iShares Floating Rate Bond ETF
FLOT
182 hedge funds and large institutions have $2.4B invested in iShares Floating Rate Bond ETF in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 74 increasing their positions, 64 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
16% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 64
5% more funds holding
Funds holding: 173 → 182 (+9)
5% more capital invested
Capital invested by funds: $2.29B → $2.4B (+$110M)
0% more funds holding in top 10
Funds holding in top 10: 25 → 25 (0)
0.4% less ownership
Funds ownership: 65.1% → 64.7% (-0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$90.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$18.6M |
| 3 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$18.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.3M |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$9.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$24.1M |
| 2 |
Goldman Sachs
New York
|
-$23.3M |
| 3 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
-$21.6M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$14.7M |
| 5 |
LI
LVZ Inc
Holland,
Michigan
|
-$11.4M |
FLOT Hedge Fund Activity: Q1 2014 in Review
182 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q1 2014, worth a combined $2.4B — up 4.8% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FLOT positions and 20 closed out — a net gain of 9 holders — while 74 added to existing stakes and 64 trimmed.
The largest buyer was Ameriprise, adding an estimated $90.6M. The largest seller was Saba Capital Management, cutting an estimated $24.1M.
- 182 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q1 2014, up from 173 in Q4 2013.
- Funds reported $2.4B of iShares Floating Rate Bond ETF stock for Q1 2014, up 4.8% quarter-over-quarter.
- 29 funds opened new iShares Floating Rate Bond ETF positions in Q1 2014 and 20 closed out, a net change of +9 holders.
- The largest iShares Floating Rate Bond ETF buyer in Q1 2014 was Ameriprise, an estimated $90.6M added.
- The largest iShares Floating Rate Bond ETF seller in Q1 2014 was Saba Capital Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2014.