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First Trust Senior Loan Fund ETF

159 hedge funds and large institutions have $892M invested in First Trust Senior Loan Fund ETF in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 33 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 33

85% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 13

6% more capital invested

Capital invested by funds: $839M → $892M (+$53M)

6% more funds holding

Funds holding: 150159 (+9)

0.47% more ownership

Funds ownership: 57.81%58.28% (+0.47%)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

Holders
159
Holders Change
+9
Holders Change %
+6%
% of All Funds
3.64%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
24
Increased
77
Reduced
33
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$163M +$12.9M +268,227 +9%
RIG
2
RiverFront Investment Group
Virginia
$93.9M +$290K +6,033 +0.3%
Wells Fargo
3
Wells Fargo
California
$72.1M +$13.8M +287,602 +24%
Bank of America
4
Bank of America
North Carolina
$53.8M +$10.5M +217,301 +24%
UBS Group
5
UBS Group
Switzerland
$46.1M +$2.13M +44,220 +5%
RJA
6
Raymond James & Associates
Florida
$38.8M +$2.52M +52,466 +7%
MAP
7
Milestone Advisory Partners
North Carolina
$29.3M -$689K -14,334 -2%
LPL Financial
8
LPL Financial
California
$26.6M +$723K +15,033 +3%
WF
9
Welch & Forbes
Massachusetts
$19.2M +$1.4M +29,142 +8%
First Trust Advisors
10
First Trust Advisors
Illinois
$17.4M +$5.55M +115,508 +47%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$17M +$209K +4,345 +1%
HI
12
Horizon Investments
North Carolina
$15.8M -$6.2M -128,904 -28%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$15.2M +$1.05M +21,927 +7%
ACM
14
Aviance Capital Management
Florida
$13.1M -$2.18M -45,407 -14%
BTS
15
BB&T Securities
Virginia
$12.9M +$5.58M +116,017 +75%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$12.6M +$791K +16,457 +7%
LI
17
LVZ Inc
Michigan
$11.8M +$12.5M +260,207 +1,093%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$11.5M +$647K +13,447 +6%
3AM
19
3D Asset Management
Connecticut
$10.7M +$51K +1,060 +0.5%
JIP
20
Jaffetilchin Investment Partners
Florida
$10.2M +$111K +2,315 +1%
HighTower Advisors
21
HighTower Advisors
Illinois
$9.09M +$1.1M +22,778 +14%
TC
22
Telemus Capital
Michigan
$8.77M +$305K +6,334 +4%
CWM
23
Cornerstone Wealth Management
Missouri
$8.7M +$19.5M +406,008 +4,190%
CCA
24
Clearwater Capital Advisors
Illinois
$8.7M +$131K +2,722 +2%
BFG
25
Beacon Financial Group
Texas
$6.23M +$32.6K +677 +0.5%

FTSL Hedge Fund Activity: Q2 2018 in Review

159 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q2 2018, worth a combined $892M — up 6.3% from $839M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FTSL positions and 13 closed out — a net gain of 11 holders — while 77 added to existing stakes and 33 trimmed.

The largest buyer was Cornerstone Wealth Management, adding an estimated $19.5M. The largest seller was Transamerica Financial Advisors, exiting entirely with an estimated $11.2M sold.

  • 159 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q2 2018, up from 150 in Q1 2018.
  • Funds reported $892M of First Trust Senior Loan Fund ETF stock for Q2 2018, up 6.3% quarter-over-quarter.
  • 24 funds opened new First Trust Senior Loan Fund ETF positions in Q2 2018 and 13 closed out, a net change of +11 holders.
  • The largest First Trust Senior Loan Fund ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $19.5M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q2 2018 was Transamerica Financial Advisors, an estimated $11.2M sold.

Based on aggregated 13F filings for Q2 2018.