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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.

46 hedge funds and large institutions have $103M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $93M → $103M (+$9.72M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 4846 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

57% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 21

Holders
46
Holders Change
-2
Holders Change %
-4.17%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
9
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWS
26
Cypress Wealth Services
California
$339K +$258 +27 +0.1%
BRWM
27
B. Riley Wealth Management
Tennessee
$330K -$91.7K -9,585 -22%
Truist Financial
28
Truist Financial
North Carolina
$322K -$105K -11,000 -25%
WSTAM
29
Wilbanks Smith & Thomas Asset Management
Virginia
$273K
SW
30
SVB Wealth
Massachusetts
$241K
BF
31
BOK Financial
Oklahoma
$232K +$230K +24,081 New
VEA
32
Virtus ETF Advisers
New York
$228K -$24.9K -2,605 -10%
PCM
33
Pointe Capital Management
Michigan
$217K
Ameriprise
34
Ameriprise
Minnesota
$191K +$53.5K +5,599 +39%
Barclays
35
Barclays
United Kingdom
$163K +$160K +16,712 New
APP
36
Avantax Planning Partners
Iowa
$158K
EH
37
Equitable Holdings
New York
$144K
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$128K +$128K +13,362 New
LPL Financial
39
LPL Financial
California
$125K -$22.6K -2,367 -15%
Janney Montgomery Scott
40
Janney Montgomery Scott
Pennsylvania
$120K
GIA
41
Gladstone Institutional Advisory
Florida
$96K -$9.56K -1,000 -9%
MC
42
Moors & Cabot
Massachusetts
$96K
Bessemer Group
43
Bessemer Group
New Jersey
$50K -$526 -55 -1%
SIS
44
Sound Income Strategies
Florida
$13K
APA
45
American Portfolios Advisors
New York
$11.1K
TVWM
46
Tower View Wealth Management
Wisconsin
$10K +$9.56K +1,000 New
CHAM
47
Clear Harbor Asset Management
Connecticut
-$251K -26,405 Closed
RJFSA
48
Raymond James Financial Services Advisors
Florida
-$156K -16,404 Closed
Citadel Advisors
49
Citadel Advisors
Florida
-$153K -16,056 Closed
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
-$140K -14,678 Closed

FIV Hedge Fund Activity: Q3 2021 in Review

46 of the 5,712 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 2021, worth a combined $103M — up 10% from $93M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FIV and 6 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 9 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $5.59M. The largest seller was Shaker Financial Services, cutting an estimated $1.75M.

  • 46 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q3 2021, down from 48 in Q2 2021.
  • Funds reported $103M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q3 2021, up 10% quarter-over-quarter.
  • 6 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q3 2021 and 8 closed out, a net change of -2 holders.
  • The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest buyer in Q3 2021 was Rivernorth Capital Management, an estimated $5.59M added.
  • The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q3 2021 was Shaker Financial Services, an estimated $1.75M sold.

Based on aggregated 13F filings for Q3 2021.