State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
323 hedge funds and large institutions have $1.83B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 99 increasing their positions, 152 reducing their positions, and 38 closing their positions.
21% more call options, than puts
Call options by funds: $513K | Put options by funds: $424K
4% less funds holding
Funds holding: 335 → 323 (-12)
8.84% less ownership
Funds ownership: 81.89% → 73.05% (-8.8%)
19% less capital invested
Capital invested by funds: $2.27B → $1.83B (-$436M)
19% less funds holding in top 10
Funds holding in top 10: 26 → 21 (-5)
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
35% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$52.6M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$44.8M |
| 3 |
AssetMark Inc
Concord,
California
|
+$29M |
| 4 |
Renaissance Technologies
New York
|
+$18.7M |
| 5 |
TF
TIAA FSB
Jacksonville,
Florida
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$349M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$112M |
| 3 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$34.8M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$27.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.7M |
FLRN Hedge Fund Activity: Q2 2023 in Review
323 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q2 2023, worth a combined $1.83B — down 19% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of FLRN and 28 opened new positions — a net loss of 10 holders — while 152 trimmed existing stakes and 99 added.
The largest buyer was Wealthfront Advisers, opening a new position worth an estimated $52.6M. The largest seller was Jane Street, cutting an estimated $349M.
- 323 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q2 2023, down from 335 in Q1 2023.
- Funds reported $1.83B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q2 2023, down 19% quarter-over-quarter.
- 28 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q2 2023 and 38 closed out, a net change of -10 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q2 2023 was Wealthfront Advisers, an estimated $52.6M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q2 2023 was Jane Street, an estimated $349M sold.
Based on aggregated 13F filings for Q2 2023.