State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
145 hedge funds and large institutions have $858M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2017 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 47 increasing their positions, 33 reducing their positions, and 9 closing their positions.
478% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 9
150% more funds holding in top 10
Funds holding in top 10: 4 → 10 (+6)
62% more capital invested
Capital invested by funds: $530M → $858M (+$328M)
42% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 33
42% more funds holding
Funds holding: 102 → 145 (+43)
9.49% more ownership
Funds ownership: 42.12% → 51.61% (+9.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$99M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$78.2M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$24.1M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$13.7M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.08M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.66M |
| 3 |
AWMG
Alliance Wealth Management Group
Flemington,
New Jersey
|
-$3.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.81M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
151
WealthSource Partners
San Luis Obispo,
California
| – | -$230K | -7,487 | Closed |
|
152
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$154K | -5,000 | Closed |
|
153
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$45K | -1,466 | Closed |
|
FLRN Hedge Fund Activity: Q4 2017 in Review
145 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q4 2017, worth a combined $858M — up 62% from $530M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new FLRN positions and 9 closed out — a net gain of 43 holders — while 47 added to existing stakes and 33 trimmed.
The largest buyer was Orgel Wealth Management, adding an estimated $99M. The largest seller was Jane Street, exiting entirely with an estimated $8.08M sold.
- 145 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q4 2017, up from 102 in Q3 2017.
- Funds reported $858M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q4 2017, up 62% quarter-over-quarter.
- 52 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q4 2017 and 9 closed out, a net change of +43 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q4 2017 was Orgel Wealth Management, an estimated $99M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q4 2017 was Jane Street, an estimated $8.08M sold.
Based on aggregated 13F filings for Q4 2017.