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First Trust Senior Loan Fund ETF

120 hedge funds and large institutions have $766M invested in First Trust Senior Loan Fund ETF in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 34 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 34

3% more capital invested

Capital invested by funds: $746M → $766M (+$20.1M)

0.49% less ownership

Funds ownership: 57.96%57.48% (-0.49%)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2% less funds holding

Funds holding: 122120 (-2)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
120
Holders Change
-2
Holders Change %
-1.64%
% of All Funds
2.99%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
13
Increased
57
Reduced
34
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
76
Beaumont Financial Advisors
Massachusetts
$650K -$197K -4,063 -23%
SAM
77
Shamrock Asset Management
Texas
$582K -$909K -18,783 -61%
SFS
78
Sowell Financial Services
Arkansas
$564K +$7.75K +160 +1%
GWM
79
Geneos Wealth Management
Colorado
$505K -$7.99K -165 -2%
Baird Financial Group
80
Baird Financial Group
Wisconsin
$503K -$995K -20,546 -66%
SPIA
81
Steward Partners Investment Advisory
New York
$503K +$490K +10,115 +3,038%
CWM
82
Cornerstone Wealth Management
Missouri
$474K +$31.6K +653 +7%
BAS
83
Brown Advisory Securities
Maryland
$462K +$106K +2,180 +29%
AWA
84
Arete Wealth Advisors
Illinois
$452K -$37.8K -780 -8%
SWP
85
Stratos Wealth Partners
Ohio
$431K +$90.7K +1,873 +27%
EWM
86
Empirical Wealth Management
Washington
$414K -$4.36K -90 -1%
JCM
87
Jacobi Capital Management
Pennsylvania
$393K +$380K +7,844 +2,530%
M&T Bank
88
M&T Bank
New York
$390K -$1.4K -29 -0.4%
PTC
89
Private Trust Company
Ohio
$383K
PAG
90
Private Advisory Group
Washington
$362K -$4.79K -99 -1%
AA
91
AlphaMark Advisors
Kentucky
$335K -$11.4K -235 -3%
KA
92
Kovack Advisors
Florida
$311K +$29.4K +607 +10%
BRWA
93
B. Riley Wealth Advisors
Florida
$295K +$31.9K +658 +12%
PNC Financial Services Group
94
PNC Financial Services Group
Pennsylvania
$283K +$4.5K +93 +2%
AIM
95
Aspen Investment Management
Michigan
$273K
WP
96
WealthSource Partners
California
$260K +$20.2K +417 +8%
KFC
97
Klingenstein Fields & Co
New York
$241K
ALIONA
98
Allianz Life Insurance of North America
Minnesota
$231K +$232K +4,800 New
LWAC
99
Laurel Wealth Advisors (California)
California
$216K -$92K -1,900 -30%
BTIS
100
BB&T Investment Services
North Carolina
$193K +$89.2K +1,843 +85%

FTSL Hedge Fund Activity: Q3 2017 in Review

120 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q3 2017, worth a combined $766M — up 2.7% from $746M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FTSL and 13 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 57 added.

The largest buyer was Flaharty Asset Management, adding an estimated $10.7M. The largest seller was LVW Advisors, exiting entirely with an estimated $23.4M sold.

  • 120 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q3 2017, down from 122 in Q2 2017.
  • Funds reported $766M of First Trust Senior Loan Fund ETF stock for Q3 2017, up 2.7% quarter-over-quarter.
  • 13 funds opened new First Trust Senior Loan Fund ETF positions in Q3 2017 and 14 closed out, a net change of -1 holder.
  • The largest First Trust Senior Loan Fund ETF buyer in Q3 2017 was Flaharty Asset Management, an estimated $10.7M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q3 2017 was LVW Advisors, an estimated $23.4M sold.

Based on aggregated 13F filings for Q3 2017.