State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
21 hedge funds and large institutions have $103M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
436% more capital invested
Capital invested by funds: $19.2M → $103M (+$83.6M)
40% more funds holding
Funds holding: 15 → 21 (+6)
16.63% less ownership
Funds ownership: 47.87% → 31.23% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$34.1M |
| 2 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$31.9M |
| 3 |
Jane Street
New York
|
+$4.23M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$3.44M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$234K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$125K |
| 3 |
CT
Coastline Trust
Providence,
Rhode Island
|
-$70.8K |
FLRN Hedge Fund Activity: Q3 2013 in Review
21 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2013, worth a combined $103M — up 436% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLRN positions and 1 closed out — a net gain of 6 holders — while 12 added to existing stakes and 2 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $34.1M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $234K sold.
- 21 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2013, up from 15 in Q2 2013.
- Funds reported $103M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2013, up 436% quarter-over-quarter.
- 7 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2013 and 1 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2013 was Raymond James & Associates, an estimated $34.1M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2013 was United Capital Financial Advisors, an estimated $234K sold.
Based on aggregated 13F filings for Q3 2013.