XAI Floating Rate & Alternative Income Trust
XFLT
21 hedge funds and large institutions have $12.2M invested in XAI Floating Rate & Alternative Income Trust in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
31% more funds holding
Funds holding: 16 → 21 (+5)
25% more capital invested
Capital invested by funds: $9.76M → $12.2M (+$2.46M)
0.1% more ownership
Funds ownership: 2.61% → 2.71% (+0.1%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$3.73M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.71M |
| 3 |
BSG
Black Swift Group
Boulder,
Colorado
|
+$318K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$249K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.26M |
| 2 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$275K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$139K |
| 4 |
Morgan Stanley
New York
|
-$42.5K |
| 5 |
BA
Bard Associates
Chicago,
Illinois
|
-$35.7K |
XFLT Hedge Fund Activity: Q4 2019 in Review
21 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q4 2019, worth a combined $12.2M — up 25% from $9.76M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new XFLT positions and 3 closed out — a net gain of 5 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Belpointe Asset Management, opening a new position worth an estimated $3.73M. The largest seller was UBS Group, cutting an estimated $2.26M.
- 21 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q4 2019, up from 16 in Q3 2019.
- Funds reported $12.2M of XAI Floating Rate & Alternative Income Trust stock for Q4 2019, up 25% quarter-over-quarter.
- 8 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q4 2019 and 3 closed out, a net change of +5 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q4 2019 was Belpointe Asset Management, an estimated $3.73M added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q4 2019 was UBS Group, an estimated $2.26M sold.
Based on aggregated 13F filings for Q4 2019.