First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
65 hedge funds and large institutions have $138M invested in First Trust Senior Floating Rate Income Fund II in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
5% more funds holding
Funds holding: 62 → 65 (+3)
1.53% more ownership
Funds ownership: 41.52% → 43.05% (+1.5%)
3% more capital invested
Capital invested by funds: $134M → $138M (+$4.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.11M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.96M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$971K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$683K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.67M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.89M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$941K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$545K |
| 5 |
Morgan Stanley
New York
|
-$529K |
FCT Hedge Fund Activity: Q3 2019 in Review
65 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2019, worth a combined $138M — up 3.3% from $134M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FCT positions and 5 closed out — a net gain of 3 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $6.11M. The largest seller was First Foundation Advisors, cutting an estimated $2.67M.
- 65 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2019, up from 62 in Q2 2019.
- Funds reported $138M of First Trust Senior Floating Rate Income Fund II stock for Q3 2019, up 3.3% quarter-over-quarter.
- 8 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2019 and 5 closed out, a net change of +3 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2019 was Bank of America, an estimated $6.11M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2019 was First Foundation Advisors, an estimated $2.67M sold.
Based on aggregated 13F filings for Q3 2019.