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FIV

First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest

Delisted

FIV was delisted on the 9th of December, 2021.

43 hedge funds and large institutions have $78.9M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $77.8M → $78.9M (+$1.1M)

9% less funds holding

Funds holding: 4743 (-4)

18% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 17

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $295K

Holders
43
Holders Change
-4
Holders Change %
-8.51%
% of All Funds
0.87%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
14
Reduced
17
Closed
7
Calls
Puts
$295K
Net Calls
-$295K
Net Calls Change
-$295K
Name Holding Trade Value Shares
Change
Change in
Stake
SW
26
SVB Wealth
Massachusetts
$211K
BF
27
BOK Financial
Oklahoma
$203K +$50.4K +5,925 +33%
PCM
28
Pointe Capital Management
Michigan
$190K
Ameriprise
29
Ameriprise
Minnesota
$185K -$38.8K -4,566 -17%
VEA
30
Virtus ETF Advisers
New York
$179K -$54.6K -6,423 -23%
NCM
31
Narwhal Capital Management
Georgia
$154K -$17K -2,000 -10%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$146K +$246 +29 +0.2%
Janney Montgomery Scott
33
Janney Montgomery Scott
Pennsylvania
$143K -$9.35K -1,100 -6%
APP
34
Avantax Planning Partners
Iowa
$139K
RJFSA
35
Raymond James Financial Services Advisors
Florida
$117K -$17.8K -2,096 -13%
Northwestern Mutual Wealth Management
36
Northwestern Mutual Wealth Management
Wisconsin
$96K +$73.2K +8,617 +313%
Barclays
37
Barclays
United Kingdom
$60K +$56.2K +6,618 New
CFGS
38
Concourse Financial Group Securities
Alabama
$51K
APA
39
American Portfolios Advisors
New York
$27.9K
EIP
40
Ellis Investment Partners
Pennsylvania
$14K +$102 +12 +0.7%
CHC
41
City Holding Co
West Virginia
$13K
SIS
42
Sound Income Strategies
Florida
$11K
Millennium Management
43
Millennium Management
New York
$1.07K +$705K +82,908 +188%
Invesco
44
Invesco
Georgia
-$3.65M -441,403 Closed
CWS
45
Cypress Wealth Services
California
-$297K -35,000 Closed
IAIM
46
International Assets Investment Management
Florida
-$182K -22,000 Closed
WS
47
Wedbush Securities
California
-$108K -13,070 Closed
SG
48
StoneX Group
New York
-$103K -12,500 Closed
Commonwealth Equity Services
49
Commonwealth Equity Services
Massachusetts
-$101K -12,292 Closed
GWS
50
Glassman Wealth Services
Virginia
-$10K -1,250 Closed

FIV Hedge Fund Activity: Q3 2020 in Review

43 of the 4,956 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 Q3 2020, worth a combined $78.9M — up 1.4% from $77.8M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FIV and 3 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 14 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $9.21M. The largest seller was Morgan Stanley, cutting an estimated $4.35M.

  • 43 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q3 2020, down from 47 in Q2 2020.
  • Funds reported $78.9M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q3 2020, up 1.4% quarter-over-quarter.
  • 3 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q3 2020 and 7 closed out, a net change of -4 holders.
  • The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest buyer in Q3 2020 was Rivernorth Capital Management, an estimated $9.21M added.
  • The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q3 2020 was Morgan Stanley, an estimated $4.35M sold.

Based on aggregated 13F filings for Q3 2020.