BlackRock Floating Rate Income Strategies Fund
FRA
63 hedge funds and large institutions have $112M invested in BlackRock Floating Rate Income Strategies Fund in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
13% more funds holding
Funds holding: 56 → 63 (+7)
4% more capital invested
Capital invested by funds: $108M → $112M (+$4.3M)
0.86% more ownership
Funds ownership: 19.61% → 20.48% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$4.86M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.79M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$886K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$634K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$552K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.94M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.72M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.42M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.24M |
| 5 |
SG Americas Securities
New York
|
-$434K |
FRA Hedge Fund Activity: Q1 2014 in Review
63 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q1 2014, worth a combined $112M — up 4% from $108M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRA positions and 5 closed out — a net gain of 7 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Aegon USA Investment Management, opening a new position worth an estimated $4.86M. The largest seller was Advisors Asset Management, cutting an estimated $3.94M.
- 63 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q1 2014, up from 56 in Q4 2013.
- Funds reported $112M of BlackRock Floating Rate Income Strategies Fund stock for Q1 2014, up 4% quarter-over-quarter.
- 12 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q1 2014 and 5 closed out, a net change of +7 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q1 2014 was Aegon USA Investment Management, an estimated $4.86M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q1 2014 was Advisors Asset Management, an estimated $3.94M sold.
Based on aggregated 13F filings for Q1 2014.