First Trust Senior Loan Fund ETF
FTSL
81 hedge funds and large institutions have $306M invested in First Trust Senior Loan Fund ETF in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
15% more capital invested
Capital invested by funds: $266M → $306M (+$40.3M)
13% more funds holding
Funds holding: 72 → 81 (+9)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.3M |
| 2 |
TC
Telemus Capital
Southfield,
Michigan
|
+$7.66M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.22M |
| 4 |
WF
Welch & Forbes
Boston,
Massachusetts
|
+$4.17M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$12.7M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$4.52M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$3.3M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.69M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| $15K | – | – | – |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $5K | +$4.83K | +100 | New |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | – | – | – |
|
|
JFA
79
JNBA Financial Advisors
Bloomington,
Minnesota
| $4K | +$4.4K | +91 | New |
|
|
S
80
SignatureFD
Atlanta,
Georgia
| $4K | +$4.4K | +91 | New |
|
81
SEI Investments
Oaks,
Pennsylvania
| $2K | +$1.69K | +35 | New |
|
|
82
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.11M | -23,270 | Closed |
|
83
Citadel Advisors
Miami,
Florida
| – | -$393K | -8,209 | Closed |
|
|
CAL
84
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$10K | -202 | Closed |
|
FTSL Hedge Fund Activity: Q3 2016 in Review
81 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q3 2016, worth a combined $306M — up 15% from $266M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FTSL positions and 3 closed out — a net gain of 11 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.3M. The largest seller was UBS Group, cutting an estimated $12.7M.
- 81 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q3 2016, up from 72 in Q2 2016.
- Funds reported $306M of First Trust Senior Loan Fund ETF stock for Q3 2016, up 15% quarter-over-quarter.
- 14 funds opened new First Trust Senior Loan Fund ETF positions in Q3 2016 and 3 closed out, a net change of +11 holders.
- The largest First Trust Senior Loan Fund ETF buyer in Q3 2016 was Morgan Stanley, an estimated $14.3M added.
- The largest First Trust Senior Loan Fund ETF seller in Q3 2016 was UBS Group, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2016.