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FCT

First Trust Senior Floating Rate Income Fund II

58 hedge funds and large institutions have $106M invested in First Trust Senior Floating Rate Income Fund II in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.74% more ownership

Funds ownership: 30.12%30.85% (+0.74%)

0% more funds holding

Funds holding: 5858 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

0% less capital invested

Capital invested by funds: $106M → $106M (-$86K)

18% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 22

Holders
58
Holders Change
Holders Change %
0%
% of All Funds
1.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
18
Reduced
22
Closed
8
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
$34.3M -$743K -58,367 -2%
RVPG
2
Relative Value Partners Group
$16.2M +$69.7K +5,473 +0.4%
EIA
3
Edgemoor Investment Advisors
Maryland
$7.66M +$2.78M +218,245 +57%
Morgan Stanley
4
Morgan Stanley
New York
$5.37M -$501K -39,335 -9%
GC
5
Guggenheim Capital
Illinois
$4.72M +$713K +55,994 +18%
GI
6
Gradient Investments
Minnesota
$4.28M -$233K -18,314 -5%
FFA
7
First Foundation Advisors
California
$3.77M +$67.5K +5,300 +2%
Invesco
8
Invesco
Georgia
$3.62M -$405K -31,818 -10%
UBS Group
9
UBS Group
Switzerland
$3.19M +$279K +21,895 +10%
CWM
10
Cornerstone Wealth Management
Missouri
$2.37M -$139K -10,901 -26%
Stifel Financial
11
Stifel Financial
Missouri
$2.1M -$58.5K -4,590 -3%
AAMU
12
Amundi Asset Management US
Massachusetts
$1.91M
PCM
13
Peak Capital Management
Colorado
$1.64M -$168K -13,220 -9%
AAM
14
Advisors Asset Management
Colorado
$1.42M -$45.9K -3,605 -3%
AFP
15
Ausdal Financial Partners
Iowa
$1.2M -$43.3K -3,400 -3%
Ameriprise
16
Ameriprise
Minnesota
$1.14M +$15.1K +1,182 +1%
WCMNY
17
Westchester Capital Management (New York)
New York
$980K
RJA
18
Raymond James & Associates
Florida
$962K -$11.1K -873 -1%
KA
19
Klingman & Associates
New York
$920K -$340K -26,684 -27%
SFS
20
Shaker Financial Services
Virginia
$906K +$224K +17,594 +33%
COLIM
21
City of London Investment Management
United Kingdom
$755K +$565K +44,357 +293%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$592K -$36.1K -2,834 -6%
Wells Fargo
23
Wells Fargo
California
$522K -$20.8K -1,637 -4%
DA
24
Doliver Advisors
Texas
$504K +$371K +29,157 +278%
WAM
25
Wolverine Asset Management
Illinois
$478K +$479K +37,635 New

FCT Hedge Fund Activity: Q3 2018 in Review

58 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q3 2018, worth a combined $106M — down 0.08% from $106M a quarter earlier.

Fund positioning in FCT was balanced in Q3 2018: 8 funds opened new positions, 8 closed out, 18 added to existing stakes and 22 trimmed.

The largest buyer was Edgemoor Investment Advisors, adding an estimated $2.78M. The largest seller was Bank of America, cutting an estimated $743K.

  • 58 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q3 2018, unchanged from Q2 2018.
  • Funds reported $106M of First Trust Senior Floating Rate Income Fund II stock for Q3 2018, down 0.08% quarter-over-quarter.
  • 8 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q3 2018 and 8 closed out, a net change of 0 holders.
  • The largest First Trust Senior Floating Rate Income Fund II buyer in Q3 2018 was Edgemoor Investment Advisors, an estimated $2.78M added.
  • The largest First Trust Senior Floating Rate Income Fund II seller in Q3 2018 was Bank of America, an estimated $743K sold.

Based on aggregated 13F filings for Q3 2018.