iShares Floating Rate Bond ETF
FLOT
230 hedge funds and large institutions have $1.88B invested in iShares Floating Rate Bond ETF in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 70 increasing their positions, 107 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
2% more funds holding
Funds holding: 226 → 230 (+4)
5.45% less ownership
Funds ownership: 72.18% → 66.73% (-5.5%)
13% less funds holding in top 10
Funds holding in top 10: 23 → 20 (-3)
23% less capital invested
Capital invested by funds: $2.44B → $1.88B (-$566M)
35% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DeGreen Capital Management
Scottsdale,
Arizona
|
+$92.4M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$12.1M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$9.64M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.88M |
| 5 |
AA
Alesco Advisors
Pittsford,
New York
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$354M |
| 2 |
AssetMark Inc
Concord,
California
|
-$34.4M |
| 3 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$24.4M |
| 4 |
SMA
Simply Money Advisors
Cincinnati,
Ohio
|
-$21.5M |
| 5 |
LPL Financial
San Diego,
California
|
-$18.8M |
FLOT Hedge Fund Activity: Q2 2016 in Review
230 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q2 2016, worth a combined $1.88B — down 23% from $2.44B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FLOT positions and 17 closed out — a net gain of 7 holders — while 70 added to existing stakes and 107 trimmed.
The largest buyer was DeGreen Capital Management, adding an estimated $92.4M. The largest seller was PNC Financial Services Group, cutting an estimated $354M.
- 230 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q2 2016, up from 226 in Q1 2016.
- Funds reported $1.88B of iShares Floating Rate Bond ETF stock for Q2 2016, down 23% quarter-over-quarter.
- 24 funds opened new iShares Floating Rate Bond ETF positions in Q2 2016 and 17 closed out, a net change of +7 holders.
- The largest iShares Floating Rate Bond ETF buyer in Q2 2016 was DeGreen Capital Management, an estimated $92.4M added.
- The largest iShares Floating Rate Bond ETF seller in Q2 2016 was PNC Financial Services Group, an estimated $354M sold.
Based on aggregated 13F filings for Q2 2016.