State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
80 hedge funds and large institutions have $409M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2017 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 30 increasing their positions, 7 reducing their positions, and 7 closing their positions.
357% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 7
329% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 7
59% more capital invested
Capital invested by funds: $257M → $409M (+$153M)
43% more funds holding
Funds holding: 56 → 80 (+24)
6.33% more ownership
Funds ownership: 35.23% → 41.56% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$62.4M |
| 2 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$51.8M |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$13.7M |
| 4 |
Morgan Stanley
New York
|
+$9.86M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$24.5M |
| 2 |
AssetMark Inc
Concord,
California
|
-$22.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.1M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$3.26M |
| 5 |
LCC
Lincoln Capital Corp
East Greenwich,
Rhode Island
|
-$2.44M |
FLRN Hedge Fund Activity: Q1 2017 in Review
80 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2017, worth a combined $409M — up 59% from $257M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FLRN positions and 7 closed out — a net gain of 25 holders — while 30 added to existing stakes and 7 trimmed.
The largest buyer was Orgel Wealth Management, opening a new position worth an estimated $62.4M. The largest seller was BlackRock, cutting an estimated $24.5M.
- 80 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2017, up from 56 in Q4 2016.
- Funds reported $409M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2017, up 59% quarter-over-quarter.
- 32 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2017 and 7 closed out, a net change of +25 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2017 was Orgel Wealth Management, an estimated $62.4M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2017 was BlackRock, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2017.