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FCT

First Trust Senior Floating Rate Income Fund II
FCT

70 hedge funds and large institutions have $101M invested in First Trust Senior Floating Rate Income Fund II in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 14

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

9% more funds holding

Funds holding: 64 → 70 (+6)

1.59% more ownership

Funds ownership: 30.77% → 32.36% (+1.6%)

4% more capital invested

Capital invested by funds: $97.7M → $101M (+$3.56M)

Holders
70
Holders Change
+6
Holders Change %
+9.38%
% of All Funds
1.08%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
28
Reduced
14
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$1.65M
2
SFS
Shaker Financial Services
Virginia
+$1.09M
3
NA
NewEdge Advisors
Louisiana
+$1.05M
4
EW
Evoke Wealth
California
+$781K
5
GC
Guggenheim Capital
Illinois
+$761K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$5.4M
2
Bank of America
Bank of America
North Carolina
-$753K
3
Invesco
Invesco
Georgia
-$658K
4
JIP
Jaffetilchin Investment Partners
Florida
-$599K
5
PAG
Private Advisor Group
New Jersey
-$585K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPA
51
Sentinel Pension Advisors
Massachusetts
$144K +$2.79K +232 +2%
Citadel Advisors
52
Citadel Advisors
Florida
$143K +$143K +11,865 New
Koshinski Asset Management
53
Koshinski Asset Management
Illinois
$136K +$2.55K +212 +2%
LWP
54
Lumature Wealth Partners
Georgia
$121K – – –
WAM
55
Wolverine Asset Management
Illinois
$89K +$88.8K +7,389 New
WCMNY
56
Westchester Capital Management (New York)
New York
$70K – – –
HCP
57
Hexagon Capital Partners
Arkansas
$38K +$60 +5 +0.2%
CFB
58
Cullen/Frost Bankers
Texas
$36K – – –
AIP
59
Ahrens Investment Partners
Louisiana
$27K +$26.7K +2,220 New
SSB
60
Sandy Spring Bank
Maryland
$24K +$24K +2,000 New
NFG
61
Next Financial Group
Texas
$22K +$1.26K +105 +6%
CFN
62
Cordasco Financial Network
Florida
$13K – – –
CA
63
CoreCap Advisors
Michigan
$13K +$13.2K +1,100 New
AA
64
AlphaMark Advisors
Kentucky
$12K – – –
CWS
65
Confluence Wealth Services
Pennsylvania
$11K +$11.4K +945 New
TRCT
66
Tower Research Capital (TRC)
New York
$6K +$3.28K +273 +120%
PGAM
67
Princeton Global Asset Management
New Jersey
$5K – – –
CBT
68
CoreFirst Bank & Trust
Kansas
$4K – – –
CHA
69
Carmichael Hill & Associates
Maryland
$3K -$12K -1,001 -78%
KFI
70
Key Financial Inc
Pennsylvania
$3K – – –
JIP
71
Jaffetilchin Investment Partners
Florida
– -$599K -48,963 Closed
FFA
72
First Foundation Advisors
California
– -$123K -10,066 Closed
Barclays
73
Barclays
United Kingdom
– -$122K -9,785 Closed
FIA
74
FNY Investment Advisers
New York
– -$61K -5,000 Closed
Northwestern Mutual Wealth Management
75
Northwestern Mutual Wealth Management
Wisconsin
– -$26K -2,128 Closed
1 2
3
4

FCT Hedge Fund Activity: Q4 2021 in Review

70 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q4 2021, worth a combined $101M — up 3.6% from $97.7M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FCT positions and 9 closed out — a net gain of 7 holders — while 28 added to existing stakes and 14 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.65M. The largest seller was Morgan Stanley, cutting an estimated $5.4M.

  • 70 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q4 2021, up from 64 in Q3 2021.
  • Funds reported $101M of First Trust Senior Floating Rate Income Fund II stock for Q4 2021, up 3.6% quarter-over-quarter.
  • 16 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q4 2021 and 9 closed out, a net change of +7 holders.
  • The largest First Trust Senior Floating Rate Income Fund II buyer in Q4 2021 was LPL Financial, an estimated $1.65M added.
  • The largest First Trust Senior Floating Rate Income Fund II seller in Q4 2021 was Morgan Stanley, an estimated $5.4M sold.

Based on aggregated 13F filings for Q4 2021.