State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
41 hedge funds and large institutions have $132M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
21% more capital invested
Capital invested by funds: $109M → $132M (+$23.3M)
8% more funds holding
Funds holding: 38 → 41 (+3)
4.32% less ownership
Funds ownership: 27.81% → 23.49% (-4.3%)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Baring Asset Management
London,
United Kingdom
|
+$10.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.16M |
| 3 |
Jane Street
New York
|
+$4.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.76M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$892K |
| 2 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$560K |
| 3 |
AIG
American International Group
New York
|
-$404K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$386K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$124K |
FLRN Hedge Fund Activity: Q2 2016 in Review
41 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q2 2016, worth a combined $132M — up 21% from $109M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FLRN positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Baring Asset Management, opening a new position worth an estimated $10.3M. The largest seller was LPL Financial, cutting an estimated $892K.
- 41 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q2 2016, up from 38 in Q1 2016.
- Funds reported $132M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q2 2016, up 21% quarter-over-quarter.
- 6 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q2 2016 and 3 closed out, a net change of +3 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q2 2016 was Baring Asset Management, an estimated $10.3M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q2 2016 was LPL Financial, an estimated $892K sold.
Based on aggregated 13F filings for Q2 2016.