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BlackRock Floating Rate Income Strategies Fund
FRA

89 hedge funds and large institutions have $103M invested in BlackRock Floating Rate Income Strategies Fund in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

3% more funds holding

Funds holding: 86 → 89 (+3)

3.88% less ownership

Funds ownership: 26.65% → 22.77% (-3.9%)

13% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 32

13% less capital invested

Capital invested by funds: $119M → $103M (-$15.4M)

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
89
Holders Change
+3
Holders Change %
+3.49%
% of All Funds
1.28%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
12
Increased
28
Reduced
32
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$1.59M
2
LCWP
Legacy Capital Wealth Partners
Arkansas
+$1.22M
3
CPC
Congress Park Capital
New York
+$466K
4
AAM
Advisors Asset Management
Colorado
+$335K
5
EIA
Edgemoor Investment Advisors
Maryland
+$282K

Top Sellers

Rank Fund Capital Flow
1
WWMSC
Wagner Wealth Management (South Carolina)
South Carolina
-$7.92M
2
Morgan Stanley
Morgan Stanley
New York
-$6.39M
3
DADC
D.A. Davidson & Co
Montana
-$1.49M
4
Truist Financial
Truist Financial
North Carolina
-$1.32M
5
Invesco
Invesco
Georgia
-$1.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
NS
76
NBC Securities
Alabama
$112K – – –
AWM
77
Avior Wealth Management
Nebraska
$103K -$50.7K -4,000 -33%
PNC Financial Services Group
78
PNC Financial Services Group
Pennsylvania
$83.9K -$221K -17,457 -73%
CA
79
CoreCap Advisors
Michigan
$62.7K +$61.5K +4,850 New
AIM
80
Anchor Investment Management
South Carolina
$50.5K +$114 +9 +0.2%
Northwestern Mutual Wealth Management
81
Northwestern Mutual Wealth Management
Wisconsin
$38.8K +$2.23K +176 +6%
Carson Wealth (CWM LLC)
82
Carson Wealth (CWM LLC)
Nebraska
$38K +$495 +39 +1%
SSG
83
Summit Securities Group
New York
$38K +$37.2K +2,936 New
Comerica Bank
84
Comerica Bank
Texas
$36.9K – – –
DF
85
DecisionPoint Financial
Arizona
$28.7K +$27.9K +2,200 New
TRCT
86
Tower Research Capital (TRC)
New York
$10.8K +$10.6K +833 New
GWM
87
Geneos Wealth Management
Colorado
$10.3K – – –
CIBC Private Wealth Group
88
CIBC Private Wealth Group
Georgia
$5.59K +$5.45K +430 New
Citigroup
89
Citigroup
New York
$26 – – –
DADC
90
D.A. Davidson & Co
Montana
– -$1.49M -117,561 Closed
LCM
91
Landscape Capital Management
New Jersey
– -$841K -66,408 Closed
Koshinski Asset Management
92
Koshinski Asset Management
Illinois
– -$131K -10,379 Closed
LA
93
LM Advisors
California
– -$86.1K -6,800 Closed
BFEC
94
Benjamin F. Edwards & Company
Missouri
– -$47K -3,735 Closed
EC
95
Elequin Capital
New York
– -$30.9K -2,438 Closed
GI
96
Gradient Investments
Minnesota
– -$25.3K -2,000 Closed
MSWM
97
McGlone Suttner Wealth Management
Wisconsin
– -$25.3K -2,000 Closed
ASN
98
Advisory Services Network
Georgia
– -$380 -30 Closed
1 2 3
4

FRA Hedge Fund Activity: Q1 2024 in Review

89 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q1 2024, worth a combined $103M — down 13% from $119M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FRA positions and 9 closed out — a net gain of 3 holders — while 28 added to existing stakes and 32 trimmed.

The largest buyer was Bank of America, adding an estimated $1.59M. The largest seller was Wagner Wealth Management (South Carolina), cutting an estimated $7.92M.

  • 89 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q1 2024, up from 86 in Q4 2023.
  • Funds reported $103M of BlackRock Floating Rate Income Strategies Fund stock for Q1 2024, down 13% quarter-over-quarter.
  • 12 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q1 2024 and 9 closed out, a net change of +3 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q1 2024 was Bank of America, an estimated $1.59M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q1 2024 was Wagner Wealth Management (South Carolina), an estimated $7.92M sold.

Based on aggregated 13F filings for Q1 2024.