State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
265 hedge funds and large institutions have $1.64B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2020 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 95 increasing their positions, 102 reducing their positions, and 39 closing their positions.
5.07% more ownership
Funds ownership: 56.8% → 61.87% (+5.1%)
3% more capital invested
Capital invested by funds: $1.6B → $1.64B (+$47.3M)
7% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 102
6% less funds holding
Funds holding: 283 → 265 (-18)
36% less funds holding in top 10
Funds holding in top 10: 33 → 21 (-12)
38% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$43.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$35.6M |
| 3 |
AA
Alesco Advisors
Pittsford,
New York
|
+$25.5M |
| 4 |
TWA
Tillar-Wenstrup Advisors
Centerville,
Ohio
|
+$10.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFSCE
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
|
-$25.1M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$17.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$15.1M |
| 4 |
PIM
Penobscot Investment Management
Boston,
Massachusetts
|
-$15.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11.5M |
FLRN Hedge Fund Activity: Q2 2020 in Review
265 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q2 2020, worth a combined $1.64B — up 3% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FLRN and 24 opened new positions — a net loss of 15 holders — while 102 trimmed existing stakes and 95 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $43.4M. The largest seller was Enterprise Financial Services Corp (EFSC), cutting an estimated $25.1M.
- 265 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q2 2020, down from 283 in Q1 2020.
- Funds reported $1.64B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q2 2020, up 3% quarter-over-quarter.
- 24 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q2 2020 and 39 closed out, a net change of -15 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q2 2020 was Citadel Advisors, an estimated $43.4M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q2 2020 was Enterprise Financial Services Corp (EFSC), an estimated $25.1M sold.
Based on aggregated 13F filings for Q2 2020.