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BlackRock Floating Rate Income Strategies Fund
FRA

89 hedge funds and large institutions have $152M invested in BlackRock Floating Rate Income Strategies Fund in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% less capital invested

Capital invested by funds: $153M → $152M (-$756K)

1.25% less ownership

Funds ownership: 38.19% → 36.93% (-1.3%)

4% less funds holding

Funds holding: 93 → 89 (-4)

22% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 36

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
89
Holders Change
-4
Holders Change %
-4.3%
% of All Funds
1.8%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
8
Increased
28
Reduced
36
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$4.21M
2
RVPG
Relative Value Partners Group
+$1.23M
3
CIA
Capital Investment Advisors
Georgia
+$467K
4
PCM
Penserra Capital Management
California
+$402K
5
IWM
IHT Wealth Management
Illinois
+$334K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$5.65M
2
SCM
Saba Capital Management
New York
-$1.21M
3
PPA
Parametric Portfolio Associates
Washington
-$838K
4
SFS
Shaker Financial Services
Virginia
-$749K
5
CCP
Clough Capital Partners
Massachusetts
-$643K
Name Holding Trade Value Shares
Change 		Change in
Stake
AA
26
AQR Arbitrage
Connecticut
$1.08M +$194K +16,849 +22%
Wells Fargo
27
Wells Fargo
California
$1.04M -$135K -11,764 -11%
MIG
28
Mariner Investment Group
New York
$931K – – –
PMG
29
ProVise Management Group
Florida
$894K -$73.5K -6,386 -8%
CIA
30
Capital Investment Advisors
Georgia
$855K +$467K +40,575 +120%
DADC
31
D.A. Davidson & Co
Montana
$835K +$112K +9,688 +15%
6M
32
6 Meridian
Kansas
$750K -$28.9K -2,514 -4%
SRC
33
Shufro Rose & Co
New York
$708K +$17.3K +1,500 +2%
PAS
34
Park Avenue Securities
New York
$686K +$86.3K +7,491 +14%
HKAM
35
Horizon Kinetics Asset Management
New York
$682K -$3.11K -270 -0.5%
Envestnet Asset Management
36
Envestnet Asset Management
Illinois
$667K -$42K -3,646 -6%
BRWA
37
B. Riley Wealth Advisors
Florida
$598K – – –
Osaic Holdings
38
Osaic Holdings
Arizona
$560K +$167K +14,542 +43%
AA
39
Apriem Advisors
California
$557K -$35.8K -3,108 -6%
LPL Financial
40
LPL Financial
California
$497K -$3.87K -336 -0.8%
ZA
41
Zazove Associates
Nevada
$440K – – –
SBIA
42
Sheaff Brock Investment Advisors
Indiana
$439K -$11.5K -1,000 -3%
9WM
43
9258 Wealth Management
Ohio
$434K -$36.7K -3,191 -8%
RJFSA
44
Raymond James Financial Services Advisors
Florida
$384K -$31.3K -2,716 -8%
ACM
45
Anfield Capital Management
California
$368K +$187K +16,205 +103%
Ameriprise
46
Ameriprise
Minnesota
$347K +$3.49K +303 +1%
IWM
47
IHT Wealth Management
Illinois
$333K +$334K +28,971 New
MC
48
Matisse Capital
Oregon
$295K -$9.04K -785 -3%
IAN
49
Integrated Advisors Network
Texas
$285K – – –
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$264K -$6.43K -558 -2%
1
2
3 4

FRA Hedge Fund Activity: Q3 2020 in Review

89 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2020, worth a combined $152M — down 0.49% from $153M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FRA and 8 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 28 added.

The largest buyer was Morgan Stanley, adding an estimated $4.21M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.65M.

  • 89 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2020, down from 93 in Q2 2020.
  • Funds reported $152M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2020, down 0.49% quarter-over-quarter.
  • 8 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2020 and 12 closed out, a net change of -4 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2020 was Morgan Stanley, an estimated $4.21M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $5.65M sold.

Based on aggregated 13F filings for Q3 2020.