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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
ZA
51
Zazove Associates
Nevada
$273K -$218K -17,181 -45%
PFA
52
Petra Financial Advisors
Colorado
$253K – – –
GCP
53
Gill Capital Partners
Colorado
$246K – – –
Lido Advisors
54
Lido Advisors
California
$244K +$78.7K +6,205 +49%
OCM
55
Objective Capital Management
Ohio
$239K +$19.3K +1,520 +9%
FFA
56
First Foundation Advisors
California
$237K – – –
Jane Street
57
Jane Street
New York
$232K +$228K +17,969 New
BRWA
58
B. Riley Wealth Advisors
Florida
$218K +$28.6K +2,255 +15%
SBIA
59
Sheaff Brock Investment Advisors
Indiana
$213K -$12.7K -1,000 -6%
WCMNY
60
Westchester Capital Management (New York)
New York
$208K – – –
HF
61
HRT Financial
New York
$183K +$180K +14,167 New
Janney Montgomery Scott
62
Janney Montgomery Scott
Pennsylvania
$180K – – –
SAM
63
Selway Asset Management
$176K – – –
VF
64
Virtu Financial
New York
$173K +$170K +13,375 New
BCA
65
Bay Colony Advisors
Massachusetts
$167K +$12.7K +1,000 +8%
HIC
66
Hartline Investment Corp
Illinois
$167K +$164K +12,920 New
Thrivent Financial for Lutherans
67
Thrivent Financial for Lutherans
Minnesota
$165K – – –
RWM
68
RBA Wealth Management
California
$162K -$13.3K -1,047 -8%
Mercer Global Advisors
69
Mercer Global Advisors
Colorado
$146K +$4.07K +321 +3%
CT
70
Cambridge Trust
Massachusetts
$142K – – –
CWG
71
Cornerstone Wealth Group
North Carolina
$142K +$139K +10,984 New
GP
72
Gridiron Partners
Pennsylvania
$141K -$36.6K -2,889 -21%
Envestnet Asset Management
73
Envestnet Asset Management
Illinois
$138K +$25 +2 +0%
AOWM
74
Alpha Omega Wealth Management
Virginia
$129K – – –
SPIA
75
Steward Partners Investment Advisory
New York
$115K -$46.3K -3,648 -29%
1 2
3
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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.