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iShares Floating Rate Bond ETF

173 hedge funds and large institutions have $2.29B invested in iShares Floating Rate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 64 increasing their positions, 50 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

380% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 10

32% more funds holding in top 10

Funds holding in top 10: 1925 (+6)

28% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 50

26% more funds holding

Funds holding: 137173 (+36)

5.36% more ownership

Funds ownership: 59.73%65.1% (+5.4%)

28% less capital invested

Capital invested by funds: $3.18B → $2.29B (-$887M)

Holders
173
Holders Change
+36
Holders Change %
+26.28%
% of All Funds
5.02%
Holding in Top 10
25
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+31.58%
% of All Funds
0.73%
New
48
Increased
64
Reduced
50
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$343M +$65.1M +1,284,894 +23%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$192M +$32M +630,905 +20%
AssetMark Inc
3
AssetMark Inc
California
$155M -$8.82M -174,103 -5%
WIM
4
Windhaven Investment Management
Massachusetts
$113M -$4.04M -79,785 -3%
U
5
UBS
Switzerland
$110M +$26.3M +518,884 +32%
Ameriprise
6
Ameriprise
Minnesota
$104M -$56.4M -1,112,315 -35%
FSIM
7
F-Squared Investment Management
Massachusetts
$82.6M +$62M +1,223,918 +302%
Morgan Stanley
8
Morgan Stanley
New York
$70.2M -$952K -18,797 -1%
LPL Financial
9
LPL Financial
California
$64.6M -$6.41M -126,511 -9%
EMA
10
Efficient Market Advisors
California
$52.7M +$9.31M +183,837 +22%
SR
11
Swiss Reinsurance
Switzerland
$50.7M
BCI
12
Brinker Capital Investments
Pennsylvania
$49.8M +$3.68M +72,673 +8%
AA
13
Alesco Advisors
New York
$42.5M +$42.4M +837,161 New
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$40.5M +$10.1M +198,993 +33%
SMA
15
Simply Money Advisors
Ohio
$38.5M +$807K +15,929 +2%
Wells Fargo
16
Wells Fargo
California
$36.8M -$2.89M -57,136 -7%
SMM
17
Stadion Money Management
Georgia
$36.5M +$837K +16,518 +2%
CAM
18
Capstone Asset Management
Texas
$29.3M +$29.2M +577,000 New
DWM
19
Destination Wealth Management
California
$27.7M +$2.15M +42,411 +8%
AC
20
AFAM Capital
Texas
$27.4M -$7.49M -147,841 -22%
RBC
21
Ronald Blue & Co
Georgia
$27.1M +$26.2M +517,104 +2,973%
BFA
22
Beaumont Financial Advisors
Massachusetts
$26.9M +$2.34M +46,278 +10%
SCM
23
Saba Capital Management
New York
$24.7M +$24.7M +487,915 New
Goldman Sachs
24
Goldman Sachs
New York
$24.1M -$1.1M -21,767 -4%
DC
25
Davenport & Co
Virginia
$21.9M -$261K -5,153 -1%

FLOT Hedge Fund Activity: Q4 2013 in Review

173 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q4 2013, worth a combined $2.29B — down 28% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new FLOT positions and 10 closed out — a net gain of 38 holders — while 64 added to existing stakes and 50 trimmed.

The largest buyer was Bank of America, adding an estimated $65.1M. The largest seller was Ameriprise, cutting an estimated $56.4M.

  • 173 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q4 2013, up from 137 in Q3 2013.
  • Funds reported $2.29B of iShares Floating Rate Bond ETF stock for Q4 2013, down 28% quarter-over-quarter.
  • 48 funds opened new iShares Floating Rate Bond ETF positions in Q4 2013 and 10 closed out, a net change of +38 holders.
  • The largest iShares Floating Rate Bond ETF buyer in Q4 2013 was Bank of America, an estimated $65.1M added.
  • The largest iShares Floating Rate Bond ETF seller in Q4 2013 was Ameriprise, an estimated $56.4M sold.

Based on aggregated 13F filings for Q4 2013.