First Trust High Yield Opportunities 2027 Term Fund
FTHY
69 hedge funds and large institutions have $161M invested in First Trust High Yield Opportunities 2027 Term Fund in 2022 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
15% more funds holding
Funds holding: 60 → 69 (+9)
5.3% more ownership
Funds ownership: 27.92% → 33.22% (+5.3%)
0% less capital invested
Capital invested by funds: $161M → $161M (-$418K)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.8M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.47M |
| 3 |
Morgan Stanley
New York
|
+$2.71M |
| 4 |
BlackRock
New York
|
+$2.3M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$2.84M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$1.14M |
| 3 |
IFG
Independent Financial Group
San Diego,
California
|
-$821K |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$414K |
| 5 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$340K |
FTHY Hedge Fund Activity: Q2 2022 in Review
69 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q2 2022, worth a combined $161M — down 0.26% from $161M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FTHY positions and 6 closed out — a net gain of 9 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $11.8M. The largest seller was Sterling Manor Financial, exiting entirely with an estimated $2.84M sold.
- 69 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q2 2022, up from 60 in Q1 2022.
- Funds reported $161M of First Trust High Yield Opportunities 2027 Term Fund stock for Q2 2022, down 0.26% quarter-over-quarter.
- 15 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q2 2022 and 6 closed out, a net change of +9 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q2 2022 was Rivernorth Capital Management, an estimated $11.8M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q2 2022 was Sterling Manor Financial, an estimated $2.84M sold.
Based on aggregated 13F filings for Q2 2022.