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BlackRock Floating Rate Income Strategies Fund
FRA

89 hedge funds and large institutions have $132M invested in BlackRock Floating Rate Income Strategies Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 25

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

1% less funds holding

Funds holding: 90 → 89 (-1)

3.14% less ownership

Funds ownership: 31.48% → 28.33% (-3.1%)

10% less capital invested

Capital invested by funds: $147M → $132M (-$14.3M)

Holders
89
Holders Change
-1
Holders Change %
-1.11%
% of All Funds
1.55%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
36
Reduced
25
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
+$2.3M
2
PPA
Parametric Portfolio Associates
Washington
+$1.45M
3
SFS
Shaker Financial Services
Virginia
+$1.2M
4
RVPG
Relative Value Partners Group
+$715K
5
RCM
Rivernorth Capital Management
Florida
+$644K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$11.5M
2
KKRC
Kohlberg Kravis Roberts & Co
New York
-$8.29M
3
Morgan Stanley
Morgan Stanley
New York
-$4.06M
4
PHS
Pekin Hardy Strauss
Illinois
-$660K
5
Bank of America
Bank of America
North Carolina
-$660K
Name Holding Trade Value Shares
Change 		Change in
Stake
Osaic Holdings
26
Osaic Holdings
Arizona
$978K +$103K +7,948 +12%
PAS
27
Park Avenue Securities
New York
$974K +$57K +4,388 +6%
PMG
28
ProVise Management Group
Florida
$967K -$15.6K -1,203 -2%
6M
29
6 Meridian
Kansas
$956K -$74.8K -5,759 -7%
CIA
30
Capital Investment Advisors
Georgia
$947K -$3.87K -298 -0.4%
Envestnet Asset Management
31
Envestnet Asset Management
Illinois
$934K +$58.9K +4,539 +7%
SRC
32
Shufro Rose & Co
New York
$793K -$13K -1,000 -2%
HKAM
33
Horizon Kinetics Asset Management
New York
$786K – – –
AA
34
Apriem Advisors
California
$780K +$27.7K +2,134 +4%
RJFSA
35
Raymond James Financial Services Advisors
Florida
$762K +$298K +22,941 +66%
BRWA
36
B. Riley Wealth Advisors
Florida
$670K -$59.6K -4,593 -8%
KAS
37
Kestra Advisory Services
Texas
$652K +$639K +49,228 New
SBIA
38
Sheaff Brock Investment Advisors
Indiana
$639K +$58.4K +4,500 +10%
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$631K +$178K +13,724 +40%
LFAS
40
Level Four Advisory Services
Texas
$622K +$610K +46,961 New
Wells Fargo
41
Wells Fargo
California
$617K -$48.2K -3,710 -7%
WW
42
Waterfront Wealth
Kansas
$588K +$170K +13,093 +42%
WS
43
Wedbush Securities
California
$561K +$550K +42,357 New
LPL Financial
44
LPL Financial
California
$539K -$31.7K -2,439 -6%
9WM
45
9258 Wealth Management
Ohio
$539K +$48.3K +3,721 +10%
CA
46
Cetera Advisors
Colorado
$509K +$499K +38,426 New
ZA
47
Zazove Associates
Nevada
$507K – – –
Truist Financial
48
Truist Financial
North Carolina
$485K +$35.2K +2,707 +8%
MIG
49
Mariner Investment Group
New York
$464K -$462K -35,551 -50%
ACM
50
Anfield Capital Management
California
$446K +$6.6K +508 +2%
1
2
3 4

FRA Hedge Fund Activity: Q2 2021 in Review

89 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q2 2021, worth a combined $132M — down 9.8% from $147M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FRA and 10 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 36 added.

The largest buyer was Ameriprise, adding an estimated $2.3M. The largest seller was Saba Capital Management, cutting an estimated $11.5M.

  • 89 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q2 2021, down from 90 in Q1 2021.
  • Funds reported $132M of BlackRock Floating Rate Income Strategies Fund stock for Q2 2021, down 9.8% quarter-over-quarter.
  • 10 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q2 2021 and 11 closed out, a net change of -1 holder.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q2 2021 was Ameriprise, an estimated $2.3M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q2 2021 was Saba Capital Management, an estimated $11.5M sold.

Based on aggregated 13F filings for Q2 2021.