XAI Floating Rate & Alternative Income Trust
XFLT
17 hedge funds and large institutions have $8.5M invested in XAI Floating Rate & Alternative Income Trust in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 7 closing their positions.
34% more capital invested
Capital invested by funds: $6.32M → $8.5M (+$2.18M)
0.48% more ownership
Funds ownership: 1.74% → 2.22% (+0.48%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
19% less funds holding
Funds holding: 21 → 17 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$1.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$302K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$187K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$20.9K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$178K |
| 2 |
Goldman Sachs
New York
|
-$163K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$60K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$32.1K |
| 5 |
LC
Lindbrook Capital
Calabasas,
California
|
-$26K |
XFLT Hedge Fund Activity: Q3 2020 in Review
17 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q3 2020, worth a combined $8.5M — up 34% from $6.32M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of XFLT and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Belpointe Asset Management, adding an estimated $1.84M. The largest seller was First Trust Advisors, exiting entirely with an estimated $178K sold.
- 17 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q3 2020, down from 21 in Q2 2020.
- Funds reported $8.5M of XAI Floating Rate & Alternative Income Trust stock for Q3 2020, up 34% quarter-over-quarter.
- 3 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q3 2020 and 7 closed out, a net change of -4 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q3 2020 was Belpointe Asset Management, an estimated $1.84M added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q3 2020 was First Trust Advisors, an estimated $178K sold.
Based on aggregated 13F filings for Q3 2020.