First Trust Senior Floating Rate Income Fund II
FCT
76 hedge funds and large institutions have $106M invested in First Trust Senior Floating Rate Income Fund II in 2025 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
4% more funds holding
Funds holding: 73 → 76 (+3)
2.38% less ownership
Funds ownership: 42.65% → 40.27% (-2.4%)
7% less capital invested
Capital invested by funds: $115M → $106M (-$8.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
+$1.06M |
| 2 |
Morgan Stanley
New York
|
+$897K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$639K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$464K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.22M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$2.61M |
| 3 |
LPL Financial
San Diego,
California
|
-$876K |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$827K |
| 5 |
TI
TrueMark Investments
Chicago,
Illinois
|
-$771K |
FCT Hedge Fund Activity: Q1 2025 in Review
76 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q1 2025, worth a combined $106M — down 7.5% from $115M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FCT positions and 7 closed out — a net gain of 4 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was Virtus Investment Advisers, opening a new position worth an estimated $1.06M. The largest seller was Penserra Capital Management, cutting an estimated $4.22M.
- 76 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q1 2025, up from 73 in Q4 2024.
- Funds reported $106M of First Trust Senior Floating Rate Income Fund II stock for Q1 2025, down 7.5% quarter-over-quarter.
- 11 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q1 2025 and 7 closed out, a net change of +4 holders.
- The largest First Trust Senior Floating Rate Income Fund II buyer in Q1 2025 was Virtus Investment Advisers, an estimated $1.06M added.
- The largest First Trust Senior Floating Rate Income Fund II seller in Q1 2025 was Penserra Capital Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q1 2025.