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BlackRock Floating Rate Income Strategies Fund

60 hedge funds and large institutions have $110M invested in BlackRock Floating Rate Income Strategies Fund in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

0.12% more ownership

Funds ownership: 20.55%20.67% (+0.12%)

3% less capital invested

Capital invested by funds: $113M → $110M (-$3.21M)

10% less funds holding

Funds holding: 6760 (-7)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Holders
60
Holders Change
-7
Holders Change %
-10.45%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
22
Reduced
20
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CA
26
Cornerstone Advisors
North Carolina
$797K
JIR
27
James Investment Research
Ohio
$707K
UCFA
28
United Capital Financial Advisors
Texas
$591K +$115K +8,037 +24%
WAM
29
Wolverine Asset Management
Illinois
$566K -$358K -25,086 -38%
CT
30
Coastline Trust
Rhode Island
$562K -$42.4K -2,975 -7%
Envestnet Asset Management
31
Envestnet Asset Management
Illinois
$554K +$76.8K +5,382 +16%
Commonwealth Equity Services
32
Commonwealth Equity Services
Massachusetts
$533K +$208K +14,613 +63%
RCM
33
Rivernorth Capital Management
Florida
$487K -$1.99M -139,471 -80%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$410K +$143K +10,010 +52%
MFS
35
MSI Financial Services
Massachusetts
$396K +$60.5K +4,246 +18%
HighTower Advisors
36
HighTower Advisors
Illinois
$313K +$54.8K +3,840 +21%
AIG
37
American International Group
New York
$275K +$42.8K +3,000 +18%
SKK
38
Shepherd Kaplan Krochuk
Massachusetts
$257K
LTFS
39
Ladenburg Thalmann Financial Services
Florida
$255K +$250K +17,500 +2,734%
VFS
40
VSR Financial Services
Kansas
$242K -$2.01K -141 -0.8%
VKH
41
Virtu KCG Holdings
New York
$231K -$60.5K -4,243 -21%
Neuberger Berman Group
42
Neuberger Berman Group
New York
$222K -$71.3K -5,000 -24%
AQR Capital Management
43
AQR Capital Management
Connecticut
$184K +$186K +13,066 New
Barclays
44
Barclays
United Kingdom
$169K +$26.6K +1,864 +18%
Deutsche Bank
45
Deutsche Bank
Germany
$157K -$266K -18,660 -63%
BA
46
Boston Advisors
Massachusetts
$154K -$26.1K -1,829 -14%
CS
47
Credit Suisse
Switzerland
$154K
OC
48
Oppenheimer & Co
New York
$151K -$4.21K -295 -3%
BCMIO
49
Beacon Capital Management Inc (Ohio)
Ohio
$150K +$14.3K +1,000 +10%
SI
50
SII Investments
Wisconsin
$149K +$699 +49 +0.5%

FRA Hedge Fund Activity: Q3 2014 in Review

60 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2014, worth a combined $110M — down 2.8% from $113M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FRA and 6 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was Wells Fargo, adding an estimated $5.47M. The largest seller was Saba Capital Management, exiting entirely with an estimated $4.87M sold.

  • 60 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2014, down from 67 in Q2 2014.
  • Funds reported $110M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2014, down 2.8% quarter-over-quarter.
  • 6 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2014 and 13 closed out, a net change of -7 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2014 was Wells Fargo, an estimated $5.47M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2014 was Saba Capital Management, an estimated $4.87M sold.

Based on aggregated 13F filings for Q3 2014.