State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
319 hedge funds and large institutions have $1.59B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 113 increasing their positions, 129 reducing their positions, and 35 closing their positions.
2% less funds holding
Funds holding: 326 → 319 (-7)
5.21% less ownership
Funds ownership: 74.35% → 69.15% (-5.2%)
8% less funds holding in top 10
Funds holding in top 10: 24 → 22 (-2)
11% less capital invested
Capital invested by funds: $1.78B → $1.59B (-$191M)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
12% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$15.2M |
| 2 |
WCM
Wealthcare Capital Management
Richmond,
Virginia
|
+$13.6M |
| 3 |
CFG
Carr Financial Group
Worcester,
Massachusetts
|
+$9.23M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$7.72M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$53M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$40M |
| 3 |
Morgan Stanley
New York
|
-$33M |
| 4 |
VA
Valmark Advisers
Akron,
Ohio
|
-$27.3M |
| 5 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
-$22.2M |
FLRN Hedge Fund Activity: Q1 2024 in Review
319 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2024, worth a combined $1.59B — down 11% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FLRN and 31 opened new positions — a net loss of 4 holders — while 129 trimmed existing stakes and 113 added.
The largest buyer was Wealthfront Advisers, adding an estimated $15.2M. The largest seller was Jane Street, cutting an estimated $53M.
- 319 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2024, down from 326 in Q4 2023.
- Funds reported $1.59B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2024, down 11% quarter-over-quarter.
- 31 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2024 and 35 closed out, a net change of -4 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2024 was Wealthfront Advisers, an estimated $15.2M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2024 was Jane Street, an estimated $53M sold.
Based on aggregated 13F filings for Q1 2024.