First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest
FIV
FIV was delisted on the 9th of December, 2021.
47 hedge funds and large institutions have $77.8M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 4 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
22% more capital invested
Capital invested by funds: $63.6M → $77.8M (+$14.2M)
0% more funds holding
Funds holding: 47 → 47 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.57M |
| 2 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
+$2.12M |
| 3 |
Morgan Stanley
New York
|
+$1.17M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.14M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
-$1.29M |
| 2 |
RVPG
Relative Value Partners Group
|
-$611K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$462K |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$327K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$150K |
FIV Hedge Fund Activity: Q2 2020 in Review
47 of the 4,877 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 2020, worth a combined $77.8M — up 22% from $63.6M a quarter earlier.
Fund positioning in FIV was balanced in Q2 2020: 4 funds opened new positions, 4 closed out, 18 added to existing stakes and 14 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.57M. The largest seller was Virtus ETF Advisers, cutting an estimated $1.29M.
- 47 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $77.8M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q2 2020, up 22% quarter-over-quarter.
- 4 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q2 2020 and 4 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 Q2 2020 was Raymond James & Associates, an estimated $2.57M added.
- The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q2 2020 was Virtus ETF Advisers, an estimated $1.29M sold.
Based on aggregated 13F filings for Q2 2020.