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First Trust Senior Loan Fund ETF

176 hedge funds and large institutions have $861M invested in First Trust Senior Loan Fund ETF in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 70 increasing their positions, 64 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

9% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 64

5% more capital invested

Capital invested by funds: $824M → $861M (+$37.7M)

0.75% more ownership

Funds ownership: 52.39%53.13% (+0.75%)

3% less funds holding

Funds holding: 181176 (-5)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

Holders
176
Holders Change
-5
Holders Change %
-2.76%
% of All Funds
3.82%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.15%
New
18
Increased
70
Reduced
64
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$167M +$8.13M +170,875 +5%
Wells Fargo
2
Wells Fargo
California
$87.6M +$490K +10,304 +0.6%
Bank of America
3
Bank of America
North Carolina
$48.6M -$7.17M -150,713 -13%
UBS Group
4
UBS Group
Switzerland
$42.7M +$1.59M +33,363 +4%
LPL Financial
5
LPL Financial
California
$30.8M +$1.8M +37,838 +6%
AFA
6
American Financial Advisors
Georgia
$30.7M +$2.94M +61,768 +10%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$27.3M -$3.14M -66,009 -10%
AIM
8
Astor Investment Management
Illinois
$25.8M +$406K +8,542 +2%
GFPC
9
Global Financial Private Capital
Florida
$23.1M -$1.91M -40,138 -8%
RJA
10
Raymond James & Associates
Florida
$19.7M +$4.98M +104,576 +33%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$17.7M -$927K -19,472 -5%
LI
12
LVZ Inc
Michigan
$17.3M +$346K +7,280 +2%
WF
13
Welch & Forbes
Massachusetts
$17.3M -$232K -4,868 -1%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$12.3M +$1.69M +35,566 +16%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$11.7M +$4.63M +97,309 +65%
HighTower Advisors
16
HighTower Advisors
Illinois
$11.5M +$848K +17,823 +8%
MAP
17
Milestone Advisory Partners
North Carolina
$11M +$719K +15,117 +7%
AWM
18
AE Wealth Management
Kansas
$9.99M +$5.15M +108,256 +104%
TC
19
Telemus Capital
Michigan
$9.53M +$758K +15,925 +9%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$8.46M -$127K -2,660 -1%
SS
21
Simplicity Solutions
Minnesota
$8.21M +$3.53M +74,228 +74%
First Trust Advisors
22
First Trust Advisors
Illinois
$7.86M -$5.53M -116,159 -41%
OMC
23
Old Mission Capital
Illinois
$7.46M +$7.28M +153,077 +2,951%
BFG
24
Barber Financial Group
Kansas
$7.28M +$235K +4,929 +3%
Stifel Financial
25
Stifel Financial
Missouri
$7.08M +$678K +14,246 +10%

FTSL Hedge Fund Activity: Q2 2019 in Review

176 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q2 2019, worth a combined $861M — up 4.6% from $824M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FTSL positions and 16 closed out — a net gain of 2 holders — while 70 added to existing stakes and 64 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $8.13M. The largest seller was Bank of America, cutting an estimated $7.17M.

  • 176 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q2 2019, down from 181 in Q1 2019.
  • Funds reported $861M of First Trust Senior Loan Fund ETF stock for Q2 2019, up 4.6% quarter-over-quarter.
  • 18 funds opened new First Trust Senior Loan Fund ETF positions in Q2 2019 and 16 closed out, a net change of +2 holders.
  • The largest First Trust Senior Loan Fund ETF buyer in Q2 2019 was Morgan Stanley, an estimated $8.13M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q2 2019 was Bank of America, an estimated $7.17M sold.

Based on aggregated 13F filings for Q2 2019.