XAI Floating Rate & Alternative Income Trust
XFLT
21 hedge funds and large institutions have $6.32M invested in XAI Floating Rate & Alternative Income Trust in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.
0.89% less ownership
Funds ownership: 2.63% → 1.74% (-0.89%)
6% less capital invested
Capital invested by funds: $6.73M → $6.32M (-$415K)
13% less funds holding
Funds holding: 24 → 21 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$159K |
| 2 |
Goldman Sachs
New York
|
+$29.6K |
| 3 |
LC
Lindbrook Capital
Calabasas,
California
|
+$13.9K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.97K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$612K |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$488K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$331K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$231K |
| 5 |
BSG
Black Swift Group
Boulder,
Colorado
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
26
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$12K | -555 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$1K | -40 | Closed |
|
28
Fidelity Investments
Boston,
Massachusetts
| – | +$25 | +1 | New |
|
XFLT Hedge Fund Activity: Q2 2020 in Review
21 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q2 2020, worth a combined $6.32M — down 6.2% from $6.73M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of XFLT and 4 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was UBS Group, adding an estimated $159K. The largest seller was Matisse Capital, exiting entirely with an estimated $612K sold.
- 21 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q2 2020, down from 24 in Q1 2020.
- Funds reported $6.32M of XAI Floating Rate & Alternative Income Trust stock for Q2 2020, down 6.2% quarter-over-quarter.
- 4 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q2 2020 and 7 closed out, a net change of -3 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q2 2020 was UBS Group, an estimated $159K added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q2 2020 was Matisse Capital, an estimated $612K sold.
Based on aggregated 13F filings for Q2 2020.