Highland/iBoxx Senior Loan ETF
SNLN
SNLN was delisted on the 15th of September, 2023.
18 hedge funds and large institutions have $7.4M invested in Highland/iBoxx Senior Loan ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 8 closing their positions.
1% less capital invested
Capital invested by funds: $7.45M → $7.4M (-$55.5K)
25% less funds holding
Funds holding: 24 → 18 (-6)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.71M |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$290K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14.4K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.64K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$663K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$312K |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$293K |
| 4 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$228K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$173K |
SNLN Hedge Fund Activity: Q2 2023 in Review
18 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Highland/iBoxx Senior Loan ETF (SNLN) for Q2 2023, worth a combined $7.4M — down 0.74% from $7.45M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SNLN and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, adding an estimated $1.71M. The largest seller was Jane Street, cutting an estimated $663K.
- 18 institutional investors held Highland/iBoxx Senior Loan ETF (SNLN) as of Q2 2023, down from 24 in Q1 2023.
- Funds reported $7.4M of Highland/iBoxx Senior Loan ETF stock for Q2 2023, down 0.74% quarter-over-quarter.
- 3 funds opened new Highland/iBoxx Senior Loan ETF positions in Q2 2023 and 8 closed out, a net change of -5 holders.
- The largest Highland/iBoxx Senior Loan ETF buyer in Q2 2023 was LPL Financial, an estimated $1.71M added.
- The largest Highland/iBoxx Senior Loan ETF seller in Q2 2023 was Jane Street, an estimated $663K sold.
Based on aggregated 13F filings for Q2 2023.