First Trust High Yield Opportunities 2027 Term Fund
FTHY
81 hedge funds and large institutions have $183M invested in First Trust High Yield Opportunities 2027 Term Fund in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
135% more capital inflows, than outflows
Capital inflows: $49.1M | Capital outflows: $20.9M
31% more funds holding
Funds holding: 62 → 81 (+19)
5.51% more ownership
Funds ownership: 31.49% → 37% (+5.5%)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Punch & Associates Investment Management
Edina,
Minnesota
|
+$4.72M |
| 2 |
City of London Investment Management
London,
United Kingdom
|
+$4.17M |
| 3 |
Logan Stone Capital
Chicago,
Illinois
|
+$3.96M |
| 4 |
Saba Capital Management
New York
|
+$3.71M |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.44M |
| 2 |
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$2.22M |
| 3 |
BlackRock
New York
|
-$1.97M |
| 4 |
Spire Wealth Management
Mclean,
Virginia
|
-$1.08M |
| 5 |
Arete Wealth Advisors
Chicago,
Illinois
|
-$1.05M |
FTHY Hedge Fund Activity: Q4 2022 in Review
81 of the 6,242 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q4 2022, worth a combined $183M — up 18% from $156M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FTHY positions and 7 closed out — a net gain of 19 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Punch & Associates Investment Management, adding an estimated $4.72M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $8.44M.
- 81 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q4 2022, up from 62 in Q3 2022.
- Funds reported $183M of First Trust High Yield Opportunities 2027 Term Fund stock for Q4 2022, up 18% quarter-over-quarter.
- 26 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q4 2022 and 7 closed out, a net change of +19 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q4 2022 was Punch & Associates Investment Management, an estimated $4.72M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $8.44M sold.
Based on aggregated 13F filings for Q4 2022.