First Trust High Yield Opportunities 2027 Term Fund
FTHY
39 hedge funds and large institutions have $148M invested in First Trust High Yield Opportunities 2027 Term Fund in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 3 closing their positions.
458% more capital inflows, than outflows
Capital inflows: $18.1M | Capital outflows: $3.25M
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 38 → 39 (+1)
2.25% more ownership
Funds ownership: 20.01% → 22.26% (+2.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.6M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.72M |
| 3 |
Ameritas Investment Company
Lincoln,
Nebraska
|
+$1.39M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.16M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Spire Wealth Management
Mclean,
Virginia
|
-$1.52M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$611K |
| 3 |
ACG Wealth
Atlanta,
Georgia
|
-$330K |
| 4 |
22CM
20/20 Capital Management
Costa Mesa,
California
|
-$273K |
| 5 |
Independent Financial Group
San Diego,
California
|
-$264K |
FTHY Hedge Fund Activity: Q2 2021 in Review
39 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q2 2021, worth a combined $148M — up 12% from $132M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FTHY positions and 3 closed out — a net gain of 1 holder — while 20 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.6M. The largest seller was Spire Wealth Management, cutting an estimated $1.52M.
- 39 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q2 2021, up from 38 in Q1 2021.
- Funds reported $148M of First Trust High Yield Opportunities 2027 Term Fund stock for Q2 2021, up 12% quarter-over-quarter.
- 4 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q2 2021 and 3 closed out, a net change of +1 holder.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q2 2021 was Morgan Stanley, an estimated $8.6M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q2 2021 was Spire Wealth Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q2 2021.