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State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN

39 hedge funds and large institutions have $107M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

7% more capital invested

Capital invested by funds: $100M → $107M (+$6.65M)

5% more funds holding

Funds holding: 37 → 39 (+2)

1.78% more ownership

Funds ownership: 26.04% → 27.81% (+1.8%)

20% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 15

Holders
39
Holders Change
+2
Holders Change %
+5.41%
% of All Funds
1.09%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
12
Reduced
15
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$8.5M
2
RJA
Raymond James & Associates
Florida
+$3.85M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.3M
4
RJFSA
Raymond James Financial Services Advisors
Florida
+$898K
5
CS
Credit Suisse
Switzerland
+$796K

Top Sellers

1
Bank of America
Bank of America
North Carolina
-$5.59M
2
BOTW
Bank of the West
California
-$1.98M
3
FIM
Freedom Investment Management
Connecticut
-$515K
4
State Street
State Street
Massachusetts
-$402K
5
AP
Advisors Preferred
Maryland
-$129K
Name Holding Trade Value Shares
Change 		Change in
Stake
FIM
26
Freedom Investment Management
Connecticut
$197K -$515K -16,897 -54%
Bank of Montreal
27
Bank of Montreal
Ontario, Canada
$105K +$105K +3,458 New
US Bancorp
28
US Bancorp
Minnesota
$76K – – –
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$65K +$1.65K +54 +3%
Wells Fargo
30
Wells Fargo
California
$54K – – –
AIP
31
Ameritas Investment Partners
Nebraska
$35K -$5.49K -180 -13%
IF
32
Ironwood Financial
Arizona
$25K – – –
MFS
33
MSI Financial Services
Massachusetts
$19K +$9.29K +305 +95%
Citigroup
34
Citigroup
New York
$18K -$9.14K -300 -33%
PNC Financial Services Group
35
PNC Financial Services Group
Pennsylvania
$16K -$10.3K -339 -39%
PG
36
Patten Group
Tennessee
$9.88K – – –
WA
37
Waverly Advisors
Alabama
$4K – – –
Manulife (Manufacturers Life Insurance)
38
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$250 +$18.3K +600 +8%
State Street
39
State Street
Massachusetts
– -$402K -13,128 Closed
Axa
40
Axa
France
– -$92K -2,990 Closed
1
2

FLRN Hedge Fund Activity: Q3 2015 in Review

39 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2015, worth a combined $107M — up 6.6% from $100M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FLRN positions and 2 closed out — a net gain of 3 holders — while 12 added to existing stakes and 15 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $8.5M. The largest seller was Bank of America, cutting an estimated $5.59M.

  • 39 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2015, up from 37 in Q2 2015.
  • Funds reported $107M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2015, up 6.6% quarter-over-quarter.
  • 5 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2015 and 2 closed out, a net change of +3 holders.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2015 was Royal Bank of Canada, an estimated $8.5M added.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2015 was Bank of America, an estimated $5.59M sold.

Based on aggregated 13F filings for Q3 2015.