First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
40 hedge funds and large institutions have $84M invested in First Trust Senior Floating Rate Income Fund II in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 9 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.21% more ownership
Funds ownership: 24.13% → 24.34% (+0.21%)
2% less capital invested
Capital invested by funds: $85.3M → $84M (-$1.29M)
15% less funds holding
Funds holding: 47 → 40 (-7)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$9.44M |
| 2 |
Morgan Stanley
New York
|
+$531K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$519K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$377K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.12M |
| 2 |
KA
Klingman & Associates
New York
|
-$1.81M |
| 3 |
LPL Financial
San Diego,
California
|
-$821K |
| 4 |
HK
Horizon Kinetics
New York
|
-$655K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$585K |
FCT Hedge Fund Activity: Q3 2015 in Review
40 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2015, worth a combined $84M — down 1.5% from $85.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FCT and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $9.44M. The largest seller was Bank of America, cutting an estimated $2.12M.
- 40 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2015, down from 47 in Q2 2015.
- Funds reported $84M of First Trust Senior Floating Rate Income Fund II stock for Q3 2015, down 1.5% quarter-over-quarter.
- 4 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2015 and 9 closed out, a net change of -5 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2015 was Baillie Gifford & Co, an estimated $9.44M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2015 was Bank of America, an estimated $2.12M sold.
Based on aggregated 13F filings for Q3 2015.