BlackRock Floating Rate Income Strategies Fund
FRA
69 hedge funds and large institutions have $136M invested in BlackRock Floating Rate Income Strategies Fund in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1% more funds holding
Funds holding: 68 → 69 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 26.32% → 26.02% (-0.3%)
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
5% less capital invested
Capital invested by funds: $143M → $136M (-$6.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.73M |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$1.46M |
| 3 |
RVPG
Relative Value Partners Group
|
+$1.45M |
| 4 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
+$1.32M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$976K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.41M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.47M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.39M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.34M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$919K |
FRA Hedge Fund Activity: Q2 2017 in Review
69 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q2 2017, worth a combined $136M — down 4.5% from $143M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRA positions and 9 closed out — a net gain of 2 holders — while 23 added to existing stakes and 24 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $3.73M. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $4.41M sold.
- 69 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q2 2017, up from 68 in Q1 2017.
- Funds reported $136M of BlackRock Floating Rate Income Strategies Fund stock for Q2 2017, down 4.5% quarter-over-quarter.
- 11 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q2 2017 and 9 closed out, a net change of +2 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q2 2017 was Eaton Vance Management, an estimated $3.73M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q2 2017 was Westchester Capital Management (New York), an estimated $4.41M sold.
Based on aggregated 13F filings for Q2 2017.