First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest
FIV
FIV was delisted on the 9th of December, 2021.
44 hedge funds and large institutions have $68.1M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 43 → 44 (+1)
0% more capital invested
Capital invested by funds: $68M → $68.1M (+$130K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$1.83M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$753K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$751K |
| 4 |
RVPG
Relative Value Partners Group
|
+$638K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.96M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$819K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$399K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$293K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$267K |
FIV Hedge Fund Activity: Q3 2019 in Review
44 of the 4,574 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 2019, worth a combined $68.1M — up 0.19% from $68M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FIV positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $1.83M. The largest seller was Morgan Stanley, cutting an estimated $2.96M.
- 44 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q3 2019, up from 43 in Q2 2019.
- Funds reported $68.1M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q3 2019, up 0.19% quarter-over-quarter.
- 6 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q3 2019 and 5 closed out, a net change of +1 holder.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest buyer in Q3 2019 was Virtus ETF Advisers, an estimated $1.83M added.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q3 2019 was Morgan Stanley, an estimated $2.96M sold.
Based on aggregated 13F filings for Q3 2019.