XAI Floating Rate & Alternative Income Trust
XFLT
59 hedge funds and large institutions have $26.8M invested in XAI Floating Rate & Alternative Income Trust in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
27% more capital invested
Capital invested by funds: $21.2M → $26.8M (+$5.62M)
7% more funds holding
Funds holding: 55 → 59 (+4)
0.14% more ownership
Funds ownership: 1.29% → 1.44% (+0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$2.58M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$882K |
| 3 |
Walleye Capital
New York
|
+$381K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$361K |
| 5 |
PI
PFG Investments
Woodbury,
New York
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$306K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$217K |
| 3 |
CM
CastleKnight Management
New York
|
-$195K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
-$54.3K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$35.9K |
XFLT Hedge Fund Activity: Q1 2024 in Review
59 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in XAI Floating Rate & Alternative Income Trust (XFLT) for Q1 2024, worth a combined $26.8M — up 27% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new XFLT positions and 5 closed out — a net gain of 4 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Belpointe Asset Management, adding an estimated $2.58M. The largest seller was Morgan Stanley, cutting an estimated $306K.
- 59 institutional investors held XAI Floating Rate & Alternative Income Trust (XFLT) as of Q1 2024, up from 55 in Q4 2023.
- Funds reported $26.8M of XAI Floating Rate & Alternative Income Trust stock for Q1 2024, up 27% quarter-over-quarter.
- 9 funds opened new XAI Floating Rate & Alternative Income Trust positions in Q1 2024 and 5 closed out, a net change of +4 holders.
- The largest XAI Floating Rate & Alternative Income Trust buyer in Q1 2024 was Belpointe Asset Management, an estimated $2.58M added.
- The largest XAI Floating Rate & Alternative Income Trust seller in Q1 2024 was Morgan Stanley, an estimated $306K sold.
Based on aggregated 13F filings for Q1 2024.