State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
294 hedge funds and large institutions have $2.27B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2019 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 107 increasing their positions, 118 reducing their positions, and 36 closing their positions.
22% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 36
2% more funds holding
Funds holding: 287 → 294 (+7)
9% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 118
2.12% less ownership
Funds ownership: 57.35% → 55.23% (-2.1%)
5% less funds holding in top 10
Funds holding in top 10: 44 → 42 (-2)
7% less capital invested
Capital invested by funds: $2.45B → $2.27B (-$178M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
+$115M |
| 2 |
VBFP
Valtinson Bruner Financial Planning
New Brighton,
Minnesota
|
+$29.2M |
| 3 |
EFSCE
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
|
+$25.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$19.4M |
| 5 |
TWA
Tillar-Wenstrup Advisors
Centerville,
Ohio
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$72.3M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$48.3M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$45.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$43.4M |
| 5 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$40.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
326
Sonora Investment Management
Tucson,
Arizona
| – | -$28K | -920 | Closed |
|
|
PG
327
Patten Group
Chattanooga,
Tennessee
| – | -$12K | -400 | Closed |
|
|
MOS
328
MGO One Seven
Beachwood,
Ohio
| – | -$6K | -229 | Closed |
|
|
HI
329
Human Investing
Lake Oswego,
Oregon
| – | -$1K | -45 | Closed |
|
|
WAM
330
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -38 | Closed |
|
331
Fidelity Investments
Boston,
Massachusetts
| – | -$61 | -2 | -67% |
|
FLRN Hedge Fund Activity: Q1 2019 in Review
294 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2019, worth a combined $2.27B — down 7.3% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FLRN positions and 36 closed out — a net gain of 8 holders — while 107 added to existing stakes and 118 trimmed.
The largest buyer was Apollo Management Holdings, adding an estimated $115M. The largest seller was RiverFront Investment Group, cutting an estimated $72.3M.
- 294 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2019, up from 287 in Q4 2018.
- Funds reported $2.27B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2019, down 7.3% quarter-over-quarter.
- 44 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2019 and 36 closed out, a net change of +8 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2019 was Apollo Management Holdings, an estimated $115M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2019 was RiverFront Investment Group, an estimated $72.3M sold.
Based on aggregated 13F filings for Q1 2019.