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iShares Floating Rate Bond ETF

230 hedge funds and large institutions have $3.26B invested in iShares Floating Rate Bond ETF in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 80 increasing their positions, 81 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 17

86% more capital invested

Capital invested by funds: $1.75B → $3.26B (+$1.51B)

10% more funds holding in top 10

Funds holding in top 10: 2123 (+2)

7.8% more ownership

Funds ownership: 56.83%64.63% (+7.8%)

6% more funds holding

Funds holding: 217230 (+13)

1% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 81

Holders
230
Holders Change
+13
Holders Change %
+5.99%
% of All Funds
6.42%
Holding in Top 10
23
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.52%
% of All Funds
0.64%
New
33
Increased
80
Reduced
81
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$820M -$409K -8,093 Closed
PNC Financial Services Group
2
PNC Financial Services Group
Pennsylvania
$547M +$496M +9,812,197 +955%
Bank of America
3
Bank of America
North Carolina
$360M +$13.8M +272,044 +4%
WCM
4
Windham Capital Management
Massachusetts
$107M +$73M +1,443,710 +216%
AssetMark Inc
5
AssetMark Inc
California
$99.1M +$74.3M +1,469,618 +298%
Morgan Stanley
6
Morgan Stanley
New York
$76.1M -$3.64M -72,048 -5%
UBS Group
7
UBS Group
Switzerland
$67.7M +$12.7M +251,728 +23%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$65.3M -$4.81M -95,102 -7%
BCI
9
Brinker Capital Investments
Pennsylvania
$57.6M -$430K -8,500 -0.7%
AA
10
Alesco Advisors
New York
$54.3M +$738K +14,593 +1%
SR
11
Swiss Re
Switzerland
$50.5M
EMA
12
Efficient Market Advisors
California
$43.9M +$2.48M +49,003 +6%
Ameriprise
13
Ameriprise
Minnesota
$37.4M +$4.17M +82,434 +12%
Wells Fargo
14
Wells Fargo
California
$34.9M +$1.13M +22,342 +3%
DWM
15
Destination Wealth Management
California
$33.3M -$1.82M -35,961 -5%
MCM
16
MV Capital Management
Maryland
$32.5M +$4.67M +92,300 +17%
DC
17
Davenport & Co
Virginia
$32.2M +$955K +18,883 +3%
CAM
18
Capstone Asset Management
Texas
$29.1M
LPL Financial
19
LPL Financial
California
$27.1M -$3.02M -59,782 -10%
BOTW
20
Bank of the West
California
$26.8M +$5.13M +101,475 +24%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$26.5M -$11.7M -231,959 -31%
GAIA
22
Global Atlantic Investment Advisors
Indiana
$25.7M +$1.54M +30,412 +6%
SPL
23
Smart Portfolios LLC
Washington
$23.6M +$23.6M +467,086 New
BA
24
BlackRock Advisors
Delaware
$21.9M +$15M +295,761 +215%
DJSG
25
D.J. St. Germain
Massachusetts
$21.7M -$255K -5,046 -1%

FLOT Hedge Fund Activity: Q3 2015 in Review

230 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q3 2015, worth a combined $3.26B — up 86% from $1.75B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new FLOT positions and 17 closed out — a net gain of 16 holders — while 80 added to existing stakes and 81 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $496M. The largest seller was Stifel Financial, cutting an estimated $22.6M.

  • 230 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q3 2015, up from 217 in Q2 2015.
  • Funds reported $3.26B of iShares Floating Rate Bond ETF stock for Q3 2015, up 86% quarter-over-quarter.
  • 33 funds opened new iShares Floating Rate Bond ETF positions in Q3 2015 and 17 closed out, a net change of +16 holders.
  • The largest iShares Floating Rate Bond ETF buyer in Q3 2015 was PNC Financial Services Group, an estimated $496M added.
  • The largest iShares Floating Rate Bond ETF seller in Q3 2015 was Stifel Financial, an estimated $22.6M sold.

Based on aggregated 13F filings for Q3 2015.