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State Street SPDR Bloomberg Investment Grade Floating Rate ETF

31 hedge funds and large institutions have $106M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

24% more funds holding

Funds holding: 2531 (+6)

1% less capital invested

Capital invested by funds: $107M → $106M (-$1.37M)

3.02% less ownership

Funds ownership: 30.26%27.25% (-3%)

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

Holders
31
Holders Change
+6
Holders Change %
+24%
% of All Funds
0.89%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
9
Reduced
12
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$44.4M +$1.82M +59,401 +4%
AII
2
AGF Investments Inc
Ontario, Canada
$18.4M -$1.03M -33,600 -5%
Bank of America
3
Bank of America
North Carolina
$7.68M -$1.02M -33,256 -12%
BOTW
4
Bank of the West
California
$5.51M +$5.5M +179,748 New
VNB
5
Valley National Bancorp
New York
$3.71M +$2.06M +67,164 +124%
Morgan Stanley
6
Morgan Stanley
New York
$3.42M -$146K -4,759 -4%
NEPWA
7
New England Private Wealth Advisors
Massachusetts
$3.26M +$4.22K +138 +0.1%
Jane Street
8
Jane Street
New York
$3.1M +$2.71M +88,482 +692%
AIM
9
Avity Investment Management
Connecticut
$3.03M +$3.02M +98,695 New
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$2.38M -$2.32M -75,896 -49%
AIG
11
American International Group
New York
$1.86M -$1.23M -40,149 -40%
CT
12
Coastline Trust
Rhode Island
$1.03M -$239K -7,800 -19%
SCG
13
Strategic Capital Group
Washington
$971K +$148K +4,827 +18%
CC
14
Courier Capital
New York
$886K +$2.45K +80 +0.3%
State Street
15
State Street
Massachusetts
$876K +$43.5K +1,422 +5%
Ameriprise
16
Ameriprise
Minnesota
$702K -$4.29K -140 -0.6%
U
17
UBS
Switzerland
$680K -$562K -18,358 -45%
LPL Financial
18
LPL Financial
California
$645K -$984K -32,138 -60%
FIM
19
Freedom Investment Management
Connecticut
$596K +$164K +5,342 +38%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$577K +$577K +18,830 New
HFS
21
HL Financial Services
Kentucky
$555K +$113K +3,700 +26%
Axa
22
Axa
France
$373K -$108K -3,530 -22%
CWM
23
Cabot Wealth Management
Massachusetts
$313K -$1.45M -47,226 -82%
WB
24
WesBanco Bank
West Virginia
$300K +$299K +9,775 New
PI
25
Placemark Investments
Illinois
$209K +$209K +6,817 New

FLRN Hedge Fund Activity: Q2 2014 in Review

31 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q2 2014, worth a combined $106M — down 1.3% from $107M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FLRN positions and 2 closed out — a net gain of 6 holders — while 9 added to existing stakes and 12 trimmed.

The largest buyer was Bank of the West, opening a new position worth an estimated $5.5M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $9.07M sold.

  • 31 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q2 2014, up from 25 in Q1 2014.
  • Funds reported $106M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q2 2014, down 1.3% quarter-over-quarter.
  • 8 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q2 2014 and 2 closed out, a net change of +6 holders.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q2 2014 was Bank of the West, an estimated $5.5M added.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q2 2014 was Susquehanna International Group, an estimated $9.07M sold.

Based on aggregated 13F filings for Q2 2014.