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BlackRock Floating Rate Income Strategies Fund
FRA

89 hedge funds and large institutions have $103M invested in BlackRock Floating Rate Income Strategies Fund in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

3% more funds holding

Funds holding: 86 → 89 (+3)

3.88% less ownership

Funds ownership: 26.65% → 22.77% (-3.9%)

13% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 32

13% less capital invested

Capital invested by funds: $119M → $103M (-$15.4M)

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
89
Holders Change
+3
Holders Change %
+3.49%
% of All Funds
1.28%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
12
Increased
28
Reduced
32
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$1.59M
2
LCWP
Legacy Capital Wealth Partners
Arkansas
+$1.22M
3
CPC
Congress Park Capital
New York
+$466K
4
AAM
Advisors Asset Management
Colorado
+$335K
5
EIA
Edgemoor Investment Advisors
Maryland
+$282K

Top Sellers

Rank Fund Capital Flow
1
WWMSC
Wagner Wealth Management (South Carolina)
South Carolina
-$7.92M
2
Morgan Stanley
Morgan Stanley
New York
-$6.39M
3
DADC
D.A. Davidson & Co
Montana
-$1.49M
4
Truist Financial
Truist Financial
North Carolina
-$1.32M
5
Invesco
Invesco
Georgia
-$1.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
KC
26
Kades & Cheifetz
Pennsylvania
$914K +$30.7K +2,418 +4%
SDWIA
27
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$846K +$44.1K +3,481 +6%
PMG
28
Private Management Group
California
$791K -$24.4K -1,921 -3%
RJFSA
29
Raymond James Financial Services Advisors
Florida
$782K -$31.8K -2,509 -4%
MWM
30
Melfa Wealth Management
Massachusetts
$767K -$26.3K -2,075 -3%
HKAM
31
Horizon Kinetics Asset Management
New York
$766K – – –
CWM
32
Circle Wealth Management
New Jersey
$699K – – –
SRC
33
Shufro Rose & Co
New York
$634K -$57.1K -4,500 -8%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$606K -$49K -3,861 -8%
VEA
35
Virtus ETF Advisers
New York
$539K +$115K +9,037 +28%
CIA
36
Capital Investment Advisors
Georgia
$538K -$120K -9,491 -19%
WW
37
Waterfront Wealth
Kansas
$532K +$41.1K +3,244 +9%
AA
38
Apriem Advisors
California
$492K +$520 +41 +0.1%
RJA
39
Raymond James & Associates
Florida
$479K +$59.1K +4,659 +14%
AHIA
40
Andrew Hill Investment Advisors
Florida
$461K -$5.39K -425 -1%
PMG
41
ProVise Management Group
Florida
$450K -$12.7K -1,000 -3%
9WM
42
9258 Wealth Management
Ohio
$447K -$837 -66 -0.2%
VH
43
Visionary Horizons
Tennessee
$436K – – –
AWS
44
Atria Wealth Solutions
New York
$374K -$90.6K -7,147 -20%
WCM
45
Whitener Capital Management
North Carolina
$346K +$25.4K +2,000 +8%
KA
46
Klingman & Associates
New York
$336K +$59.5K +4,694 +22%
FFWM
47
Future Financial Wealth Management
Ohio
$314K +$44K +3,471 +17%
SIA
48
Schechter Investment Advisors
Michigan
$314K +$8.83K +696 +3%
EIA
49
Edgemoor Investment Advisors
Maryland
$287K +$282K +22,215 New
WS
50
Wedbush Securities
California
$279K -$60.2K -4,744 -18%
1
2
3 4

FRA Hedge Fund Activity: Q1 2024 in Review

89 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q1 2024, worth a combined $103M — down 13% from $119M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FRA positions and 9 closed out — a net gain of 3 holders — while 28 added to existing stakes and 32 trimmed.

The largest buyer was Bank of America, adding an estimated $1.59M. The largest seller was Wagner Wealth Management (South Carolina), cutting an estimated $7.92M.

  • 89 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q1 2024, up from 86 in Q4 2023.
  • Funds reported $103M of BlackRock Floating Rate Income Strategies Fund stock for Q1 2024, down 13% quarter-over-quarter.
  • 12 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q1 2024 and 9 closed out, a net change of +3 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q1 2024 was Bank of America, an estimated $1.59M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q1 2024 was Wagner Wealth Management (South Carolina), an estimated $7.92M sold.

Based on aggregated 13F filings for Q1 2024.