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BlackRock Floating Rate Income Strategies Fund

109 hedge funds and large institutions have $160M invested in BlackRock Floating Rate Income Strategies Fund in 2019 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 10

14% more funds holding

Funds holding: 96109 (+13)

14% more capital invested

Capital invested by funds: $141M → $160M (+$19.1M)

0.33% more ownership

Funds ownership: 32.19%32.51% (+0.33%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 36

Holders
109
Holders Change
+13
Holders Change %
+13.54%
% of All Funds
2.15%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
23
Increased
36
Reduced
36
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QGA
26
Q Global Advisors
Texas
$1.19M +$230K +17,867 +25%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$1.15M +$209K +16,264 +23%
CIA
28
Capital Investment Advisors
Georgia
$1.06M -$8.05K -625 -0.8%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$1M -$85.1K -6,611 -8%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$956K +$916K +71,160 New
HKAM
31
Horizon Kinetics Asset Management
New York
$916K -$3.99K -310 -0.5%
SRC
32
Shufro Rose & Co
New York
$815K -$25.8K -2,000 -3%
CRC
33
Curi RMB Capital
Illinois
$804K -$3.47M -269,818 -82%
6M
34
6 Meridian
Kansas
$781K +$52.6K +4,083 +8%
AA
35
Apriem Advisors
California
$755K -$10.9K -850 -1%
CT
36
Coastline Trust
Rhode Island
$728K +$4.38K +340 +0.6%
CAN
37
Cetera Advisor Networks
California
$708K -$33.3K -2,582 -5%
AWM
38
Argent Wealth Management
Massachusetts
$696K +$667K +51,789 New
Ameriprise
39
Ameriprise
Minnesota
$694K -$21.9K -1,704 -3%
Cohen & Steers
40
Cohen & Steers
New York
$640K -$78.7K -6,110 -11%
GIM
41
Guild Investment Management
California
$624K +$598K +46,400 New
SKK
42
Shepherd Kaplan Krochuk
Massachusetts
$587K +$143K +11,090 +34%
RJFSA
43
Raymond James Financial Services Advisors
Florida
$554K -$59.6K -4,628 -10%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$542K +$67.1K +5,207 +15%
Commonwealth Equity Services
45
Commonwealth Equity Services
Massachusetts
$521K +$104K +8,041 +26%
9WM
46
9258 Wealth Management
Ohio
$517K -$8.8K -683 -2%
ZA
47
Zazove Associates
Nevada
$514K
LPL Financial
48
LPL Financial
California
$485K +$255K +19,836 +122%
PAS
49
Park Avenue Securities
New York
$475K +$97.4K +7,567 +27%
AIM
50
Anchor Investment Management
South Carolina
$468K -$5.64K -438 -1%

FRA Hedge Fund Activity: Q4 2019 in Review

109 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2019, worth a combined $160M — up 14% from $141M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FRA positions and 10 closed out — a net gain of 13 holders — while 36 added to existing stakes and 36 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $7.29M. The largest seller was Beach Point Capital Management, exiting entirely with an estimated $7.55M sold.

  • 109 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2019, up from 96 in Q3 2019.
  • Funds reported $160M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2019, up 14% quarter-over-quarter.
  • 23 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2019 and 10 closed out, a net change of +13 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2019 was Penserra Capital Management, an estimated $7.29M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2019 was Beach Point Capital Management, an estimated $7.55M sold.

Based on aggregated 13F filings for Q4 2019.