State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
46 hedge funds and large institutions have $235M invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
77% more capital invested
Capital invested by funds: $132M → $235M (+$102M)
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
12% more funds holding
Funds holding: 41 → 46 (+5)
11.61% more ownership
Funds ownership: 23.49% → 35.1% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$45M |
| 2 |
AssetMark Inc
Concord,
California
|
+$33.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$9.34M |
| 4 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
+$8.29M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Baring Asset Management
London,
United Kingdom
|
-$1.36M |
| 2 |
Jane Street
New York
|
-$1.31M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$755K |
| 5 |
LPL Financial
San Diego,
California
|
-$440K |
FLRN Hedge Fund Activity: Q3 2016 in Review
46 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2016, worth a combined $235M — up 77% from $132M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLRN positions and 2 closed out — a net gain of 5 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $45M. The largest seller was Baring Asset Management, cutting an estimated $1.36M.
- 46 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2016, up from 41 in Q2 2016.
- Funds reported $235M of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2016, up 77% quarter-over-quarter.
- 7 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2016 and 2 closed out, a net change of +5 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2016 was BlackRock, an estimated $45M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2016 was Baring Asset Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2016.