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First Trust Senior Loan Fund ETF

142 hedge funds and large institutions have $775M invested in First Trust Senior Loan Fund ETF in 2017 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

244% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 9

18% more funds holding

Funds holding: 120142 (+22)

15% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 46

1% more capital invested

Capital invested by funds: $766M → $775M (+$9.22M)

0.45% more ownership

Funds ownership: 57.48%57.92% (+0.45%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
142
Holders Change
+22
Holders Change %
+18.33%
% of All Funds
3.22%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
31
Increased
53
Reduced
46
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
$158M -$8.5M -176,467 -5%
RIG
2
RiverFront Investment Group
Virginia
$97.6M +$225K +4,668 +0.2%
Wells Fargo
3
Wells Fargo
California
$55.7M +$3.19M +66,187 +6%
Bank of America
4
Bank of America
North Carolina
$47.3M +$1.85M +38,294 +4%
UBS Group
5
UBS Group
Switzerland
$43.5M -$5.96M -123,746 -12%
RJA
6
Raymond James & Associates
Florida
$33.6M +$844K +17,519 +3%
MAP
7
Milestone Advisory Partners
North Carolina
$26.8M +$26.9M +557,781 New
LPL Financial
8
LPL Financial
California
$18.4M -$919K -19,077 -5%
WF
9
Welch & Forbes
Massachusetts
$17.7M +$2.65M +55,023 +18%
ACM
10
Aviance Capital Management
Florida
$15.1M +$8.12M +168,615 +115%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$14.7M -$3.4M -70,477 -19%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$12.8M -$817K -16,955 -6%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$11.7M +$76K +1,577 +0.7%
FAM
14
Flaharty Asset Management
Florida
$11.4M +$729K +15,127 +7%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$11M +$5.32M +110,443 +93%
3AM
16
3D Asset Management
Connecticut
$10.4M +$50.2K +1,042 +0.5%
MIFH
17
Migdal Insurance & Financial Holdings
Israel
$9.51M -$4.52M -93,898 -32%
CCA
18
Clearwater Capital Advisors
Illinois
$8.34M -$757K -15,719 -8%
TC
19
Telemus Capital
Michigan
$8.28M +$136K +2,820 +2%
HighTower Advisors
20
HighTower Advisors
Illinois
$7.84M -$120K -2,484 -1%
BTS
21
BB&T Securities
Virginia
$6.92M -$136K -2,818 -2%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$5.78M +$105K +2,169 +2%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$5.48M +$750K +15,557 +16%
BFG
24
Beacon Financial Group
Texas
$5.46M -$14.1K -292 -0.3%
SI
25
SII Investments
Wisconsin
$4.74M +$1.33M +27,644 +39%

FTSL Hedge Fund Activity: Q4 2017 in Review

142 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q4 2017, worth a combined $775M — up 1.2% from $766M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FTSL positions and 9 closed out — a net gain of 22 holders — while 53 added to existing stakes and 46 trimmed.

The largest buyer was Aviance Capital Management, adding an estimated $8.12M. The largest seller was Stifel Financial, cutting an estimated $10.4M.

  • 142 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q4 2017, up from 120 in Q3 2017.
  • Funds reported $775M of First Trust Senior Loan Fund ETF stock for Q4 2017, up 1.2% quarter-over-quarter.
  • 31 funds opened new First Trust Senior Loan Fund ETF positions in Q4 2017 and 9 closed out, a net change of +22 holders.
  • The largest First Trust Senior Loan Fund ETF buyer in Q4 2017 was Aviance Capital Management, an estimated $8.12M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q4 2017 was Stifel Financial, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2017.