BlackRock Floating Rate Income Strategies Fund
FRA
67 hedge funds and large institutions have $124M invested in BlackRock Floating Rate Income Strategies Fund in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 20 closing their positions.
6% more capital invested
Capital invested by funds: $117M → $124M (+$7.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.19% less ownership
Funds ownership: 24.09% → 23.9% (-0.19%)
11% less funds holding
Funds holding: 75 → 67 (-8)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
76
Doliver Advisors
Houston,
Texas
| – | -$422K | -31,531 | Closed |
|
|
CAS
77
CTC Alternative Strategies
Chicago,
Illinois
| – | -$368K | -27,520 | Closed |
|
|
LCM
78
Landscape Capital Management
Englewood,
New Jersey
| – | -$361K | -26,957 | Closed |
|
79
HighTower Advisors
Chicago,
Illinois
| – | -$276K | -20,623 | Closed |
|
|
SKK
80
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$245K | -18,314 | Closed |
|
|
CI
81
Cambiar Investors
Denver,
Colorado
| – | -$147K | -10,960 | Closed |
|
|
TC
82
TradeLink Capital
Chicago,
Illinois
| – | -$96K | -7,200 | Closed |
|
83
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$42K | -3,146 | Closed |
|
|
AWM
84
Avior Wealth Management
Omaha,
Nebraska
| – | -$13K | -1,000 | Closed |
|
|
NPC
85
National Planning Corporation
El Segundo,
California
| – | -$3.42K | -257 | Closed |
|
|
HW
86
Hedeker Wealth
Lincolnshire,
Illinois
| – | -$2K | -120 | Closed |
|
FRA Hedge Fund Activity: Q1 2015 in Review
67 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q1 2015, worth a combined $124M — up 6.1% from $117M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FRA and 13 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 19 added.
The largest buyer was Deutsche Bank, adding an estimated $1.75M. The largest seller was Aegon USA Investment Management, cutting an estimated $2.36M.
- 67 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q1 2015, down from 75 in Q4 2014.
- Funds reported $124M of BlackRock Floating Rate Income Strategies Fund stock for Q1 2015, up 6.1% quarter-over-quarter.
- 13 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q1 2015 and 20 closed out, a net change of -7 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q1 2015 was Deutsche Bank, an estimated $1.75M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q1 2015 was Aegon USA Investment Management, an estimated $2.36M sold.
Based on aggregated 13F filings for Q1 2015.