First Trust Senior Floating Rate Income Fund II
FCT
58 hedge funds and large institutions have $106M invested in First Trust Senior Floating Rate Income Fund II in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 8 closing their positions.
0.74% more ownership
Funds ownership: 30.12% → 30.85% (+0.74%)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0% less capital invested
Capital invested by funds: $106M → $106M (-$86K)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
+$2.78M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$713K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$565K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$479K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$743K |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$554K |
| 3 |
Morgan Stanley
New York
|
-$501K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$405K |
| 5 |
KA
Klingman & Associates
New York
|
-$340K |
FCT Hedge Fund Activity: Q3 2018 in Review
58 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2018, worth a combined $106M — down 0.08% from $106M a quarter earlier.
Fund positioning in FCT was balanced in Q3 2018: 8 funds opened new positions, 8 closed out, 18 added to existing stakes and 22 trimmed.
The largest buyer was Edgemoor Investment Advisors, adding an estimated $2.78M. The largest seller was Bank of America, cutting an estimated $743K.
- 58 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $106M of First Trust Senior Floating Rate Income Fund II stock for Q3 2018, down 0.08% quarter-over-quarter.
- 8 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2018 and 8 closed out, a net change of 0 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2018 was Edgemoor Investment Advisors, an estimated $2.78M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2018 was Bank of America, an estimated $743K sold.
Based on aggregated 13F filings for Q3 2018.