State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
274 hedge funds and large institutions have $1.5B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 99 increasing their positions, 105 reducing their positions, and 28 closing their positions.
5% more funds holding in top 10
Funds holding in top 10: 20 → 21 (+1)
3% less capital invested
Capital invested by funds: $1.55B → $1.5B (-$51.2M)
6% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 105
2.17% less ownership
Funds ownership: 66% → 63.83% (-2.2%)
3% less funds holding
Funds holding: 282 → 274 (-8)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$15.8M |
| 2 |
Morgan Stanley
New York
|
+$12.4M |
| 3 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$9.7M |
| 4 |
AA
Alesco Advisors
Pittsford,
New York
|
+$8.74M |
| 5 |
WCA
Westover Capital Advisors
Wilmington,
Delaware
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$21.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.1M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$18M |
| 4 |
MA
MCF Advisors
Covington,
Kentucky
|
-$15.2M |
| 5 |
IA
IndexIQ Advisors
New York
|
-$13.7M |
FLRN Hedge Fund Activity: Q1 2021 in Review
274 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2021, worth a combined $1.5B — down 3.3% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FLRN and 24 opened new positions — a net loss of 4 holders — while 105 trimmed existing stakes and 99 added.
The largest buyer was LPL Financial, adding an estimated $15.8M. The largest seller was Wells Fargo, cutting an estimated $21.6M.
- 274 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2021, down from 282 in Q4 2020.
- Funds reported $1.5B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2021, down 3.3% quarter-over-quarter.
- 24 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2021 and 28 closed out, a net change of -4 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2021 was LPL Financial, an estimated $15.8M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2021 was Wells Fargo, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2021.