First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
66 hedge funds and large institutions have $118M invested in First Trust Senior Floating Rate Income Fund II in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 25 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 64 → 66 (+2)
4.03% less ownership
Funds ownership: 44.18% → 40.15% (-4%)
9% less capital invested
Capital invested by funds: $129M → $118M (-$11M)
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.36M |
| 2 |
OC
Oppenheimer & Co
New York
|
+$313K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$288K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$246K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.42M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.46M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.28M |
| 5 |
WMG
WESCAP Management Group
Glendale,
California
|
-$1.04M |
FCT Hedge Fund Activity: Q3 2020 in Review
66 of the 4,971 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2020, worth a combined $118M — down 8.6% from $129M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FCT positions and 7 closed out — a net gain of 2 holders — while 17 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.36M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.42M.
- 66 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2020, up from 64 in Q2 2020.
- Funds reported $118M of First Trust Senior Floating Rate Income Fund II stock for Q3 2020, down 8.6% quarter-over-quarter.
- 9 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2020 and 7 closed out, a net change of +2 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2020 was Morgan Stanley, an estimated $1.36M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2020 was Rivernorth Capital Management, an estimated $6.42M sold.
Based on aggregated 13F filings for Q3 2020.