State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
178 hedge funds and large institutions have $1.37B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2018 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 90 increasing their positions, 24 reducing their positions, and 7 closing their positions.
486% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 7
275% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 24
90% more funds holding in top 10
Funds holding in top 10: 10 → 19 (+9)
60% more capital invested
Capital invested by funds: $858M → $1.37B (+$514M)
23% more funds holding
Funds holding: 145 → 178 (+33)
5.84% more ownership
Funds ownership: 51.61% → 57.45% (+5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$84.3M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$40.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$30.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$30.5M |
| 5 |
CPO
Cerity Partners OCIO
New York
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.46M |
| 2 |
LCC
Lincoln Capital Corp
East Greenwich,
Rhode Island
|
-$5.64M |
| 3 |
RRC
Relaxing Retirement Coach
Wellesley,
Massachusetts
|
-$5.45M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.77M |
| 5 |
NIA
Northstar Investment Advisors
Denver,
Colorado
|
-$3.23M |
FLRN Hedge Fund Activity: Q1 2018 in Review
178 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2018, worth a combined $1.37B — up 60% from $858M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FLRN positions and 7 closed out — a net gain of 34 holders — while 90 added to existing stakes and 24 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $84.3M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $7.46M sold.
- 178 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2018, up from 145 in Q4 2017.
- Funds reported $1.37B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2018, up 60% quarter-over-quarter.
- 41 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2018 and 7 closed out, a net change of +34 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2018 was Pinnacle Advisory Group, an estimated $84.3M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2018 was Mirae Asset Global Investments, an estimated $7.46M sold.
Based on aggregated 13F filings for Q1 2018.