First Trust Senior Loan Fund ETF
FTSL
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 12 funds opening new positions, 57 increasing their positions, 35 reducing their positions, and 14 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 35
3% more capital invested
Capital invested by funds: $747M → $766M (+$19.1M)
0.56% less ownership
Funds ownership: 58.04% → 57.48% (-0.56%)
2% less funds holding
Funds holding: 123 → 120 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$10.7M |
| 2 |
Jane Street
New York
|
+$9.75M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.58M |
| 4 |
Goldman Sachs
New York
|
+$3.44M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
LVW Advisors
Pittsford,
New York
|
-$23.4M |
| 2 |
Morgan Stanley
New York
|
-$2.67M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.9M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.68M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.25M |
FTSL Hedge Fund Activity: Q3 2017 in Review
120 of the 4,022 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 2.6% from $747M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTSL and 12 opened new positions — a net loss of 2 holders — while 35 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 123 in Q2 2017.
- Funds reported $766M of First Trust Senior Loan Fund ETF stock for Q3 2017, up 2.6% quarter-over-quarter.
- 12 funds opened new First Trust Senior Loan Fund ETF positions in Q3 2017 and 14 closed out, a net change of -2 holders.
- 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.