iShares Floating Rate Bond ETF
FLOT
137 hedge funds and large institutions have $3.18B invested in iShares Floating Rate Bond ETF in 2013 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 64 increasing their positions, 23 reducing their positions, and 10 closing their positions.
320% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 10
178% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 23
155% more capital invested
Capital invested by funds: $1.24B → $3.18B (+$1.93B)
58% more funds holding in top 10
Funds holding in top 10: 12 → 19 (+7)
28% more funds holding
Funds holding: 107 → 137 (+30)
5.62% less ownership
Funds ownership: 65.35% → 59.73% (-5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$204M |
| 2 |
SR
Swiss Reinsurance
Zurich,
Switzerland
|
+$50.6M |
| 3 |
SMA
Simply Money Advisors
Cincinnati,
Ohio
|
+$37.6M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$30.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$15.6M |
| 2 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$13.4M |
| 3 |
LFG
LifePlan Financial Group
Dayton,
Ohio
|
-$8.59M |
| 4 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$7.04M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
First Manhattan
New York
| – | -$10K | -200 | Closed |
|
FLOT Hedge Fund Activity: Q3 2013 in Review
137 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q3 2013, worth a combined $3.18B — up 155% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FLOT positions and 10 closed out — a net gain of 32 holders — while 64 added to existing stakes and 23 trimmed.
The largest buyer was Bank of America, adding an estimated $204M. The largest seller was Goldman Sachs, cutting an estimated $15.6M.
- 137 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q3 2013, up from 107 in Q2 2013.
- Funds reported $3.18B of iShares Floating Rate Bond ETF stock for Q3 2013, up 155% quarter-over-quarter.
- 42 funds opened new iShares Floating Rate Bond ETF positions in Q3 2013 and 10 closed out, a net change of +32 holders.
- The largest iShares Floating Rate Bond ETF buyer in Q3 2013 was Bank of America, an estimated $204M added.
- The largest iShares Floating Rate Bond ETF seller in Q3 2013 was Goldman Sachs, an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2013.