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First Trust Senior Loan Fund ETF

187 hedge funds and large institutions have $772M invested in First Trust Senior Loan Fund ETF in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 74 increasing their positions, 75 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 75

3.42% less ownership

Funds ownership: 58.34%54.93% (-3.4%)

9% less funds holding

Funds holding: 205187 (-18)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

21% less capital invested

Capital invested by funds: $983M → $772M (-$210M)

33% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 33

Holders
187
Holders Change
-18
Holders Change %
-8.78%
% of All Funds
4.12%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.18%
New
22
Increased
74
Reduced
75
Closed
33
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$157M -$11.4M -248,684 -6%
Wells Fargo
2
Wells Fargo
California
$69.1M -$11.9M -258,817 -14%
Bank of America
3
Bank of America
North Carolina
$40.2M -$5.48M -119,500 -11%
Jane Street
4
Jane Street
New York
$29.8M +$24.7M +539,007 +309%
UBS Group
5
UBS Group
Switzerland
$28.9M -$6.11M -133,219 -16%
LPL Financial
6
LPL Financial
California
$25.5M -$1.68M -36,677 -6%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$25.1M -$853K -18,598 -3%
MAP
8
Milestone Advisory Partners
North Carolina
$23.5M +$5.72M +124,745 +29%
First Trust Advisors
9
First Trust Advisors
Illinois
$21.9M +$5.33M +116,279 +29%
GFPC
10
Global Financial Private Capital
Florida
$18.7M -$1.85M -40,364 -8%
AFA
11
American Financial Advisors
Georgia
$18.1M +$4.48M +97,605 +31%
RJA
12
Raymond James & Associates
Florida
$17.4M -$893K -19,465 -4%
WF
13
Welch & Forbes
Massachusetts
$15.4M -$334K -7,286 -2%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$13.9M -$1.03M -22,401 -6%
FAM
15
Flaharty Asset Management
Florida
$11.4M +$188K +4,099 +2%
Osaic Holdings
16
Osaic Holdings
Arizona
$11M +$12M +262,424 New
TC
17
Telemus Capital
Michigan
$9.63M +$429K +9,353 +5%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$9M +$3.14M +68,357 +46%
Ensign Peak Advisors
19
Ensign Peak Advisors
Utah
$8.56M +$950K +20,700 +11%
AWM
20
AE Wealth Management
Kansas
$7.68M -$3.75M -81,835 -31%
SS
21
Simplicity Solutions
Minnesota
$7.52M -$1.77M -38,595 -18%
HighTower Advisors
22
HighTower Advisors
Illinois
$7.39M +$1.28M +27,823 +19%
EWM
23
Empirical Wealth Management
Washington
$7.3M +$4.54M +98,914 +131%
Qube Research & Technologies (QRT)
24
Qube Research & Technologies (QRT)
United Kingdom
$7.13M -$2.58M -56,134 -25%
TPW
25
TL Private Wealth
Texas
$6.38M +$1.56M +34,028 +30%

FTSL Hedge Fund Activity: Q1 2020 in Review

187 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Loan Fund ETF (FTSL) for Q1 2020, worth a combined $772M — down 21% from $983M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of FTSL and 22 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 74 added.

The largest buyer was Jane Street, adding an estimated $24.7M. The largest seller was Wells Fargo, cutting an estimated $11.9M.

  • 187 institutional investors held First Trust Senior Loan Fund ETF (FTSL) as of Q1 2020, down from 205 in Q4 2019.
  • Funds reported $772M of First Trust Senior Loan Fund ETF stock for Q1 2020, down 21% quarter-over-quarter.
  • 22 funds opened new First Trust Senior Loan Fund ETF positions in Q1 2020 and 33 closed out, a net change of -11 holders.
  • The largest First Trust Senior Loan Fund ETF buyer in Q1 2020 was Jane Street, an estimated $24.7M added.
  • The largest First Trust Senior Loan Fund ETF seller in Q1 2020 was Wells Fargo, an estimated $11.9M sold.

Based on aggregated 13F filings for Q1 2020.