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FCT

First Trust Senior Floating Rate Income Fund II

65 hedge funds and large institutions have $133M invested in First Trust Senior Floating Rate Income Fund II in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

11% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 19

5% more funds holding

Funds holding: 6265 (+3)

1.53% more ownership

Funds ownership: 41.52%43.05% (+1.5%)

3% more capital invested

Capital invested by funds: $129M → $133M (+$4.23M)

Holders
65
Holders Change
+3
Holders Change %
+4.84%
% of All Funds
1.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
21
Reduced
19
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
26
Raymond James & Associates
Florida
$558K -$167K -14,037 -23%
6M
27
6 Meridian
Kansas
$475K -$40.8K -3,432 -8%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$450K -$173K -14,512 -28%
WCM
29
Whitener Capital Management
North Carolina
$422K -$8.33K -700 -2%
FFA
30
First Foundation Advisors
California
$411K -$2.67M -224,674 -87%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$410K +$1.31K +110 +0.3%
MC
32
Matisse Capital
Oregon
$376K
MIG
33
Mariner Investment Group
New York
$348K
PAG
34
Private Advisor Group
New Jersey
$341K +$339K +28,450 New
SRC
35
Shufro Rose & Co
New York
$328K
LTFS
36
Ladenburg Thalmann Financial Services
Florida
$323K +$1.15K +97 +0.4%
PAS
37
Park Avenue Securities
New York
$316K +$41.9K +3,523 +15%
Wells Fargo
38
Wells Fargo
California
$299K -$218K -18,355 -42%
RJFSA
39
Raymond James Financial Services Advisors
Florida
$299K +$47.9K +4,022 +19%
AA
40
Apriem Advisors
California
$294K +$292K +24,500 New
SPIA
41
Steward Partners Investment Advisory
New York
$192K
Walleye Capital
42
Walleye Capital
New York
$164K +$40.5K +3,400 +33%
GWM
43
Geneos Wealth Management
Colorado
$152K -$11.4K -958 -7%
UCFA
44
United Capital Financial Advisors
Texas
$142K
DA
45
Doliver Advisors
Texas
$134K +$13.2K +1,111 +11%
RTS
46
Round Table Services
New Jersey
$125K
NFG
47
Next Financial Group
Texas
$104K -$12.7K -1,064 -11%
Northwestern Mutual Wealth Management
48
Northwestern Mutual Wealth Management
Wisconsin
$93K +$92K +7,727 New
Rockefeller Capital Management
49
Rockefeller Capital Management
New York
$87K
GRP
50
Global Retirement Partners
California
$53K -$2.74K -230 -5%

FCT Hedge Fund Activity: Q3 2019 in Review

65 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2019, worth a combined $133M — up 3.3% from $129M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FCT positions and 5 closed out — a net gain of 3 holders — while 21 added to existing stakes and 19 trimmed.

The largest buyer was Bank of America, adding an estimated $6.11M. The largest seller was First Foundation Advisors, cutting an estimated $2.67M.

  • 65 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2019, up from 62 in Q2 2019.
  • Funds reported $133M of First Trust Senior Floating Rate Income Fund II stock for Q3 2019, up 3.3% quarter-over-quarter.
  • 8 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2019 and 5 closed out, a net change of +3 holders.
  • The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2019 was Bank of America, an estimated $6.11M added.
  • The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2019 was First Foundation Advisors, an estimated $2.67M sold.

Based on aggregated 13F filings for Q3 2019.