State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
34 hedge funds and large institutions have $111M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more funds holding
Funds holding: 31 → 34 (+3)
4% more capital invested
Capital invested by funds: $106M → $111M (+$4.73M)
0.77% more ownership
Funds ownership: 27.25% → 28.02% (+0.77%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOTW
Bank of the West
Monterey Park,
California
|
+$4M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.9M |
| 3 |
VNB
Valley National Bancorp
New York
|
+$1.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$291K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.7M |
| 2 |
AIG
American International Group
New York
|
-$823K |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$764K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$322K |
| 5 |
Axa
Paris,
France
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
26
Regal Investment Advisors
Kentwood,
Michigan
| $233K | +$233K | +7,613 | New |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $187K | -$12.3K | -400 | -6% |
|
|
28
Axa
Paris,
France
| $125K | -$247K | -8,070 | -66% |
|
29
US Bancorp
Minneapolis,
Minnesota
| $77K | – | – | – |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $55K | +$55.4K | +1,807 | New |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $40K | -$30.7K | -1,000 | -43% |
|
32
Envestnet Asset Management
Chicago,
Illinois
| $15K | +$14.5K | +474 | New |
|
|
BRWM
33
B. Riley Wealth Management
Memphis,
Tennessee
| $12K | – | – | – |
|
34
Citigroup
New York
| $6K | +$6.13K | +200 | New |
|
|
PI
35
Placemark Investments
Chicago,
Illinois
| – | -$209K | -6,817 | Closed |
|
|
KFS
36
KMS Financial Services
Seattle,
Washington
| – | -$207K | -6,736 | Closed |
|
37
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13K | -409 | Closed |
|
FLRN Hedge Fund Activity: Q3 2014 in Review
34 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2014, worth a combined $111M — up 4.5% from $106M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLRN positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Bank of the West, adding an estimated $4M. The largest seller was Jane Street, cutting an estimated $1.7M.
- 34 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2014, up from 31 in Q2 2014.
- Funds reported $111M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2014, up 4.5% quarter-over-quarter.
- 7 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2014 and 3 closed out, a net change of +4 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2014 was Bank of the West, an estimated $4M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2014 was Jane Street, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2014.