BlackRock Floating Rate Income Strategies Fund
FRA
81 hedge funds and large institutions have $155M invested in BlackRock Floating Rate Income Strategies Fund in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 19 reducing their positions, and 6 closing their positions.
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
58% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 19
23% more funds holding
Funds holding: 66 → 81 (+15)
19% more capital invested
Capital invested by funds: $129M → $155M (+$25.2M)
5.58% more ownership
Funds ownership: 26.51% → 32.09% (+5.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$6.65M |
| 2 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
+$5M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.56M |
| 4 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$2.36M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$7.07M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.69M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.64M |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$1.17M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$938K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
76
Burt Wealth Advisors
North Bethesda,
Maryland
| $7K | – | – | – |
|
|
HCM
77
Highlander Capital Management
Short Hills,
New Jersey
| $7K | – | – | – |
|
|
AIM
78
Advantage Investment Management
Cedar Rapids,
Iowa
| $7K | +$6.63K | +518 | New |
|
|
PCM
79
Penserra Capital Management
Orinda,
California
| $6K | +$6.17K | +482 | New |
|
|
ASN
80
Advisory Services Network
Atlanta,
Georgia
| $5K | +$64 | +5 | +1% |
|
|
AIA
81
Allegis Investment Advisors
Idaho Falls,
Idaho
| $5K | +$5.16K | +403 | New |
|
|
HW
82
Hedeker Wealth
Lincolnshire,
Illinois
| $1K | +$1.54K | +120 | New |
|
|
ACI
83
Alpha Cubed Investments
Irvine,
California
| – | -$7.07M | -542,430 | Closed |
|
|
VKH
84
Virtu KCG Holdings
New York
| – | -$215K | -16,603 | Closed |
|
|
SI
85
SII Investments
Appleton,
Wisconsin
| – | -$132K | -10,220 | Closed |
|
|
VNA
86
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$37K | -2,829 | Closed |
|
|
RPG
87
Risk Paradigm Group
Austin,
Texas
| – | -$5.72K | -442 | Closed |
|
88
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -76 | Closed |
|
FRA Hedge Fund Activity: Q4 2015 in Review
81 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2015, worth a combined $155M — up 19% from $129M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FRA positions and 6 closed out — a net gain of 15 holders — while 30 added to existing stakes and 19 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $6.65M. The largest seller was Alpha Cubed Investments, exiting entirely with an estimated $7.07M sold.
- 81 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2015, up from 66 in Q3 2015.
- Funds reported $155M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2015, up 19% quarter-over-quarter.
- 21 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2015 and 6 closed out, a net change of +15 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2015 was Relative Value Partners Group, an estimated $6.65M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2015 was Alpha Cubed Investments, an estimated $7.07M sold.
Based on aggregated 13F filings for Q4 2015.