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State Street SPDR Bloomberg Investment Grade Floating Rate ETF

253 hedge funds and large institutions have $2.36B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2018 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 126 increasing their positions, 48 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

247% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 15

163% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 48

19% more capital invested

Capital invested by funds: $1.98B → $2.36B (+$385M)

17% more funds holding

Funds holding: 217253 (+36)

3% more funds holding in top 10

Funds holding in top 10: 3132 (+1)

0.24% more ownership

Funds ownership: 58.23%58.47% (+0.24%)

Holders
253
Holders Change
+36
Holders Change %
+16.59%
% of All Funds
5.78%
Holding in Top 10
32
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+3.23%
% of All Funds
0.73%
New
52
Increased
126
Reduced
48
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$184M +$10.5M +340,465 +6%
PAG
2
Pinnacle Advisory Group
Maryland
$122M +$19.7M +639,402 +19%
UBS Group
3
UBS Group
Switzerland
$101M +$6.13M +199,350 +6%
APP
4
Avantax Planning Partners
Iowa
$99.1M +$5.37M +174,523 +6%
Morgan Stanley
5
Morgan Stanley
New York
$98.9M +$20.2M +657,828 +26%
RIG
6
RiverFront Investment Group
Virginia
$90.4M -$891K -28,964 -1%
AA
7
Alesco Advisors
New York
$87.7M +$77.2M +2,511,254 +746%
OWM
8
Orgel Wealth Management
Wisconsin
$87M -$130M -4,224,918 -60%
Jane Street
9
Jane Street
New York
$83.9M +$83.8M +2,723,926 New
Bank of America
10
Bank of America
North Carolina
$60M +$19.9M +647,355 +50%
AssetMark Inc
11
AssetMark Inc
California
$55.8M +$44M +1,429,761 +374%
Wells Fargo
12
Wells Fargo
California
$52.7M +$3.29M +106,883 +7%
FI
13
FormulaFolio Investments
Michigan
$50.4M -$2.56M -83,386 -5%
VA
14
Valmark Advisers
Ohio
$48M -$309K -10,059 -0.6%
KeyBank National Association
15
KeyBank National Association
Ohio
$41.7M +$12.2M +396,046 +41%
MA
16
MCF Advisors
Kentucky
$41.5M +$17.6M +573,214 +74%
Ameriprise
17
Ameriprise
Minnesota
$39.3M +$28.7M +933,459 +271%
CA
18
Capital Advantage
California
$32.7M +$4.76M +154,743 +17%
DSN
19
D. Scott Neal
Kentucky
$30.1M +$15.3M +498,321 +104%
BTS
20
BB&T Securities
Virginia
$29.6M +$9.73M +316,335 +49%
CPO
21
Cerity Partners OCIO
New York
$28.4M -$1.81M -58,903 -6%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$25M +$5.3M +172,249 +27%
PAMU
23
Pictet Asset Management (UK)
United Kingdom
$24M +$24M +780,440 New
WCM
24
Windham Capital Management
Massachusetts
$23.4M -$21.6M -703,769 -48%
PIM
25
Penobscot Investment Management
Massachusetts
$23.3M +$3.71M +120,516 +19%

FLRN Hedge Fund Activity: Q3 2018 in Review

253 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q3 2018, worth a combined $2.36B — up 19% from $1.98B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new FLRN positions and 15 closed out — a net gain of 37 holders — while 126 added to existing stakes and 48 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $83.8M. The largest seller was Orgel Wealth Management, cutting an estimated $130M.

  • 253 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q3 2018, up from 217 in Q2 2018.
  • Funds reported $2.36B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q3 2018, up 19% quarter-over-quarter.
  • 52 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q3 2018 and 15 closed out, a net change of +37 holders.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q3 2018 was Jane Street, an estimated $83.8M added.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q3 2018 was Orgel Wealth Management, an estimated $130M sold.

Based on aggregated 13F filings for Q3 2018.