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BlackRock Floating Rate Income Strategies Fund
FRA

91 hedge funds and large institutions have $147M invested in BlackRock Floating Rate Income Strategies Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 29 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

16% more capital invested

Capital invested by funds: $126M → $147M (+$20.8M)

6.31% more ownership

Funds ownership: 27.16% → 33.47% (+6.3%)

0% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 29

5% less funds holding

Funds holding: 96 → 91 (-5)

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

Holders
91
Holders Change
-5
Holders Change %
-5.21%
% of All Funds
1.98%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
10
Increased
29
Reduced
29
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$26.1M
2
EVM
Eaton Vance Management
Massachusetts
+$3.35M
3
VEA
Virtus ETF Advisers
New York
+$2.26M
4
RCM
Rivernorth Capital Management
Florida
+$1.14M
5
Invesco
Invesco
Georgia
+$1.05M

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$1.53M
2
SFS
Shaker Financial Services
Virginia
-$1.41M
3
CRC
Curi RMB Capital
Illinois
-$1.16M
4
AAMU
Amundi Asset Management US
Massachusetts
-$1.13M
5
MWP
MYCIO Wealth Partners
Pennsylvania
-$1.03M
Name Holding Trade Value Shares
Change 		Change in
Stake
GWM
76
Geneos Wealth Management
Colorado
$34K – – –
APA
77
American Portfolios Advisors
New York
$29.5K -$4.5K -350 -13%
APSP
78
Asset Planning Services (Pennsylvania)
Pennsylvania
$22K +$360 +28 +2%
Northwestern Mutual Wealth Management
79
Northwestern Mutual Wealth Management
Wisconsin
$19K – – –
AF
80
Advisornet Financial
Minnesota
$14K +$14.1K +1,100 New
CFGS
81
Concourse Financial Group Securities
Alabama
$11K -$13.5K -1,049 -54%
EIP
82
Ellis Investment Partners
Pennsylvania
$10K +$10.2K +792 New
Fifth Third Bancorp
83
Fifth Third Bancorp
Ohio
$10K +$10.3K +800 New
RCM
84
Rivernorth Capital Management
Florida
$9.87K +$1.14M +88,313 +13%
BWA
85
Burt Wealth Advisors
Maryland
$7K – – –
HCM
86
Highlander Capital Management
New Jersey
$7K – – –
RIA
87
Realta Investment Advisors
Delaware
$3K – – –
Deutsche Bank
88
Deutsche Bank
Germany
$1K +$1.2K +93 New
AAMU
89
Amundi Asset Management US
Massachusetts
– -$1.13M -90,000 Closed
MWP
90
MYCIO Wealth Partners
Pennsylvania
– -$1.03M -82,625 Closed
Millennium Management
91
Millennium Management
New York
– -$412K -32,979 Closed
AWA
92
Arete Wealth Advisors
Illinois
– -$276K -22,086 Closed
BFM
93
Boothbay Fund Management
New York
– -$255K -20,425 Closed
MML Investors Services
94
MML Investors Services
Massachusetts
– -$201K -16,057 Closed
ASN
95
Advisory Services Network
Georgia
– -$150K -11,640 -100%
Susquehanna International Group
96
Susquehanna International Group
Pennsylvania
– -$142K -11,330 Closed
UR
97
USCA RIA
Texas
– -$126K -10,053 Closed
GSWM
98
Golden State Wealth Management
California
– -$87.4K -6,800 -100%
SWM
99
SeaCrest Wealth Management
New York
– -$51K -4,064 Closed
MPWT
100
MassMutual Private Wealth & Trust
Connecticut
– -$41.9K -3,350 Closed
1 2 3
4
5

FRA Hedge Fund Activity: Q2 2019 in Review

91 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q2 2019, worth a combined $147M — up 16% from $126M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FRA and 10 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 29 added.

The largest buyer was Saba Capital Management, adding an estimated $26.1M. The largest seller was Wells Fargo, cutting an estimated $1.53M.

  • 91 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q2 2019, down from 96 in Q1 2019.
  • Funds reported $147M of BlackRock Floating Rate Income Strategies Fund stock for Q2 2019, up 16% quarter-over-quarter.
  • 10 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q2 2019 and 14 closed out, a net change of -4 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q2 2019 was Saba Capital Management, an estimated $26.1M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q2 2019 was Wells Fargo, an estimated $1.53M sold.

Based on aggregated 13F filings for Q2 2019.