BlackRock Floating Rate Income Strategies Fund
FRA
69 hedge funds and large institutions have $149M invested in BlackRock Floating Rate Income Strategies Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
10% more capital invested
Capital invested by funds: $136M → $149M (+$13.1M)
1.88% more ownership
Funds ownership: 26.02% → 27.9% (+1.9%)
0% more funds holding
Funds holding: 69 → 69 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.48M |
| 2 |
RVPG
Relative Value Partners Group
|
+$3.25M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$2.92M |
| 4 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$1.08M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.32M |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$1.01M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$960K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$797K |
| 5 |
Morgan Stanley
New York
|
-$450K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
76
SII Investments
Appleton,
Wisconsin
| – | -$222K | -15,856 | Closed |
|
|
PAG
77
Private Advisor Group
Morristown,
New Jersey
| – | -$195K | -13,812 | Closed |
|
78
Creative Planning
Overland Park,
Kansas
| – | -$39K | -2,740 | Closed |
|
FRA Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $149M — up 9.6% from $136M a quarter earlier.
Fund positioning in FRA was balanced in Q3 2017: 9 funds opened new positions, 9 closed out, 28 added to existing stakes and 21 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.48M. The largest seller was Bank of America, cutting an estimated $1.32M.
- 69 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $149M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2017, up 9.6% quarter-over-quarter.
- 9 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2017 and 9 closed out, a net change of 0 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2017 was Wells Fargo, an estimated $5.48M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2017 was Bank of America, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2017.