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BlackRock Floating Rate Income Strategies Fund

100 hedge funds and large institutions have $125M invested in BlackRock Floating Rate Income Strategies Fund in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

4.24% more ownership

Funds ownership: 24.35%28.59% (+4.2%)

1% more funds holding

Funds holding: 99100 (+1)

8% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 24

11% less capital invested

Capital invested by funds: $140M → $125M (-$15M)

16% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 31

Holders
100
Holders Change
+1
Holders Change %
+1.01%
% of All Funds
2.23%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
26
Increased
26
Reduced
31
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
76
Neuberger Berman Group
New York
$140K
QCIG
77
Quad-Cities Investment Group
Iowa
$124K -$23.8K -1,850 -15%
SPIA
78
Steward Partners Investment Advisory
New York
$119K -$23.8K -1,850 -16%
AIC
79
Ameritas Investment Company
Nebraska
$75K +$81.4K +6,316 New
Cohen & Steers
80
Cohen & Steers
New York
$73K
Citigroup
81
Citigroup
New York
$69K -$17.2K -1,337 -19%
RFC
82
Regions Financial Corp
Alabama
$69K +$74K +5,743 +21,270%
PNC Financial Services Group
83
PNC Financial Services Group
Pennsylvania
$67K +$348 +27 +0.5%
SWM
84
SeaCrest Wealth Management
New York
$61K
NFG
85
Next Financial Group
Texas
$46K +$48.3K +3,750 +3,750%
APA
86
American Portfolios Advisors
New York
$41.1K
IA
87
IFP Advisors
Florida
$41K -$10.8K -841 -19%
MPWT
88
MassMutual Private Wealth & Trust
Connecticut
$39.9K
BFEC
89
Benjamin F. Edwards & Company
Missouri
$34K +$8.85K +687 +32%
GWM
90
Geneos Wealth Management
Colorado
$31K
APSP
91
Asset Planning Services (Pennsylvania)
Pennsylvania
$20K +$219 +17 +1%
TRCT
92
Tower Research Capital (TRC)
New York
$18K +$19.6K +1,520 New
CFGS
93
Concourse Financial Group Securities
Alabama
$16K +$17.9K +1,387 New
BWA
94
Burt Wealth Advisors
Maryland
$7K
HCM
95
Highlander Capital Management
New Jersey
$6K
Northwestern Mutual Wealth Management
96
Northwestern Mutual Wealth Management
Wisconsin
$6K
TCM
97
Tradewinds Capital Management
Washington
$5K +$103 +8 +2%
DWM
98
Destination Wealth Management
California
$2K +$2.33K +181 New
AAMU
99
Amundi Asset Management US
Massachusetts
$1.67K
NMC
100
Nine Masts Capital
Hong Kong
-$1.36M -98,900 Closed

FRA Hedge Fund Activity: Q4 2018 in Review

100 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2018, worth a combined $125M — down 11% from $140M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new FRA positions and 24 closed out — a net gain of 2 holders — while 26 added to existing stakes and 31 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $9.95M. The largest seller was Wells Fargo, cutting an estimated $8.49M.

  • 100 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2018, up from 99 in Q3 2018.
  • Funds reported $125M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2018, down 11% quarter-over-quarter.
  • 26 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2018 and 24 closed out, a net change of +2 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $9.95M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2018 was Wells Fargo, an estimated $8.49M sold.

Based on aggregated 13F filings for Q4 2018.