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BlackRock Floating Rate Income Strategies Fund
FRA

89 hedge funds and large institutions have $152M invested in BlackRock Floating Rate Income Strategies Fund in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% less capital invested

Capital invested by funds: $153M → $152M (-$756K)

1.25% less ownership

Funds ownership: 38.19% → 36.93% (-1.3%)

4% less funds holding

Funds holding: 93 → 89 (-4)

22% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 36

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
89
Holders Change
-4
Holders Change %
-4.3%
% of All Funds
1.8%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
8
Increased
28
Reduced
36
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$4.21M
2
RVPG
Relative Value Partners Group
+$1.23M
3
CIA
Capital Investment Advisors
Georgia
+$467K
4
PCM
Penserra Capital Management
California
+$402K
5
IWM
IHT Wealth Management
Illinois
+$334K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$5.65M
2
SCM
Saba Capital Management
New York
-$1.21M
3
PPA
Parametric Portfolio Associates
Washington
-$838K
4
SFS
Shaker Financial Services
Virginia
-$749K
5
CCP
Clough Capital Partners
Massachusetts
-$643K
Name Holding Trade Value Shares
Change 		Change in
Stake
GWM
76
Geneos Wealth Management
Colorado
$40K – – –
PFO
77
Pathstone Family Office
New Jersey
$40K +$28.1K +2,443 +244%
Citigroup
78
Citigroup
New York
$33K +$7.31K +635 +28%
SFS
79
Sowell Financial Services
Arkansas
$23K +$127 +11 +0.6%
PNC Financial Services Group
80
PNC Financial Services Group
Pennsylvania
$22K – – –
PAM
81
Panagora Asset Management
Massachusetts
$16K – – –
Barclays
82
Barclays
United Kingdom
$11K +$9.22K +801 New
EIP
83
Ellis Investment Partners
Pennsylvania
$10K +$207 +18 +2%
ASN
84
Advisory Services Network
Georgia
$8K +$7.59K +659 New
APA
85
American Portfolios Advisors
New York
$6.38K +$6.39K +555 New
BWA
86
Burt Wealth Advisors
Maryland
$6K – – –
HCM
87
Highlander Capital Management
New Jersey
$6K – – –
CCP
88
Clough Capital Partners
Massachusetts
– -$643K -57,554 Closed
SW
89
SVB Wealth
Massachusetts
– -$569K -50,930 Closed
Cohen & Steers
90
Cohen & Steers
New York
– -$440K -39,380 Closed
Goldman Sachs
91
Goldman Sachs
New York
– -$394K -35,271 Closed
LCM
92
Landscape Capital Management
New Jersey
– -$310K -27,692 Closed
RWM
93
RBA Wealth Management
California
– -$202K -18,105 Closed
CIBC World Market
94
CIBC World Market
Ontario, Canada
– -$182K -16,275 Closed
ACI
95
Alpha Cubed Investments
California
– -$134K -12,000 Closed
WCM
96
Whitener Capital Management
North Carolina
– -$127K -11,370 Closed
PAG
97
Private Advisor Group
New Jersey
– -$81K -7,270 Closed
VFA
98
Valeo Financial Advisors
Indiana
– -$20K -1,800 Closed
WLPWM
99
Walled Lake Planning & Wealth Management
Illinois
– +$12 +1 +3%
1 2 3
4

FRA Hedge Fund Activity: Q3 2020 in Review

89 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2020, worth a combined $152M — down 0.49% from $153M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FRA and 8 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 28 added.

The largest buyer was Morgan Stanley, adding an estimated $4.21M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.65M.

  • 89 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2020, down from 93 in Q2 2020.
  • Funds reported $152M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2020, down 0.49% quarter-over-quarter.
  • 8 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2020 and 12 closed out, a net change of -4 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2020 was Morgan Stanley, an estimated $4.21M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $5.65M sold.

Based on aggregated 13F filings for Q3 2020.