State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
320 hedge funds and large institutions have $1.6B invested in State Street SPDR Bloomberg Investment Grade Floating Rate ETF in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 114 increasing their positions, 129 reducing their positions, and 35 closing their positions.
2% less funds holding
Funds holding: 327 → 320 (-7)
3.01% less ownership
Funds ownership: 72.7% → 69.69% (-3%)
8% less capital invested
Capital invested by funds: $1.74B → $1.6B (-$139M)
8% less funds holding in top 10
Funds holding in top 10: 24 → 22 (-2)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
12% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.5M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
+$15.2M |
| 3 |
WCM
Wealthcare Capital Management
Richmond,
Virginia
|
+$13.6M |
| 4 |
CFG
Carr Financial Group
Worcester,
Massachusetts
|
+$9.23M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$7.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$53M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$40M |
| 3 |
VA
Valmark Advisers
Akron,
Ohio
|
-$27.3M |
| 4 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
-$22.2M |
| 5 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$20.7M |
FLRN Hedge Fund Activity: Q1 2024 in Review
320 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) for Q1 2024, worth a combined $1.6B — down 8% from $1.74B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FLRN and 31 opened new positions — a net loss of 4 holders — while 129 trimmed existing stakes and 114 added.
The largest buyer was Morgan Stanley, adding an estimated $15.5M. The largest seller was Jane Street, cutting an estimated $53M.
- 320 institutional investors held State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) as of Q1 2024, down from 327 in Q4 2023.
- Funds reported $1.6B of State Street SPDR Bloomberg Investment Grade Floating Rate ETF stock for Q1 2024, down 8% quarter-over-quarter.
- 31 funds opened new State Street SPDR Bloomberg Investment Grade Floating Rate ETF positions in Q1 2024 and 35 closed out, a net change of -4 holders.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF buyer in Q1 2024 was Morgan Stanley, an estimated $15.5M added.
- The largest State Street SPDR Bloomberg Investment Grade Floating Rate ETF seller in Q1 2024 was Jane Street, an estimated $53M sold.
Based on aggregated 13F filings for Q1 2024.