First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
88 hedge funds and large institutions have $96.4M invested in First Trust Senior Floating Rate Income Fund II in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 29 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
11% more funds holding
Funds holding: 79 → 88 (+9)
0.83% less ownership
Funds ownership: 37.68% → 36.85% (-0.83%)
2% less capital invested
Capital invested by funds: $98M → $96.4M (-$1.54M)
31% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.92M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.63M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$2.35M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.59M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.19M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.18M |
| 3 |
GA
GraniteShares Advisors
New York
|
-$2.96M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$2.18M |
| 5 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
-$1.08M |
FCT Hedge Fund Activity: Q4 2025 in Review
88 of the 8,244 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q4 2025, worth a combined $96.4M — down 1.6% from $98M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FCT positions and 9 closed out — a net gain of 9 holders — while 20 added to existing stakes and 29 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $2.92M. The largest seller was Morgan Stanley, cutting an estimated $5.19M.
- 88 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q4 2025, up from 79 in Q3 2025.
- Funds reported $96.4M of First Trust Senior Floating Rate Income Fund II stock for Q4 2025, down 1.6% quarter-over-quarter.
- 18 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q4 2025 and 9 closed out, a net change of +9 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q4 2025 was Raymond James Financial, an estimated $2.92M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q4 2025 was Morgan Stanley, an estimated $5.19M sold.
Based on aggregated 13F filings for Q4 2025.