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iShares Floating Rate Bond ETF

611 hedge funds and large institutions have $4.88B invested in iShares Floating Rate Bond ETF in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 199 increasing their positions, 280 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 637611 (-26)

5.01% less ownership

Funds ownership: 72.4%67.39% (-5%)

7% less funds holding in top 10

Funds holding in top 10: 4542 (-3)

12% less capital invested

Capital invested by funds: $5.54B → $4.88B (-$654M)

24% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 75

29% less repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 280

Holders
611
Holders Change
-26
Holders Change %
-4.08%
% of All Funds
9.59%
Holding in Top 10
42
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-6.67%
% of All Funds
0.66%
New
57
Increased
199
Reduced
280
Closed
75
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
$457M -$81.7M -1,617,102 -15%
BlackRock
2
BlackRock
New York
$350M -$22.5M -444,623 -6%
Morgan Stanley
3
Morgan Stanley
New York
$223M -$28M -553,160 -11%
Franklin Resources
4
Franklin Resources
California
$189M +$6.67M +131,995 +4%
UBS Group
5
UBS Group
Switzerland
$172M +$8.07M +159,694 +5%
NYLIM
6
New York Life Investment Management
New York
$168M +$136M +2,681,989 +435%
LPL Financial
7
LPL Financial
California
$151M -$17.2M -341,223 -10%
Northern Trust
8
Northern Trust
Illinois
$151M +$20.9M +414,294 +16%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$146M +$37.8M +748,686 +35%
Wells Fargo
10
Wells Fargo
California
$117M -$5.06M -100,193 -4%
AssetMark Inc
11
AssetMark Inc
California
$112M +$49.7M +983,167 +81%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$101M -$52.3M -1,034,713 -34%
GT
13
Glenview Trust
Kentucky
$87M -$4.19M -82,991 -5%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$76M -$8.17M -161,602 -10%
DC
15
Davenport & Co
Virginia
$71.8M -$28M -554,658 -28%
Ameriprise
16
Ameriprise
Minnesota
$59.6M -$7.42M -146,773 -11%
AWMS
17
Advocacy Wealth Management Services
Georgia
$56.8M +$3.75M +74,109 +7%
HTC
18
Haverford Trust Company
Pennsylvania
$53.3M -$173K -3,425 -0.3%
B
19
Barings
North Carolina
$52.4M -$7.84M -155,140 -13%
Osaic Holdings
20
Osaic Holdings
Arizona
$49.3M -$22.5M -444,389 -31%
BCM
21
BlueCrest Capital Management
Jersey
$46.6M +$41.6M +822,391 +877%
Truist Financial
22
Truist Financial
North Carolina
$44.2M -$1.35M -26,631 -3%
MWM
23
Modera Wealth Management
New Jersey
$43.2M +$43M +850,105 New
HSBC Holdings
24
HSBC Holdings
United Kingdom
$41.9M -$1.54M -30,475 -4%
DFG
25
Demars Financial Group
Washington
$41.5M +$365K +7,229 +0.9%

FLOT Hedge Fund Activity: Q2 2023 in Review

611 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares Floating Rate Bond ETF (FLOT) for Q2 2023, worth a combined $4.88B — down 12% from $5.54B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of FLOT and 57 opened new positions — a net loss of 18 holders — while 280 trimmed existing stakes and 199 added.

The largest buyer was New York Life Investment Management, adding an estimated $136M. The largest seller was Jane Street, cutting an estimated $652M.

  • 611 institutional investors held iShares Floating Rate Bond ETF (FLOT) as of Q2 2023, down from 637 in Q1 2023.
  • Funds reported $4.88B of iShares Floating Rate Bond ETF stock for Q2 2023, down 12% quarter-over-quarter.
  • 57 funds opened new iShares Floating Rate Bond ETF positions in Q2 2023 and 75 closed out, a net change of -18 holders.
  • The largest iShares Floating Rate Bond ETF buyer in Q2 2023 was New York Life Investment Management, an estimated $136M added.
  • The largest iShares Floating Rate Bond ETF seller in Q2 2023 was Jane Street, an estimated $652M sold.

Based on aggregated 13F filings for Q2 2023.