State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
296 hedge funds and large institutions have $2.41B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 131 increasing their positions, 102 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
28% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 102
6% more capital invested
Capital invested by funds: $2.27B → $2.41B (+$141M)
3.69% more ownership
Funds ownership: 55.23% → 58.92% (+3.7%)
1% more funds holding
Funds holding: 294 → 296 (+2)
14% less funds holding in top 10
Funds holding in top 10: 42 → 36 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$71.6M |
| 2 |
Jane Street
New York
|
+$48.8M |
| 3 |
AssetMark Inc
Concord,
California
|
+$42.8M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$32.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$20.5M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$17.9M |
| 3 |
CPO
Cerity Partners OCIO
New York
|
-$16.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$12M |
FLRN Hedge Fund Activity: Q2 2019 in Review
296 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q2 2019, worth a combined $2.41B — up 6.2% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FLRN positions and 24 closed out — a net gain of 9 holders — while 131 added to existing stakes and 102 trimmed.
The largest buyer was Merit Financial Group, adding an estimated $71.6M. The largest seller was Rainey & Randall Wealth Advisors, exiting entirely with an estimated $20.5M sold.
- 296 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q2 2019, up from 294 in Q1 2019.
- Funds reported $2.41B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q2 2019, up 6.2% quarter-over-quarter.
- 33 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q2 2019 and 24 closed out, a net change of +9 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q2 2019 was Merit Financial Group, an estimated $71.6M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q2 2019 was Rainey & Randall Wealth Advisors, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2019.