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First Trust Senior Loan Fund ETF

95 hedge funds and large institutions have $468M invested in First Trust Senior Loan Fund ETF in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 10 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

420% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 10

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

167% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 9

57.2% more ownership

Funds ownership: 0%57.2% (+57%)

53% more capital invested

Capital invested by funds: $306M → $468M (+$162M)

17% more funds holding

Funds holding: 8195 (+14)

Holders
95
Holders Change
+14
Holders Change %
+17.28%
% of All Funds
2.38%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.1%
New
24
Increased
52
Reduced
10
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$131M +$47.4M +980,129 +57%
Bank of America
2
Bank of America
North Carolina
$40M +$18.9M +389,893 +90%
Wells Fargo
3
Wells Fargo
California
$36.1M +$9.16M +189,373 +34%
UBS Group
4
UBS Group
Switzerland
$35.8M +$8.23M +170,039 +30%
LPL Financial
5
LPL Financial
California
$15M +$1.52M +31,437 +11%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$13.8M +$4.83M +99,772 +54%
Stifel Financial
7
Stifel Financial
Missouri
$12.8M +$1.06M +21,805 +9%
3AM
8
3D Asset Management
Connecticut
$12.3M -$65.8K -1,360 -0.5%
First Trust Advisors
9
First Trust Advisors
Illinois
$11.3M +$6.73M +139,046 +149%
AG
10
Advisor Group
Arizona
$10.6M +$10.4M +214,676 +6,242%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$10.4M +$2.66M +55,068 +35%
WF
12
Welch & Forbes
Massachusetts
$9.78M +$4.45M +92,025 +84%
JIP
13
Jaffetilchin Investment Partners
Florida
$8.81M +$255K +5,274 +3%
TC
14
Telemus Capital
Michigan
$8.28M +$580K +11,992 +8%
RJA
15
Raymond James & Associates
Florida
$7.06M +$3.98M +82,309 +130%
CCA
16
Clearwater Capital Advisors
Illinois
$6.14M +$1.14M +23,566 +23%
AA
17
Alesco Advisors
New York
$5.99M +$2.15M +44,422 +56%
HighTower Advisors
18
HighTower Advisors
Illinois
$5.98M +$1.9M +39,248 +47%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$5.41M +$391K +8,071 +8%
MFS
20
MSI Financial Services
Massachusetts
$5.27M +$3.18M +65,762 +154%
LA
21
LVW Advisors
New York
$5.26M +$4.46M +92,151 +572%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$4.66M +$1.37M +28,305 +42%
MIFH
23
Migdal Insurance & Financial Holdings
Israel
$3.67M +$3.66M +75,570 New
PAG
24
Private Advisor Group
New Jersey
$3.45M +$2.78M +57,405 +425%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$3.34M +$1.71M +35,392 +106%

FTSL Hedge Fund Activity: Q4 2016 in Review

95 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q4 2016, worth a combined $468M — up 53% from $306M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FTSL positions and 9 closed out — a net gain of 15 holders — while 52 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $47.4M. The largest seller was Madden Advisory Services, exiting entirely with an estimated $1.58M sold.

  • 95 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q4 2016, up from 81 in Q3 2016.
  • Funds reported $468M of First Trust Senior Loan Fund ETF stock for Q4 2016, up 53% quarter-over-quarter.
  • 24 funds opened new First Trust Senior Loan Fund ETF positions in Q4 2016 and 9 closed out, a net change of +15 holders.
  • The largest First Trust Senior Loan Fund ETF buyer in Q4 2016 was Morgan Stanley, an estimated $47.4M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q4 2016 was Madden Advisory Services, an estimated $1.58M sold.

Based on aggregated 13F filings for Q4 2016.