iShares Floating Rate Bond ETF
FLOT
308 hedge funds and large institutions have $2.63B invested in iShares Floating Rate Bond ETF in 2017 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 138 increasing their positions, 62 reducing their positions, and 18 closing their positions.
256% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 18
123% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 62
28% more capital invested
Capital invested by funds: $2.06B → $2.63B (+$575M)
28% more funds holding in top 10
Funds holding in top 10: 18 → 23 (+5)
16% more funds holding
Funds holding: 266 → 308 (+42)
2.42% less ownership
Funds ownership: 51.83% → 49.41% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$77.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$69.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$49.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$41.9M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$57.4M |
| 2 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$23M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$13.4M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.98M |
| 5 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
-$8.79M |
FLOT Hedge Fund Activity: Q1 2017 in Review
308 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q1 2017, worth a combined $2.63B — up 28% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new FLOT positions and 18 closed out — a net gain of 46 holders — while 138 added to existing stakes and 62 trimmed.
The largest buyer was Bank of America, adding an estimated $77.8M. The largest seller was AssetMark Inc, cutting an estimated $57.4M.
- 308 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q1 2017, up from 266 in Q4 2016.
- Funds reported $2.63B of iShares Floating Rate Bond ETF stock for Q1 2017, up 28% quarter-over-quarter.
- 64 funds opened new iShares Floating Rate Bond ETF positions in Q1 2017 and 18 closed out, a net change of +46 holders.
- The largest iShares Floating Rate Bond ETF buyer in Q1 2017 was Bank of America, an estimated $77.8M added.
- The largest iShares Floating Rate Bond ETF seller in Q1 2017 was AssetMark Inc, an estimated $57.4M sold.
Based on aggregated 13F filings for Q1 2017.