State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
314 hedge funds and large institutions have $1.7B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 105 increasing their positions, 126 reducing their positions, and 36 closing their positions.
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
0% more call options, than puts
Call options by funds: $845K | Put options by funds: $842K
1.75% less ownership
Funds ownership: 73.05% → 71.3% (-1.7%)
3% less funds holding
Funds holding: 323 → 314 (-9)
7% less capital invested
Capital invested by funds: $1.83B → $1.7B (-$128M)
11% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 36
17% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 126
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
+$20.9M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
+$20.1M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$15.3M |
| 4 |
FAG
Fortitude Advisory Group
Gig Harbor,
Washington
|
+$14.8M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$98.6M |
| 2 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$68.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.2M |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$9.15M |
| 5 |
AA
Addison Advisors
Middlebury,
Vermont
|
-$4.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
BlackRock
New York
| – | -$1.26K | -41 | Closed |
|
|
CAS
352
Coppell Advisory Solutions
Coppell,
Texas
| – | -$368 | -12 | Closed |
|
FLRN Hedge Fund Activity: Q3 2023 in Review
314 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2023, worth a combined $1.7B — down 7% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FLRN and 32 opened new positions — a net loss of 4 holders — while 126 trimmed existing stakes and 105 added.
The largest buyer was Donoghue Forlines, opening a new position worth an estimated $20.9M. The largest seller was Ameriprise, cutting an estimated $98.6M.
- 314 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2023, down from 323 in Q2 2023.
- Funds reported $1.7B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2023, down 7% quarter-over-quarter.
- 32 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2023 and 36 closed out, a net change of -4 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2023 was Donoghue Forlines, an estimated $20.9M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2023 was Ameriprise, an estimated $98.6M sold.
Based on aggregated 13F filings for Q3 2023.