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BlackRock Floating Rate Income Strategies Fund
FRA

96 hedge funds and large institutions have $126M invested in BlackRock Floating Rate Income Strategies Fund in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 32

1% more capital invested

Capital invested by funds: $125M → $126M (+$1.23M)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

1.43% less ownership

Funds ownership: 28.59% → 27.16% (-1.4%)

4% less funds holding

Funds holding: 100 → 96 (-4)

Holders
96
Holders Change
-4
Holders Change %
-4%
% of All Funds
2.08%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
15
Increased
33
Reduced
32
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BPCM
Beach Point Capital Management
California
+$12M
2
SFS
Shaker Financial Services
Virginia
+$1.52M
3
SCM
Saba Capital Management
New York
+$741K
4
MIG
Mariner Investment Group
New York
+$706K
5
CRC
Curi RMB Capital
Illinois
+$619K

Top Sellers

Rank Fund Capital Flow
1
RCA
Restructuring Capital Associates
Connecticut
-$6.57M
2
Wells Fargo
Wells Fargo
California
-$2.02M
3
Morgan Stanley
Morgan Stanley
New York
-$1.75M
4
JIP
Jaffetilchin Investment Partners
Florida
-$1.21M
5
RCM
Rivernorth Capital Management
Florida
-$1.15M
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
76
IFP Advisors
Florida
$90K +$46.8K +3,707 +107%
GSWM
77
Golden State Wealth Management
California
$85K +$86K +6,807 New
PNC Financial Services Group
78
PNC Financial Services Group
Pennsylvania
$71K +$493 +39 +0.7%
Citigroup
79
Citigroup
New York
$68K -$4.36K -345 -6%
SWM
80
SeaCrest Wealth Management
New York
$51K -$13K -1,027 -20%
FANJ
81
Financial Architects (New Jersey)
New Jersey
$42K +$42.3K +3,350 New
MPWT
82
MassMutual Private Wealth & Trust
Connecticut
$41.9K – – –
PFPT
83
Pinnacle Financial Partners (Tennessee)
Tennessee
$39K +$39.8K +3,150 New
BFEC
84
Benjamin F. Edwards & Company
Missouri
$36K +$202 +16 +0.6%
APA
85
American Portfolios Advisors
New York
$33.1K -$10.1K -800 -23%
GWM
86
Geneos Wealth Management
Colorado
$33K – – –
CFGS
87
Concourse Financial Group Securities
Alabama
$24K +$6.84K +541 +39%
APSP
88
Asset Planning Services (Pennsylvania)
Pennsylvania
$21K +$442 +35 +2%
Northwestern Mutual Wealth Management
89
Northwestern Mutual Wealth Management
Wisconsin
$19K +$12.6K +1,000 +200%
PCG
90
Private Capital Group
Connecticut
$16K +$15.8K +1,250 New
BWA
91
Burt Wealth Advisors
Maryland
$7K – – –
HCM
92
Highlander Capital Management
New Jersey
$7K – – –
RIA
93
Realta Investment Advisors
Delaware
$3K +$3.3K +261 New
TA
94
TCG Advisors
Texas
$1K +$1.33K +105 New
RCA
95
Restructuring Capital Associates
Connecticut
– -$6.57M -551,777 Closed
JIP
96
Jaffetilchin Investment Partners
Florida
– -$1.21M -101,696 Closed
PPA
97
Parametric Portfolio Associates
Washington
– -$981K -82,397 Closed
WAM
98
Weiss Asset Management
Massachusetts
– -$919K -77,211 Closed
AC
99
Almitas Capital
California
– -$697K -58,572 Closed
COLIM
100
City of London Investment Management
United Kingdom
– -$628K -52,764 Closed
1 2 3
4
5

FRA Hedge Fund Activity: Q1 2019 in Review

96 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q1 2019, worth a combined $126M — up 0.99% from $125M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FRA and 15 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 33 added.

The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $12M. The largest seller was Restructuring Capital Associates, exiting entirely with an estimated $6.57M sold.

  • 96 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q1 2019, down from 100 in Q4 2018.
  • Funds reported $126M of BlackRock Floating Rate Income Strategies Fund stock for Q1 2019, up 0.99% quarter-over-quarter.
  • 15 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q1 2019 and 16 closed out, a net change of -1 holder.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q1 2019 was Beach Point Capital Management, an estimated $12M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q1 2019 was Restructuring Capital Associates, an estimated $6.57M sold.

Based on aggregated 13F filings for Q1 2019.