XAI Floating Rate & Alternative Income Trust
XFLT
30 hedge funds and large institutions have $12M invested in XAI Floating Rate & Alternative Income Trust in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
50% more funds holding
Funds holding: 20 → 30 (+10)
40% more capital invested
Capital invested by funds: $8.55M → $12M (+$3.41M)
0.2% less ownership
Funds ownership: 1.68% → 1.47% (-0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$903K |
| 2 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$518K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$424K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$413K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$1.75M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$258K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$27K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$13.4K |
| 5 |
DA
DCM Advisors
New York
|
-$10.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $10K | +$255 | +6 | +3% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $9K | +$8.28K | +195 | New |
|
|
AA
28
AlphaMark Advisors
Ft. Wright,
Kentucky
| $2K | +$1.7K | +40 | New |
|
|
PAM
29
Panagora Asset Management
Boston,
Massachusetts
| $1K | +$594 | +14 | New |
|
|
HFS
30
Horizon Financial Services
Winston Salem,
North Carolina
| $1K | +$849 | +20 | New |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| – | -$27K | -717 | Closed |
|
|
VFA
32
Valeo Financial Advisors
Carmel,
Indiana
| – | -$2K | -48 | Closed |
|
XFLT Hedge Fund Activity: Q1 2021 in Review
30 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q1 2021, worth a combined $12M — up 40% from $8.55M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new XFLT positions and 3 closed out — a net gain of 10 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $903K. The largest seller was Belpointe Asset Management, cutting an estimated $1.75M.
- 30 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q1 2021, up from 20 in Q4 2020.
- Funds reported $12M of XAI Floating Rate & Alternative Income Trust stock for Q1 2021, up 40% quarter-over-quarter.
- 13 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q1 2021 and 3 closed out, a net change of +10 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q1 2021 was LPL Financial, an estimated $903K added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q1 2021 was Belpointe Asset Management, an estimated $1.75M sold.
Based on aggregated 13F filings for Q1 2021.