First Trust Senior Loan Fund ETF
FTSL
316 hedge funds and large institutions have $1.56B invested in First Trust Senior Loan Fund ETF in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 122 increasing their positions, 137 reducing their positions, and 30 closing their positions.
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
2% less funds holding
Funds holding: 324 → 316 (-8)
6.69% less ownership
Funds ownership: 80% → 73.32% (-6.7%)
11% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 137
15% less capital invested
Capital invested by funds: $1.83B → $1.56B (-$268M)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$22.1M |
| 2 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$21.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.3M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$12.1M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
+$9.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$120M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$65.4M |
| 3 |
Jane Street
New York
|
-$57M |
| 4 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$48.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.34M |
FTSL Hedge Fund Activity: Q1 2024 in Review
316 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q1 2024, worth a combined $1.56B — down 15% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FTSL and 29 opened new positions — a net loss of 1 holder — while 137 trimmed existing stakes and 122 added.
The largest buyer was Kovitz Investment Group Partners, opening a new position worth an estimated $22.1M. The largest seller was Morgan Stanley, cutting an estimated $120M.
- 316 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q1 2024, down from 324 in Q4 2023.
- Funds reported $1.56B of First Trust Senior Loan Fund ETF stock for Q1 2024, down 15% quarter-over-quarter.
- 29 funds opened new First Trust Senior Loan Fund ETF positions in Q1 2024 and 30 closed out, a net change of -1 holder.
- The largest First Trust Senior Loan Fund ETF buyer in Q1 2024 was Kovitz Investment Group Partners, an estimated $22.1M added.
- The largest First Trust Senior Loan Fund ETF seller in Q1 2024 was Morgan Stanley, an estimated $120M sold.
Based on aggregated 13F filings for Q1 2024.