State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
102 hedge funds and large institutions have $530M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 25 reducing their positions, and 12 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 25
6% more capital invested
Capital invested by funds: $499M → $530M (+$31.1M)
1.29% more ownership
Funds ownership: 40.83% → 42.12% (+1.3%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
1% more funds holding
Funds holding: 101 → 102 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.1M |
| 2 |
PIM
Penobscot Investment Management
Boston,
Massachusetts
|
+$8.68M |
| 3 |
Jane Street
New York
|
+$7.67M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.09M |
| 5 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$4.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$13.9M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$8.09M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.04M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$3.27M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$3.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$8.09M | -263,201 | Closed |
|
|
BTS
102
BB&T Securities
Richmond,
Virginia
| – | -$1.39M | -45,216 | Closed |
|
|
OMC
103
Old Mission Capital
Chicago,
Illinois
| – | -$881K | -28,666 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$432K | -14,064 | Closed |
|
|
AIA
105
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$238K | -7,752 | Closed |
|
|
FA
106
FDx Advisors
Chicago,
Illinois
| – | -$225K | -7,313 | Closed |
|
|
OIA
107
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$200K | -6,500 | Closed |
|
108
Creative Planning
Overland Park,
Kansas
| – | -$61K | -2,000 | Closed |
|
|
SF
109
Synovus Financial
Columbus,
Georgia
| – | -$17K | -566 | Closed |
|
110
Walleye Trading
New York
| – | -$15 | -490 | Closed |
|
|
BFEC
111
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$4K | -129 | Closed |
|
112
SEI Investments
Oaks,
Pennsylvania
| – | +$123 | +4 | +200% |
|
FLRN Hedge Fund Activity: Q3 2017 in Review
102 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2017, worth a combined $530M — up 6.2% from $499M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FLRN positions and 12 closed out — a net gain of 1 holder — while 47 added to existing stakes and 25 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $11.1M. The largest seller was RFG Advisory, cutting an estimated $13.9M.
- 102 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2017, up from 101 in Q2 2017.
- Funds reported $530M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2017, up 6.2% quarter-over-quarter.
- 13 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2017 and 12 closed out, a net change of +1 holder.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2017 was Raymond James & Associates, an estimated $11.1M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2017 was RFG Advisory, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2017.