First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
80 hedge funds and large institutions have $108M invested in First Trust Senior Floating Rate Income Fund II in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 15 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
10% more capital invested
Capital invested by funds: $98.4M → $108M (+$9.6M)
1.94% more ownership
Funds ownership: 39.72% → 41.66% (+1.9%)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 81 → 80 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.77M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.88M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.63M |
| 4 |
JRCM
Jones Road Capital Management
New York
|
+$1.62M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$7.71M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$4.17M |
| 3 |
GA
GraniteShares Advisors
New York
|
-$2.23M |
| 4 |
EE
EWG Elevate
Roseville,
California
|
-$1.14M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$824K |
FCT Hedge Fund Activity: Q1 2023 in Review
80 of the 6,285 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q1 2023, worth a combined $108M — up 9.8% from $98.4M a quarter earlier.
Fund positioning in FCT was balanced in Q1 2023: 15 funds opened new positions, 15 closed out, 26 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.77M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $7.71M sold.
- 80 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q1 2023, down from 81 in Q4 2022.
- Funds reported $108M of First Trust Senior Floating Rate Income Fund II stock for Q1 2023, up 9.8% quarter-over-quarter.
- 15 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q1 2023 and 15 closed out, a net change of 0 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q1 2023 was Morgan Stanley, an estimated $8.77M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q1 2023 was Oaktree Capital Management, an estimated $7.71M sold.
Based on aggregated 13F filings for Q1 2023.