First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
67 hedge funds and large institutions have $108M invested in First Trust Senior Floating Rate Income Fund II in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 12 closing their positions.
1% more capital invested
Capital invested by funds: $107M → $108M (+$809K)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
0.1% less ownership
Funds ownership: 41.66% → 41.56% (-0.1%)
9% less funds holding
Funds holding: 74 → 67 (-7)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.95M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.47M |
| 3 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$1.23M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$891K |
| 5 |
JRCM
Jones Road Capital Management
New York
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.06M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$821K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$811K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$672K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$497K |
FCT Hedge Fund Activity: Q3 2023 in Review
67 of the 6,312 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2023, worth a combined $108M — up 0.75% from $107M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FCT and 6 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 20 added.
The largest buyer was Morgan Stanley, adding an estimated $1.95M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $2.06M sold.
- 67 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2023, down from 74 in Q2 2023.
- Funds reported $108M of First Trust Senior Floating Rate Income Fund II stock for Q3 2023, up 0.75% quarter-over-quarter.
- 6 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2023 and 12 closed out, a net change of -6 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2023 was Morgan Stanley, an estimated $1.95M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2023 was Logan Stone Capital, an estimated $2.06M sold.
Based on aggregated 13F filings for Q3 2023.