We are live on ! Find out more
FCT

First Trust Senior Floating Rate Income Fund II

40 hedge funds and large institutions have $84M invested in First Trust Senior Floating Rate Income Fund II in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

0.21% more ownership

Funds ownership: 24.13%24.34% (+0.21%)

2% less capital invested

Capital invested by funds: $85.3M → $84M (-$1.29M)

15% less funds holding

Funds holding: 4740 (-7)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
40
Holders Change
-7
Holders Change %
-14.89%
% of All Funds
1.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
14
Reduced
11
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$21.7M -$2.12M -161,950 -9%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$16.7M +$9.44M +720,000 +118%
Morgan Stanley
3
Morgan Stanley
New York
$9.09M +$531K +40,504 +6%
GC
4
Guggenheim Capital
Illinois
$7.39M +$291K +22,237 +4%
Invesco
5
Invesco
Georgia
$3.88M +$519K +39,598 +15%
UBS Group
6
UBS Group
Switzerland
$3.34M -$103K -7,829 -3%
YMRC
7
Yorktown Management & Research Company
Virginia
$3.04M
GI
8
Gradient Investments
Minnesota
$2.85M +$211K +16,118 +8%
Wells Fargo
9
Wells Fargo
California
$1.94M -$585K -44,624 -22%
KA
10
Klingman & Associates
New York
$1.76M -$1.81M -138,362 Closed
AAM
11
Advisors Asset Management
Colorado
$1.41M -$48.3K -3,682 -3%
Cohen & Steers
12
Cohen & Steers
New York
$1.22M
JP Morgan Chase
13
JP Morgan Chase
New York
$1.08M +$52 +4 +0%
CS
14
Credit Suisse
Switzerland
$1.02M +$30.8K +2,350 +3%
Citigroup
15
Citigroup
New York
$957K +$148K +11,255 +17%
Stifel Financial
16
Stifel Financial
Missouri
$924K +$2.81K +214 +0.3%
RJA
17
Raymond James & Associates
Florida
$768K -$29.3K -2,233 -4%
CA
18
Cetera Advisors
Colorado
$682K -$98.2K -7,495 -12%
LPL Financial
19
LPL Financial
California
$660K -$821K -62,674 -54%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$636K +$377K +28,769 +132%
M&T Bank
21
M&T Bank
New York
$579K
HNB
22
Huntington National Bank
Ohio
$515K
Deutsche Bank
23
Deutsche Bank
Germany
$296K
AA
24
AQR Arbitrage
Connecticut
$246K -$72.8K -5,553 -22%
PAG
25
Private Advisor Group
New Jersey
$242K -$16.1K -1,230 -6%

FCT Hedge Fund Activity: Q3 2015 in Review

40 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2015, worth a combined $84M — down 1.5% from $85.3M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FCT and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 14 added.

The largest buyer was Baillie Gifford & Co, adding an estimated $9.44M. The largest seller was Bank of America, cutting an estimated $2.12M.

  • 40 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2015, down from 47 in Q2 2015.
  • Funds reported $84M of First Trust Senior Floating Rate Income Fund II stock for Q3 2015, down 1.5% quarter-over-quarter.
  • 4 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2015 and 9 closed out, a net change of -5 holders.
  • The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2015 was Baillie Gifford & Co, an estimated $9.44M added.
  • The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2015 was Bank of America, an estimated $2.12M sold.

Based on aggregated 13F filings for Q3 2015.