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 $146M invested in First Trust Senior Floating Rate Income Fund II in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 9 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
6% more capital invested
Capital invested by funds: $138M → $146M (+$7.62M)
0.27% more ownership
Funds ownership: 43.05% → 43.32% (+0.27%)
0% more funds holding
Funds holding: 65 → 65 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.84M |
| 2 |
Morgan Stanley
New York
|
+$1.11M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$935K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$732K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$721K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.91M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.63M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.43M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.26M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$658K |
FCT Hedge Fund Activity: Q4 2019 in Review
65 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q4 2019, worth a combined $146M — up 5.5% from $138M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FCT positions and 9 closed out — a net gain of 1 holder — while 24 added to existing stakes and 20 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.84M. The largest seller was Bank of America, cutting an estimated $1.91M.
- 65 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $146M of First Trust Senior Floating Rate Income Fund II stock for Q4 2019, up 5.5% quarter-over-quarter.
- 10 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q4 2019 and 9 closed out, a net change of +1 holder.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q4 2019 was Rivernorth Capital Management, an estimated $2.84M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q4 2019 was Bank of America, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2019.