First Trust Senior Loan Fund ETF
FTSL
181 hedge funds and large institutions have $824M invested in First Trust Senior Loan Fund ETF in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 63 increasing their positions, 66 reducing their positions, and 25 closing their positions.
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
2% more funds holding
Funds holding: 177 → 181 (+4)
5% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 66
2.45% less ownership
Funds ownership: 54.84% → 52.39% (-2.5%)
7% less capital invested
Capital invested by funds: $882M → $824M (-$58.3M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$27.5M |
| 2 |
Morgan Stanley
New York
|
+$8.68M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.89M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.51M |
| 5 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$21.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$14M |
| 3 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$10.1M |
| 4 |
Jane Street
New York
|
-$9.88M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$9.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
201
First Horizon Advisors
Memphis,
Tennessee
| – | -$10K | -220 | Closed |
|
|
FMP
202
Financial Management Professionals
Austin,
Texas
| – | -$5K | -106 | Closed |
|
|
WAS
203
Winch Advisory Services
Appleton,
Wisconsin
| – | -$5K | -100 | Closed |
|
|
AF
204
Allworth Financial
Folsom,
California
| – | -$1K | -25 | Closed |
|
205
Fidelity Investments
Boston,
Massachusetts
| – | -$47 | -1 | -50% |
|
FTSL Hedge Fund Activity: Q1 2019 in Review
181 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q1 2019, worth a combined $824M — down 6.6% from $882M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FTSL positions and 25 closed out — a net gain of 6 holders — while 63 added to existing stakes and 66 trimmed.
The largest buyer was American Financial Advisors, adding an estimated $27.5M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $21.5M sold.
- 181 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q1 2019, up from 177 in Q4 2018.
- Funds reported $824M of First Trust Senior Loan Fund ETF stock for Q1 2019, down 6.6% quarter-over-quarter.
- 31 funds opened new First Trust Senior Loan Fund ETF positions in Q1 2019 and 25 closed out, a net change of +6 holders.
- The largest First Trust Senior Loan Fund ETF buyer in Q1 2019 was American Financial Advisors, an estimated $27.5M added.
- The largest First Trust Senior Loan Fund ETF seller in Q1 2019 was RiverFront Investment Group, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2019.