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State Street SPDR Bloomberg Investment Grade Floating Rate ETF

305 hedge funds and large institutions have $2.03B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 107 increasing their positions, 101 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 38

10% more funds holding

Funds holding: 278305 (+27)

6% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 101

1.85% less ownership

Funds ownership: 61.89%60.04% (-1.8%)

6% less funds holding in top 10

Funds holding in top 10: 3533 (-2)

14% less capital invested

Capital invested by funds: $2.35B → $2.03B (-$320M)

Holders
305
Holders Change
+27
Holders Change %
+9.71%
% of All Funds
6.01%
Holding in Top 10
33
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-5.71%
% of All Funds
0.65%
New
69
Increased
107
Reduced
101
Closed
38
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
APP
1
Avantax Planning Partners
Iowa
$116M +$3.13M +102,008 +3%
Morgan Stanley
2
Morgan Stanley
New York
$103M +$4.2M +136,652 +4%
UBS Group
3
UBS Group
Switzerland
$88.4M +$3.5M +113,927 +4%
MFG
4
Merit Financial Group
Georgia
$85.5M +$5.54M +180,157 +7%
Ameriprise
5
Ameriprise
Minnesota
$80.7M -$39.1M -1,273,543 -33%
KeyBank National Association
6
KeyBank National Association
Ohio
$63.5M +$839K +27,293 +1%
Bank of America
7
Bank of America
North Carolina
$63M +$4.12M +134,164 +7%
VA
8
Valmark Advisers
Ohio
$59.3M -$92.3K -3,003 -0.2%
Wells Fargo
9
Wells Fargo
California
$54.1M -$5.93M -192,905 -10%
MA
10
MCF Advisors
Kentucky
$52.9M +$3.99M +129,999 +8%
AssetMark Inc
11
AssetMark Inc
California
$49.9M -$6.78M -220,609 -12%
MERSOM
12
Municipal Employees' Retirement System of Michigan
Michigan
$45.1M
AA
13
Alesco Advisors
New York
$38.8M -$2.34M -76,121 -6%
PIM
14
Penobscot Investment Management
Massachusetts
$28.4M +$1.91M +62,140 +7%
GLR
15
Great Lakes Retirement
Ohio
$27M +$27M +878,436 New
EFSCE
16
Enterprise Financial Services Corp (EFSC)
Missouri
$25.5M +$626K +20,360 +3%
RJA
17
Raymond James & Associates
Florida
$25.4M -$172M -5,602,863 -87%
JP Morgan Chase
18
JP Morgan Chase
New York
$23.3M +$3.69M +120,153 +19%
SFS
19
Strategic Financial Services
New York
$22.8M +$2.85M +92,659 +14%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$22.4M -$3.76M -122,273 -14%
AWS
21
AJ Wealth Strategies
New York
$22M +$22M +717,253 New
IA
22
IndexIQ Advisors
New York
$20.9M -$9.4M -305,902 -31%
CIA
23
Capital Investment Advisors
Georgia
$20M -$179K -5,835 -0.9%
TCM
24
Towercrest Capital Management
Pennsylvania
$19.7M +$903K +29,384 +5%
AWMG
25
Alliance Wealth Management Group
New Jersey
$19.6M +$902K +29,359 +5%

FLRN Hedge Fund Activity: Q4 2019 in Review

305 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q4 2019, worth a combined $2.03B — down 14% from $2.35B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new FLRN positions and 38 closed out — a net gain of 31 holders — while 107 added to existing stakes and 101 trimmed.

The largest buyer was AJ Wealth Strategies, opening a new position worth an estimated $22M. The largest seller was Raymond James & Associates, cutting an estimated $172M.

  • 305 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q4 2019, up from 278 in Q3 2019.
  • Funds reported $2.03B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q4 2019, down 14% quarter-over-quarter.
  • 69 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q4 2019 and 38 closed out, a net change of +31 holders.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q4 2019 was AJ Wealth Strategies, an estimated $22M added.
  • The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q4 2019 was Raymond James & Associates, an estimated $172M sold.

Based on aggregated 13F filings for Q4 2019.