First Trust Senior Floating Rate Income Fund II
FCT
78 hedge funds and large institutions have $103M invested in First Trust Senior Floating Rate Income Fund II in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
3% more funds holding
Funds holding: 76 → 78 (+2)
3% less capital invested
Capital invested by funds: $106M → $103M (-$3.26M)
1.3% less ownership
Funds ownership: 40.27% → 38.97% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.38M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.35M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$403K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$366K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JRCM
Jones Road Capital Management
New York
|
-$4.04M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.45M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$390K |
| 5 |
HA
Helium Advisors
Everett,
Washington
|
-$349K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SL
76
Salomon & Ludwin
Richmond,
Virginia
| $1.13K | +$1.1K | +112 | New |
|
|
SPIA
77
Steward Partners Investment Advisory
New York
| $345 | +$335 | +34 | New |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $71 | – | – | – |
|
|
HNB
79
Huntington National Bank
Columbus,
Ohio
| $10 | – | – | – |
|
|
JRCM
80
Jones Road Capital Management
New York
| – | -$4.04M | -398,000 | Closed |
|
|
GPW
81
Gentry Private Wealth
Wichita,
Kansas
| – | -$294K | -29,000 | Closed |
|
82
Millennium Management
New York
| – | -$231K | -22,795 | Closed |
|
|
HF
83
HRT Financial
New York
| – | -$143K | -14,139 | Closed |
|
|
EC
84
Elequin Capital
New York
| – | -$63.8K | -6,292 | Closed |
|
|
CFFP
85
Center for Financial Planning
Southfied,
Michigan
| – | -$14.7K | -1,450 | Closed |
|
|
HCP
86
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$5.17K | -509 | Closed |
|
|
AAP
87
Arax Advisory Partners
Denver,
Colorado
| – | -$5.07K | -500 | Closed |
|
|
CCM
88
Coldstream Capital Management
Bellevue,
Washington
| – | -$2.58K | -254 | Closed |
|
FCT Hedge Fund Activity: Q2 2025 in Review
78 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q2 2025, worth a combined $103M — down 3.1% from $106M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FCT positions and 9 closed out — a net gain of 2 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.38M. The largest seller was Jones Road Capital Management, exiting entirely with an estimated $4.04M sold.
- 78 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q2 2025, up from 76 in Q1 2025.
- Funds reported $103M of First Trust Senior Floating Rate Income Fund II stock for Q2 2025, down 3.1% quarter-over-quarter.
- 11 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q2 2025 and 9 closed out, a net change of +2 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q2 2025 was Morgan Stanley, an estimated $1.38M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q2 2025 was Jones Road Capital Management, an estimated $4.04M sold.
Based on aggregated 13F filings for Q2 2025.