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BlackRock Floating Rate Income Strategies Fund

74 hedge funds and large institutions have $173M invested in BlackRock Floating Rate Income Strategies Fund in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 18

13% more capital invested

Capital invested by funds: $154M → $173M (+$19.7M)

2.11% more ownership

Funds ownership: 31.21%33.32% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less funds holding

Funds holding: 7674 (-2)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
74
Holders Change
-2
Holders Change %
-2.63%
% of All Funds
1.97%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
9
Increased
33
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
51
Anchor Investment Management
South Carolina
$237K
Neuberger Berman Group
52
Neuberger Berman Group
New York
$215K
AG
53
Advisor Group
Arizona
$207K +$29.1K +2,150 +17%
SPC
54
Sigma Planning Corp
Michigan
$185K +$181K +13,350 New
PAG
55
Private Advisor Group
New Jersey
$153K +$3.03K +224 +2%
SI
56
SII Investments
Wisconsin
$144K +$690 +51 +0.5%
BA
57
Boston Advisors
Massachusetts
$142K
GWM
58
Geneos Wealth Management
Colorado
$131K +$81.2K +6,000 +171%
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$63K
Citigroup
60
Citigroup
New York
$58K -$106K -7,832 -65%
IA
61
IFP Advisors
Florida
$53K
Creative Planning
62
Creative Planning
Kansas
$45K +$14.7K +1,086 +50%
CPIG
63
Chicago Partners Investment Group
Illinois
$44K +$25.2K +1,861 +145%
ASN
64
Advisory Services Network
Georgia
$37K +$5.46K +404 +18%
WAM
65
Wealthspire Advisors (Maryland)
Maryland
$30K +$243 +18 +0.8%
BCMIO
66
Beacon Capital Management Inc (Ohio)
Ohio
$28K -$18.9K -1,400 -41%
DADC
67
D.A. Davidson & Co
Montana
$26K +$4.58K +339 +22%
APSP
68
Asset Planning Services (Pennsylvania)
Pennsylvania
$20K +$257 +19 +1%
GBBWRPM
69
Genovese Burford & Brothers Wealth & Retirement Plan Management
California
$13K
BWA
70
Burt Wealth Advisors
Maryland
$7K
HCM
71
Highlander Capital Management
New Jersey
$7K
PCM
72
Penserra Capital Management
California
$7K +$1.75K +129 +32%
WP
73
WealthPLAN Partners
Nebraska
$3.81K -$3.61K -267 -49%
HW
74
Hedeker Wealth
Illinois
$2.34K +$433 +32 New
Deutsche Bank
75
Deutsche Bank
Germany
-$499K -38,000 Closed

FRA Hedge Fund Activity: Q3 2016 in Review

74 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2016, worth a combined $173M — up 13% from $154M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FRA and 9 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 33 added.

The largest buyer was Relative Value Partners Group, adding an estimated $3.52M. The largest seller was Mariner Investment Group, cutting an estimated $1.39M.

  • 74 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2016, down from 76 in Q2 2016.
  • Funds reported $173M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2016, up 13% quarter-over-quarter.
  • 9 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2016 and 10 closed out, a net change of -1 holder.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2016 was Relative Value Partners Group, an estimated $3.52M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2016 was Mariner Investment Group, an estimated $1.39M sold.

Based on aggregated 13F filings for Q3 2016.