First Trust Senior Floating Rate Income Fund II
FCT
79 hedge funds and large institutions have $98M invested in First Trust Senior Floating Rate Income Fund II in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 8 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 19
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 78 → 79 (+1)
5% less capital invested
Capital invested by funds: $103M → $98M (-$4.91M)
1.28% less ownership
Funds ownership: 38.97% → 37.68% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.48M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.24M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$817K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$690K |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$2.88M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.87M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.69M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.05M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$977K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
CoreCap Advisors
Southfield,
Michigan
| $2.41K | – | – | – |
|
|
FFA
77
Farther Finance Advisors
San Francisco,
California
| $1.83K | +$504 | +50 | +38% |
|
|
GWSG
78
GPS Wealth Strategies Group
Centennial,
Colorado
| $1.5K | – | – | – |
|
|
SL
79
Salomon & Ludwin
Richmond,
Virginia
| $1.09K | – | – | – |
|
|
HNB
80
Huntington National Bank
Columbus,
Ohio
| $10 | – | – | – |
|
|
81
Pathstone Holdings
Englewood,
New Jersey
| – | -$2.88M | -283,741 | Closed |
|
|
SFS
82
Shaker Financial Services
Arlington,
Virginia
| – | -$1.69M | -166,080 | Closed |
|
|
AG
83
AmeriFlex Group
Las Vegas,
Nevada
| – | -$178K | -17,636 | Closed |
|
|
TA
84
Tactive Advisors
Jacksonville,
Florida
| – | -$114K | -11,230 | Closed |
|
|
LCM
85
Landscape Capital Management
Englewood,
New Jersey
| – | -$113K | -11,160 | Closed |
|
|
AIS
86
Accredited Investor Services
St. Cloud,
Minnesota
| – | -$103K | -10,147 | Closed |
|
87
JP Morgan Chase
New York
| – | -$1.76K | -173 | Closed |
|
88
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$71 | -7 | Closed |
|
FCT Hedge Fund Activity: Q3 2025 in Review
79 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2025, worth a combined $98M — down 4.8% from $103M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FCT positions and 8 closed out — a net gain of 2 holders — while 32 added to existing stakes and 19 trimmed.
The largest buyer was Penserra Capital Management, adding an estimated $3.48M. The largest seller was Pathstone Holdings, exiting entirely with an estimated $2.88M sold.
- 79 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2025, up from 78 in Q2 2025.
- Funds reported $98M of First Trust Senior Floating Rate Income Fund II stock for Q3 2025, down 4.8% quarter-over-quarter.
- 10 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2025 and 8 closed out, a net change of +2 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2025 was Penserra Capital Management, an estimated $3.48M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2025 was Pathstone Holdings, an estimated $2.88M sold.
Based on aggregated 13F filings for Q3 2025.