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iShares Floating Rate Bond ETF

488 hedge funds and large institutions have $5.51B invested in iShares Floating Rate Bond ETF in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 201 increasing their positions, 194 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.45% more ownership

Funds ownership: 53.36%55.82% (+2.5%)

4% more capital invested

Capital invested by funds: $5.3B → $5.51B (+$205M)

4% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 194

6% less funds holding

Funds holding: 520488 (-32)

8% less funds holding in top 10

Funds holding in top 10: 5046 (-4)

48% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 58

Holders
488
Holders Change
-32
Holders Change %
-6.15%
% of All Funds
10.7%
Holding in Top 10
46
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-8%
% of All Funds
1.01%
New
30
Increased
201
Reduced
194
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
$843M -$90.5M -1,779,165 -10%
PP
2
Prudential plc
United Kingdom
$680M +$679M +13,341,289 New
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$256M +$9.6M +188,680 +4%
UBS Group
4
UBS Group
Switzerland
$242M +$12.2M +240,605 +5%
Morgan Stanley
5
Morgan Stanley
New York
$213M -$24.5M -482,080 -10%
Wells Fargo
6
Wells Fargo
California
$203M -$66.4M -1,305,514 -25%
AssetMark Inc
7
AssetMark Inc
California
$127M +$57.3M +1,125,595 +82%
BlackRock
8
BlackRock
New York
$121M -$74.2M -1,458,700 -38%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$107M +$1.69M +33,156 +2%
LPL Financial
10
LPL Financial
California
$107M +$1.79M +35,085 +2%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$95M +$7.45M +146,405 +9%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$94.6M -$6.9M -135,582 -7%
DC
13
Davenport & Co
Virginia
$74.8M -$1.04M -20,460 -1%
Ameriprise
14
Ameriprise
Minnesota
$73.6M -$18M -354,575 -20%
IA
15
IndexIQ Advisors
New York
$72.7M -$10.9M -215,103 -13%
US Bancorp
16
US Bancorp
Minnesota
$70.6M -$22.8M -448,304 -24%
Goldman Sachs
17
Goldman Sachs
New York
$69.8M -$11.9M -233,398 -15%
CFIA
18
Cantor Fitzgerald Investment Advisors
New York
$64.8M -$4.65M -91,449 -7%
MFM
19
MD Financial Management
Ontario, Canada
$51.1M +$13.3M +262,126 +35%
MCM
20
MV Capital Management
Maryland
$50.6M +$2.96M +58,156 +6%
RIG
21
RiverFront Investment Group
Virginia
$48.6M -$306K -6,005 -0.6%
BOTW
22
Bank of the West
California
$48.6M +$129K +2,541 +0.3%
RJA
23
Raymond James & Associates
Florida
$47.2M +$2.42M +47,628 +5%
HighTower Advisors
24
HighTower Advisors
Illinois
$47M -$3.45M -67,869 -7%
HTC
25
Haverford Trust Company
Pennsylvania
$37.1M -$370K -7,264 -1%

FLOT Hedge Fund Activity: Q3 2019 in Review

488 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q3 2019, worth a combined $5.51B — up 3.9% from $5.3B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of FLOT and 30 opened new positions — a net loss of 28 holders — while 194 trimmed existing stakes and 201 added.

The largest buyer was Prudential plc, opening a new position worth an estimated $679M. The largest seller was Bank of America, cutting an estimated $90.5M.

  • 488 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q3 2019, down from 520 in Q2 2019.
  • Funds reported $5.51B of iShares Floating Rate Bond ETF stock for Q3 2019, up 3.9% quarter-over-quarter.
  • 30 funds opened new iShares Floating Rate Bond ETF positions in Q3 2019 and 58 closed out, a net change of -28 holders.
  • The largest iShares Floating Rate Bond ETF buyer in Q3 2019 was Prudential plc, an estimated $679M added.
  • The largest iShares Floating Rate Bond ETF seller in Q3 2019 was Bank of America, an estimated $90.5M sold.

Based on aggregated 13F filings for Q3 2019.