out — a net gain of 11 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was WealthPLAN Partners, exiting entirely with an estimated $453K sold.
- 36 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q4 2020, up from 25 in Q3 2020.
- Funds reported $110M of First Trust High Yield Opportunities 2027 Term Fund stock for Q4 2020, up 44% quarter-over-quarter.
- 12 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q4 2020 and 1 closed out, a net change of +11 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q4 2020 was Morgan Stanley, an estimated $13M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q4 2020 was WealthPLAN Partners, an estimated $453K sold.
Based on aggregated 13F filings for Q4 2020.