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BlackRock Floating Rate Income Strategies Fund

82 hedge funds and large institutions have $125M invested in BlackRock Floating Rate Income Strategies Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 29

1.69% less ownership

Funds ownership: 28.33%26.65% (-1.7%)

5% less capital invested

Capital invested by funds: $132M → $125M (-$6.84M)

8% less funds holding

Funds holding: 8982 (-7)

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

Holders
82
Holders Change
-7
Holders Change %
-7.87%
% of All Funds
1.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
32
Reduced
29
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$1.02M +$82.7K +6,204 +9%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$1M +$231K +17,318 +30%
Truist Financial
28
Truist Financial
North Carolina
$992K +$501K +37,571 +102%
PMG
29
ProVise Management Group
Florida
$964K -$10.5K -790 -1%
AA
30
Apriem Advisors
California
$955K +$168K +12,583 +21%
CIA
31
Capital Investment Advisors
Georgia
$949K -$5.34K -401 -0.6%
BRWA
32
B. Riley Wealth Advisors
Florida
$926K +$243K +18,208 +35%
HKAM
33
Horizon Kinetics Asset Management
New York
$792K
SRC
34
Shufro Rose & Co
New York
$777K -$22.7K -1,700 -3%
IWC
35
Integrated Wealth Concepts
Massachusetts
$696K +$694K +52,091 New
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$672K +$35.9K +2,692 +6%
SBIA
37
Sheaff Brock Investment Advisors
Indiana
$668K +$24K +1,800 +4%
AUIM
38
Aegon USA Investment Management
Iowa
$613K -$521K -39,109 -46%
RJA
39
Raymond James & Associates
Florida
$561K +$285K +21,385 +104%
WS
40
Wedbush Securities
California
$559K -$6.66K -500 -1%
9WM
41
9258 Wealth Management
Ohio
$545K +$1.85K +139 +0.3%
LPL Financial
42
LPL Financial
California
$544K +$640 +48 +0.1%
WW
43
Waterfront Wealth
Kansas
$541K -$51.8K -3,887 -9%
ZA
44
Zazove Associates
Nevada
$511K
CWM
45
Circle Wealth Management
New Jersey
$509K +$508K +38,093 New
FFA
46
First Foundation Advisors
California
$508K -$1.14M -85,750 -69%
Wells Fargo
47
Wells Fargo
California
$494K -$127K -9,567 -21%
VEA
48
Virtus ETF Advisers
New York
$469K +$468K +35,109 New
SDWIA
49
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$360K +$19.2K +1,443 +6%
BRWM
50
B. Riley Wealth Management
Tennessee
$331K +$331K +24,800 New

FRA Hedge Fund Activity: Q3 2021 in Review

82 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2021, worth a combined $125M — down 5.2% from $132M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FRA and 6 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 32 added.

The largest buyer was Kestra Advisory Services, adding an estimated $1.09M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.29M.

  • 82 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2021, down from 89 in Q2 2021.
  • Funds reported $125M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2021, down 5.2% quarter-over-quarter.
  • 6 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2021 and 12 closed out, a net change of -6 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2021 was Kestra Advisory Services, an estimated $1.09M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2021 was Rivernorth Capital Management, an estimated $2.29M sold.

Based on aggregated 13F filings for Q3 2021.