First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest
FIV
FIV was delisted on the 9th of December, 2021.
39 hedge funds and large institutions have $64.6M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 8 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
9% more capital invested
Capital invested by funds: $59.4M → $64.6M (+$5.13M)
0% more funds holding
Funds holding: 39 → 39 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$981K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$819K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$762K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$680K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.14M |
| 2 |
Morgan Stanley
New York
|
-$2.02M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$138K |
| 4 |
KA
Klingman & Associates
New York
|
-$124K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$99K |
FIV Hedge Fund Activity: Q1 2019 in Review
39 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) for Q1 2019, worth a combined $64.6M — up 8.6% from $59.4M a quarter earlier.
Fund positioning in FIV was balanced in Q1 2019: 8 funds opened new positions, 8 closed out, 14 added to existing stakes and 9 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $981K. The largest seller was Rivernorth Capital Management, cutting an estimated $2.14M.
- 39 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $64.6M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q1 2019, up 8.6% quarter-over-quarter.
- 8 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q1 2019 and 8 closed out, a net change of 0 holders.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest buyer in Q1 2019 was Wolverine Asset Management, an estimated $981K added.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q1 2019 was Rivernorth Capital Management, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2019.