First Trust High Yield Opportunities 2027 Term Fund
FTHY
96 hedge funds and large institutions have $222M invested in First Trust High Yield Opportunities 2027 Term Fund in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 27 increasing their positions, 41 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
61% more capital inflows, than outflows
Capital inflows: $32.4M | Capital outflows: $20.1M
9% more funds holding
Funds holding: 88 → 96 (+8)
2.3% more ownership
Funds ownership: 40.62% → 42.92% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
34% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$13.6M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$3.82M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$3.26M |
| 4 |
NWMP
Noble Wealth Management PBC
Greenwood Village,
Colorado
|
+$1.27M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.55M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$3.64M |
| 3 |
HA
Huntleigh Advisors
St. Louis,
Missouri
|
-$3.5M |
| 4 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$954K |
| 5 |
Concurrent Investment Advisors
Tampa,
Florida
|
-$824K |
FTHY Hedge Fund Activity: Q4 2025 in Review
96 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in First Trust High Yield Opportunities 2027 Term Fund (FTHY) for Q4 2025, worth a combined $222M — up 2.6% from $216M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FTHY positions and 11 closed out — a net gain of 9 holders — while 27 added to existing stakes and 41 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $13.6M. The largest seller was Morgan Stanley, cutting an estimated $5.55M.
- 96 institutional investors held First Trust High Yield Opportunities 2027 Term Fund (FTHY) as of Q4 2025, up from 88 in Q3 2025.
- Funds reported $222M of First Trust High Yield Opportunities 2027 Term Fund stock for Q4 2025, up 2.6% quarter-over-quarter.
- 20 funds opened new First Trust High Yield Opportunities 2027 Term Fund positions in Q4 2025 and 11 closed out, a net change of +9 holders.
- The largest First Trust High Yield Opportunities 2027 Term Fund buyer in Q4 2025 was Sit Investment Associates, an estimated $13.6M added.
- The largest First Trust High Yield Opportunities 2027 Term Fund seller in Q4 2025 was Morgan Stanley, an estimated $5.55M sold.
Based on aggregated 13F filings for Q4 2025.