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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
CS
101
Comerica Securities
Michigan
-$1.26M -91,703 Closed
DA
102
Doliver Advisors
Texas
-$975K -70,736 Closed
AA
103
AlphaMark Advisors
Kentucky
-$718K -52,050 Closed
G
104
GenTrust
Florida
-$699K -50,741 Closed
KA
105
Klingman & Associates
New York
-$696K -50,436 Closed
DADC
106
D.A. Davidson & Co
Montana
-$567K -41,107 Closed
William Blair & Company
107
William Blair & Company
Illinois
-$337K -24,418 Closed
Susquehanna International Group
108
Susquehanna International Group
Pennsylvania
-$286K -20,735 Closed
RCA
109
Rowland Carmichael Advisors
Arizona
-$273K -19,814 Closed
MSU
110
Mizuho Securities USA
New York
-$207K -15,000 Closed
Bank of Montreal
111
Bank of Montreal
Ontario, Canada
-$191K -13,849 Closed
Cambridge Investment Research Advisors
112
Cambridge Investment Research Advisors
Iowa
-$173K -12,525 Closed
JFA
113
JNBA Financial Advisors
Minnesota
-$163K -11,800 Closed
PCM
114
Penserra Capital Management
California
-$104K -7,575 Closed
CWM
115
Cornerstone Wealth Management
Missouri
-$318K -4,547 Closed
SWP
116
Stratos Wealth Partners
Ohio
-$40K -2,876 Closed
M
117
MOTCO
Texas
-$23K -1,673 Closed
CPIG
118
Chicago Partners Investment Group
Illinois
-$17K -1,282 Closed
OFW
119
Omnia Family Wealth
Florida
-$9K -680 Closed
CFG
120
Citizens Financial Group
Rhode Island
-$7K -507 Closed
US Bancorp
121
US Bancorp
Minnesota
-$6K -464 Closed
WA
122
WP Advisors
California
-$2K -139 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.