XAI Floating Rate & Alternative Income Trust
XFLT
12 hedge funds and large institutions have $9.89M invested in XAI Floating Rate & Alternative Income Trust in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
50% more capital invested
Capital invested by funds: $6.58M → $9.89M (+$3.31M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more funds holding
Funds holding: 11 → 12 (+1)
1.07% more ownership
Funds ownership: 1.92% → 2.98% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.61M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.55M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$213K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$137K |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$100K |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
-$55.4K |
| 3 |
Morgan Stanley
New York
|
-$27K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$14.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
UBS Group
Zurich,
Switzerland
| $1.99M | -$14.5K | -314 | -0.7% |
|
|
LCM
2
Laurion Capital Management
New York
| $1.84M | +$1.55M | +33,641 | +512% |
|
|
BA
3
Bard Associates
Chicago,
Illinois
| $1.82M | +$44.3K | +960 | +2% |
|
|
SFS
4
Shaker Financial Services
Arlington,
Virginia
| $1.7M | +$1.61M | +34,987 | +1,548% |
|
|
BRWA
5
B. Riley Wealth Advisors
Boca Raton,
Florida
| $1.3M | +$137K | +2,963 | +12% |
|
|
6
US Bancorp
Minneapolis,
Minnesota
| $402K | -$55.4K | -1,200 | -12% |
|
|
CHAM
7
Clear Harbor Asset Management
Stamford,
Connecticut
| $292K | +$93K | +2,016 | +46% |
|
|
8
First Trust Advisors
Wheaton,
Illinois
| $210K | +$213K | +4,606 | New |
|
|
WS
9
Wedbush Securities
Los Angeles,
California
| $133K | +$4.61K | +100 | +4% |
|
10
Stifel Financial
St. Louis,
Missouri
| $113K | +$19.9K | +432 | +21% |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| $51K | +$51.9K | +1,125 | New |
|
12
Bank of America
Charlotte,
North Carolina
| $27K | +$27.7K | +600 | New |
|
|
13
Citadel Advisors
Miami,
Florida
| – | -$100K | -2,114 | Closed |
|
|
14
Morgan Stanley
New York
| – | -$27K | -575 | Closed |
|
XFLT Hedge Fund Activity: Q2 2018 in Review
12 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q2 2018, worth a combined $9.89M — up 50% from $6.58M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new XFLT positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.61M. The largest seller was Citadel Advisors, exiting entirely with an estimated $100K sold.
- 12 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q2 2018, up from 11 in Q1 2018.
- Funds reported $9.89M of XAI Floating Rate & Alternative Income Trust stock for Q2 2018, up 50% quarter-over-quarter.
- 3 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q2 2018 and 2 closed out, a net change of +1 holder.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q2 2018 was Shaker Financial Services, an estimated $1.61M added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q2 2018 was Citadel Advisors, an estimated $100K sold.
Based on aggregated 13F filings for Q2 2018.