First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest
FIV
FIV was delisted on the 9th of December, 2021.
19 hedge funds and large institutions have $22.7M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
41% more capital invested
Capital invested by funds: $16.2M → $22.7M (+$6.57M)
36% more funds holding
Funds holding: 14 → 19 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.29M |
| 2 |
Comerica Bank
Dallas,
Texas
|
+$1.29M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.25M |
| 4 |
Morgan Stanley
New York
|
+$867K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$1.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$476K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$111K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.4K |
FIV Hedge Fund Activity: Q2 2017 in Review
19 of the 4,022 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 Q2 2017, worth a combined $22.7M — up 41% from $16.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FIV positions and 1 closed out — a net gain of 5 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.29M. The largest seller was ACG Wealth, cutting an estimated $1.7M.
- 19 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q2 2017, up from 14 in Q1 2017.
- Funds reported $22.7M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q2 2017, up 41% quarter-over-quarter.
- 6 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q2 2017 and 1 closed out, a net change of +5 holders.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest buyer in Q2 2017 was Wells Fargo, an estimated $3.29M added.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q2 2017 was ACG Wealth, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2017.