XAI Floating Rate & Alternative Income Trust
XFLT
34 hedge funds and large institutions have $14.3M invested in XAI Floating Rate & Alternative Income Trust in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $12M → $14.3M (+$2.39M)
13% more funds holding
Funds holding: 30 → 34 (+4)
0.17% more ownership
Funds ownership: 1.47% → 1.64% (+0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$723K |
| 2 |
LPL Financial
San Diego,
California
|
+$587K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$330K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$245K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$554K |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$492K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$107K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$84.8K |
| 5 |
BSG
Black Swift Group
Boulder,
Colorado
|
-$33K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
26
Newbridge Financial Services Group
Boca Raton,
Florida
| $48K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $29K | – | – | – |
|
|
DOA
28
D'Orazio & Associates
Falls Church,
Virginia
| $23K | +$21.9K | +490 | New |
|
|
TWM
29
Tradition Wealth Management
Edina,
Minnesota
| $21K | +$179 | +4 | +0.9% |
|
|
FWM
30
Focused Wealth Management
Newburgh,
New York
| $11K | +$268 | +6 | +3% |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $9K | – | – | – |
|
|
AA
32
AlphaMark Advisors
Ft. Wright,
Kentucky
| $2K | – | – | – |
|
|
HFS
33
Horizon Financial Services
Winston Salem,
North Carolina
| $2K | +$893 | +20 | +100% |
|
|
CC
34
Claybrook Capital
Wellesley,
Massachusetts
| – | -$554K | -12,202 | Closed |
|
|
35
Citadel Advisors
Miami,
Florida
| – | -$107K | -2,354 | Closed |
|
|
BSG
36
Black Swift Group
Boulder,
Colorado
| – | -$33K | -725 | Closed |
|
|
PAM
37
Panagora Asset Management
Boston,
Massachusetts
| – | -$357 | -8 | -57% |
|
XFLT Hedge Fund Activity: Q2 2021 in Review
34 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q2 2021, worth a combined $14.3M — up 20% from $12M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new XFLT positions and 3 closed out — a net gain of 4 holders — while 15 added to existing stakes and 6 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $723K. The largest seller was Claybrook Capital, exiting entirely with an estimated $554K sold.
- 34 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q2 2021, up from 30 in Q1 2021.
- Funds reported $14.3M of XAI Floating Rate & Alternative Income Trust stock for Q2 2021, up 20% quarter-over-quarter.
- 7 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q2 2021 and 3 closed out, a net change of +4 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q2 2021 was PNC Financial Services Group, an estimated $723K added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q2 2021 was Claybrook Capital, an estimated $554K sold.
Based on aggregated 13F filings for Q2 2021.