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First Trust Senior Loan Fund ETF

117 hedge funds and large institutions have $737M invested in First Trust Senior Loan Fund ETF in 2017 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

767% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 3

211% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 19

58% more capital invested

Capital invested by funds: $468M → $737M (+$269M)

23% more funds holding

Funds holding: 95117 (+22)

4.46% more ownership

Funds ownership: 57.2%61.66% (+4.5%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
117
Holders Change
+22
Holders Change %
+23.16%
% of All Funds
2.91%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
26
Increased
59
Reduced
19
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$161M +$30.2M +622,829 +23%
RIG
2
RiverFront Investment Group
Virginia
$96.5M +$96.8M +1,993,355 New
Wells Fargo
3
Wells Fargo
California
$47.2M +$11.2M +231,220 +31%
Bank of America
4
Bank of America
North Carolina
$45.5M +$5.63M +116,092 +14%
UBS Group
5
UBS Group
Switzerland
$42.4M +$6.78M +139,751 +19%
RJA
6
Raymond James & Associates
Florida
$29.8M +$22.8M +469,551 +323%
LPL Financial
7
LPL Financial
California
$18.8M +$3.88M +79,863 +26%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$18.8M +$8.52M +175,563 +82%
LA
9
LVW Advisors
New York
$18.2M +$13M +267,944 +247%
Stifel Financial
10
Stifel Financial
Missouri
$14.7M +$1.96M +40,446 +15%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$13.1M +$8.44M +173,869 +181%
MIFH
12
Migdal Insurance & Financial Holdings
Israel
$12.7M +$9.03M +185,971 +246%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$12.4M -$1.37M -28,273 -10%
BTS
14
BB&T Securities
Virginia
$12.1M +$11.9M +244,705 +3,863%
WF
15
Welch & Forbes
Massachusetts
$11.3M +$1.51M +31,160 +15%
JIP
16
Jaffetilchin Investment Partners
Florida
$10.4M +$1.67M +34,480 +19%
3AM
17
3D Asset Management
Connecticut
$9.52M -$2.76M -56,948 -22%
AG
18
Advisor Group
Arizona
$9.01M -$1.55M -31,969 -15%
Goldman Sachs
19
Goldman Sachs
New York
$8.99M +$9.02M +185,774 New
CCA
20
Clearwater Capital Advisors
Illinois
$8.07M +$1.95M +40,082 +32%
HighTower Advisors
21
HighTower Advisors
Illinois
$7.88M +$1.92M +39,552 +32%
TC
22
Telemus Capital
Michigan
$7.82M -$435K -8,972 -5%
FAM
23
Flaharty Asset Management
Florida
$7.4M +$7.42M +152,836 New
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$7.26M +$1.87M +38,520 +35%
PAG
25
Private Advisor Group
New Jersey
$6.01M +$2.58M +53,208 +75%

FTSL Hedge Fund Activity: Q1 2017 in Review

117 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q1 2017, worth a combined $737M — up 58% from $468M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new FTSL positions and 3 closed out — a net gain of 23 holders — while 59 added to existing stakes and 19 trimmed.

The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $96.8M. The largest seller was First Trust Advisors, cutting an estimated $8.3M.

  • 117 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q1 2017, up from 95 in Q4 2016.
  • Funds reported $737M of First Trust Senior Loan Fund ETF stock for Q1 2017, up 58% quarter-over-quarter.
  • 26 funds opened new First Trust Senior Loan Fund ETF positions in Q1 2017 and 3 closed out, a net change of +23 holders.
  • The largest First Trust Senior Loan Fund ETF buyer in Q1 2017 was RiverFront Investment Group, an estimated $96.8M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q1 2017 was First Trust Advisors, an estimated $8.3M sold.

Based on aggregated 13F filings for Q1 2017.