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iShares Floating Rate Bond ETF

520 hedge funds and large institutions have $5.3B invested in iShares Floating Rate Bond ETF in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 189 increasing their positions, 225 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.82% less ownership

Funds ownership: 54.19%53.36% (-0.82%)

5% less funds holding

Funds holding: 547520 (-27)

7% less capital invested

Capital invested by funds: $5.68B → $5.3B (-$376M)

15% less funds holding in top 10

Funds holding in top 10: 5950 (-9)

16% less repeat investments, than reductions

Existing positions increased: 189 | Existing positions reduced: 225

29% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 58

Holders
520
Holders Change
-27
Holders Change %
-4.94%
% of All Funds
11.29%
Holding in Top 10
50
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-15.25%
% of All Funds
1.09%
New
41
Increased
189
Reduced
225
Closed
58
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
$933M -$104M -2,051,628 -10%
Wells Fargo
2
Wells Fargo
California
$269M -$37.7M -740,151 -12%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$246M +$11.6M +227,212 +5%
Morgan Stanley
4
Morgan Stanley
New York
$238M -$48.3M -949,887 -17%
UBS Group
5
UBS Group
Switzerland
$229M -$7.67M -150,685 -3%
BlackRock
6
BlackRock
New York
$195M +$87.1M +1,712,448 +81%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$105M +$105M +2,061,222 +91,691%
LPL Financial
8
LPL Financial
California
$105M +$16.3M +321,295 +19%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$101M -$12.7M -248,742 -11%
US Bancorp
10
US Bancorp
Minnesota
$93.4M -$27.7M -545,222 -23%
Ameriprise
11
Ameriprise
Minnesota
$91.8M -$57M -1,119,635 -38%
UCFA
12
United Capital Financial Advisors
Texas
$91.5M +$2.51M +49,371 +3%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$87.5M -$4.39M -86,353 -5%
IA
14
IndexIQ Advisors
New York
$83.6M +$19.3M +379,712 +30%
Goldman Sachs
15
Goldman Sachs
New York
$81.6M +$7.98M +156,778 +11%
DC
16
Davenport & Co
Virginia
$75.8M -$3.01M -59,157 -4%
AssetMark Inc
17
AssetMark Inc
California
$69.8M +$5.33M +104,789 +8%
CFIA
18
Cantor Fitzgerald Investment Advisors
New York
$69.4M -$2.03M -39,934 -3%
HighTower Advisors
19
HighTower Advisors
Illinois
$50.4M +$26.3M +517,219 +109%
RIG
20
RiverFront Investment Group
Virginia
$48.9M -$1.09M -21,360 -2%
BOTW
21
Bank of the West
California
$48.4M -$3.8M -74,715 -7%
MCM
22
MV Capital Management
Maryland
$47.6M +$4.11M +80,875 +9%
RJA
23
Raymond James & Associates
Florida
$44.7M -$19.5M -383,819 -30%
PI
24
PineBridge Investments
New York
$38.3M
MFM
25
MD Financial Management
Ontario, Canada
$37.7M +$37.6M +739,695 New

FLOT Hedge Fund Activity: Q2 2019 in Review

520 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q2 2019, worth a combined $5.3B — down 6.6% from $5.68B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of FLOT and 41 opened new positions — a net loss of 17 holders — while 225 trimmed existing stakes and 189 added.

The largest buyer was Fidelity Investments, adding an estimated $105M. The largest seller was Bank of America, cutting an estimated $104M.

  • 520 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q2 2019, down from 547 in Q1 2019.
  • Funds reported $5.3B of iShares Floating Rate Bond ETF stock for Q2 2019, down 6.6% quarter-over-quarter.
  • 41 funds opened new iShares Floating Rate Bond ETF positions in Q2 2019 and 58 closed out, a net change of -17 holders.
  • The largest iShares Floating Rate Bond ETF buyer in Q2 2019 was Fidelity Investments, an estimated $105M added.
  • The largest iShares Floating Rate Bond ETF seller in Q2 2019 was Bank of America, an estimated $104M sold.

Based on aggregated 13F filings for Q2 2019.