First Trust Senior Floating Rate Income Fund II
FCT
FCT was delisted on the 7th of August, 2026.
74 hedge funds and large institutions have $115M invested in First Trust Senior Floating Rate Income Fund II in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 12 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
1% more capital invested
Capital invested by funds: $113M → $115M (+$1.4M)
0.5% less ownership
Funds ownership: 43.2% → 42.71% (-0.5%)
3% less funds holding
Funds holding: 76 → 74 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.87M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$791K |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$518K |
| 4 |
JRCM
Jones Road Capital Management
New York
|
+$420K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$2.95M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.35M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.14M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$719K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$578K |
FCT Hedge Fund Activity: Q1 2024 in Review
74 of the 6,961 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q1 2024, worth a combined $115M — up 1.2% from $113M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FCT and 10 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $3.87M. The largest seller was Wagner Wealth Management (South Carolina), exiting entirely with an estimated $2.95M sold.
- 74 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q1 2024, down from 76 in Q4 2023.
- Funds reported $115M of First Trust Senior Floating Rate Income Fund II stock for Q1 2024, up 1.2% quarter-over-quarter.
- 10 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q1 2024 and 12 closed out, a net change of -2 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q1 2024 was Morgan Stanley, an estimated $3.87M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q1 2024 was Wagner Wealth Management (South Carolina), an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2024.