XAI Floating Rate & Alternative Income Trust
XFLT
14 hedge funds and large institutions have $9.96M invested in XAI Floating Rate & Alternative Income Trust in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0.5% less ownership
Funds ownership: 3.1% → 2.6% (-0.5%)
11% less capital invested
Capital invested by funds: $11.2M → $9.96M (-$1.29M)
13% less funds holding
Funds holding: 16 → 14 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$134K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$99.4K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$35.2K |
| 4 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$21.6K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$18.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.35M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$448K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$149K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$104K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$97K |
XFLT Hedge Fund Activity: Q2 2019 in Review
14 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q2 2019, worth a combined $9.96M — down 11% from $11.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of XFLT and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was First Trust Advisors, adding an estimated $134K. The largest seller was UBS Group, cutting an estimated $1.35M.
- 14 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q2 2019, down from 16 in Q1 2019.
- Funds reported $9.96M of XAI Floating Rate & Alternative Income Trust stock for Q2 2019, down 11% quarter-over-quarter.
- 2 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q2 2019 and 4 closed out, a net change of -2 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q2 2019 was First Trust Advisors, an estimated $134K added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q2 2019 was UBS Group, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2019.