State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
283 hedge funds and large institutions have $1.6B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 85 increasing their positions, 135 reducing their positions, and 50 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 33 → 33 (0)
3.24% less ownership
Funds ownership: 60.04% → 56.8% (-3.2%)
7% less funds holding
Funds holding: 305 → 283 (-22)
21% less capital invested
Capital invested by funds: $2.03B → $1.6B (-$434M)
32% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 50
37% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$36.6M |
| 2 |
AssetMark Inc
Concord,
California
|
+$34.6M |
| 3 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$11.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.26M |
| 5 |
AA
Alesco Advisors
Pittsford,
New York
|
+$6.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$78.7M |
| 2 |
Morgan Stanley
New York
|
-$45.5M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$45.1M |
| 4 |
GLR
Great Lakes Retirement
Sandusky,
Ohio
|
-$26.2M |
| 5 |
AWS
AJ Wealth Strategies
New York
|
-$22M |
FLRN Hedge Fund Activity: Q1 2020 in Review
283 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2020, worth a combined $1.6B — down 21% from $2.03B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of FLRN and 34 opened new positions — a net loss of 16 holders — while 135 trimmed existing stakes and 85 added.
The largest buyer was Jane Street, adding an estimated $36.6M. The largest seller was Merit Financial Group, cutting an estimated $78.7M.
- 283 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2020, down from 305 in Q4 2019.
- Funds reported $1.6B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2020, down 21% quarter-over-quarter.
- 34 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2020 and 50 closed out, a net change of -16 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2020 was Jane Street, an estimated $36.6M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2020 was Merit Financial Group, an estimated $78.7M sold.
Based on aggregated 13F filings for Q1 2020.