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First Trust Senior Loan Fund ETF

174 hedge funds and large institutions have $870M invested in First Trust Senior Loan Fund ETF in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 76 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.99% more ownership

Funds ownership: 53.13%54.12% (+0.99%)

1% more capital invested

Capital invested by funds: $861M → $870M (+$8.29M)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

6% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 17

1% less funds holding

Funds holding: 176174 (-2)

24% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 76

Holders
174
Holders Change
-2
Holders Change %
-1.14%
% of All Funds
3.82%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
16
Increased
58
Reduced
76
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$166M -$1.53M -32,281 -0.9%
Wells Fargo
2
Wells Fargo
California
$84.3M -$3.86M -81,561 -4%
Bank of America
3
Bank of America
North Carolina
$47.8M -$1.13M -23,947 -2%
UBS Group
4
UBS Group
Switzerland
$40.5M -$2.51M -53,010 -6%
AFA
5
American Financial Advisors
Georgia
$32.9M +$2.04M +43,050 +7%
LPL Financial
6
LPL Financial
California
$30.6M -$445K -9,413 -1%
AIM
7
Astor Investment Management
Illinois
$28.7M +$2.77M +58,549 +11%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$27.9M +$371K +7,843 +1%
GFPC
9
Global Financial Private Capital
Florida
$24.1M +$795K +16,803 +3%
RJA
10
Raymond James & Associates
Florida
$20.5M +$698K +14,758 +4%
MAP
11
Milestone Advisory Partners
North Carolina
$19.8M +$8.77M +185,260 +79%
WF
12
Welch & Forbes
Massachusetts
$18.3M +$921K +19,461 +5%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$14.5M -$3.31M -69,924 -19%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$13.5M +$1.75M +37,044 +15%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$12.9M +$495K +10,453 +4%
FAM
16
Flaharty Asset Management
Florida
$12.3M +$12.2M +258,498 New
First Trust Advisors
17
First Trust Advisors
Illinois
$11M +$3.04M +64,338 +39%
AWM
18
AE Wealth Management
Kansas
$9.82M -$228K -4,824 -2%
TC
19
Telemus Capital
Michigan
$9.71M +$189K +3,992 +2%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$8.58M +$83.2K +1,759 +1%
SS
21
Simplicity Solutions
Minnesota
$8.2M -$64.3K -1,359 -0.8%
Stifel Financial
22
Stifel Financial
Missouri
$8.15M +$1.02M +21,628 +14%
1NWS
23
1 North Wealth Services
Maryland
$7.42M +$7.4M +156,469 New
HighTower Advisors
24
HighTower Advisors
Illinois
$7.22M -$4.34M -91,789 -38%
BFG
25
Barber Financial Group
Kansas
$7M -$316K -6,676 -4%

FTSL Hedge Fund Activity: Q3 2019 in Review

174 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q3 2019, worth a combined $870M — up 0.96% from $861M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FTSL and 16 opened new positions — a net loss of 1 holder — while 76 trimmed existing stakes and 58 added.

The largest buyer was Flaharty Asset Management, opening a new position worth an estimated $12.2M. The largest seller was LVZ Inc, cutting an estimated $16.1M.

  • 174 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q3 2019, down from 176 in Q2 2019.
  • Funds reported $870M of First Trust Senior Loan Fund ETF stock for Q3 2019, up 0.96% quarter-over-quarter.
  • 16 funds opened new First Trust Senior Loan Fund ETF positions in Q3 2019 and 17 closed out, a net change of -1 holder.
  • The largest First Trust Senior Loan Fund ETF buyer in Q3 2019 was Flaharty Asset Management, an estimated $12.2M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q3 2019 was LVZ Inc, an estimated $16.1M sold.

Based on aggregated 13F filings for Q3 2019.