First Trust Senior Floating Rate Income Fund II
FCT
73 hedge funds and large institutions have $115M invested in First Trust Senior Floating Rate Income Fund II in 2024 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
133% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 15
9% more funds holding
Funds holding: 67 → 73 (+6)
5% more capital invested
Capital invested by funds: $109M → $115M (+$5.8M)
2.16% more ownership
Funds ownership: 40.49% → 42.65% (+2.2%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.97M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.53M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.19M |
| 4 |
Morgan Stanley
New York
|
+$1.18M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$902K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.12M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.04M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$548K |
| 4 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
-$544K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$280K |
FCT Hedge Fund Activity: Q4 2024 in Review
73 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q4 2024, worth a combined $115M — up 5.3% from $109M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FCT positions and 3 closed out — a net gain of 8 holders — while 35 added to existing stakes and 15 trimmed.
The largest buyer was Pathstone Holdings, adding an estimated $1.97M. The largest seller was LPL Financial, cutting an estimated $3.12M.
- 73 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q4 2024, up from 67 in Q3 2024.
- Funds reported $115M of First Trust Senior Floating Rate Income Fund II stock for Q4 2024, up 5.3% quarter-over-quarter.
- 11 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q4 2024 and 3 closed out, a net change of +8 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q4 2024 was Pathstone Holdings, an estimated $1.97M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q4 2024 was LPL Financial, an estimated $3.12M sold.
Based on aggregated 13F filings for Q4 2024.