State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
39 hedge funds and large institutions have $107M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
93% more capital inflows, than outflows
Capital inflows: $17.4M | Capital outflows: $9M
5% more funds holding
Funds holding: 37 → 39 (+2)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.5M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
+$3.85M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.3M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$898K |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
+$796K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.59M |
| 2 |
Bank of the West
Monterey Park,
California
|
-$1.98M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$515K |
| 4 |
State Street
Boston,
Massachusetts
|
-$402K |
| 5 |
Advisors Preferred
Rockville,
Maryland
|
-$129K |
FLRN Hedge Fund Activity: Q3 2015 in Review
39 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2015, worth a combined $107M — up 6.6% from $101M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLRN positions and 2 closed out — a net gain of 3 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $8.5M. The largest seller was Bank of America, cutting an estimated $5.59M.
- 39 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2015, up from 37 in Q2 2015.
- Funds reported $107M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2015, up 6.6% quarter-over-quarter.
- 5 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2015 and 2 closed out, a net change of +3 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2015 was Royal Bank of Canada, an estimated $8.5M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2015 was Bank of America, an estimated $5.59M sold.
Based on aggregated 13F filings for Q3 2015.