BlackRock Floating Rate Income Strategies Fund
FRA
93 hedge funds and large institutions have $168M invested in BlackRock Floating Rate Income Strategies Fund in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
11% more capital invested
Capital invested by funds: $152M → $168M (+$16.3M)
4% more funds holding
Funds holding: 89 → 93 (+4)
1.92% more ownership
Funds ownership: 36.93% → 38.85% (+1.9%)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.84M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.48M |
| 3 |
JP Morgan Chase
New York
|
+$1.09M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.02M |
| 5 |
Morgan Stanley
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$5.85M |
| 2 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$1.3M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.05M |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$530K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$436K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WLPWM
101
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | -$190 | -16 | -48% |
|
102
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
FRA Hedge Fund Activity: Q4 2020 in Review
93 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2020, worth a combined $168M — up 11% from $152M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRA positions and 10 closed out — a net gain of 4 holders — while 33 added to existing stakes and 32 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.84M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $5.85M sold.
- 93 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2020, up from 89 in Q3 2020.
- Funds reported $168M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2020, up 11% quarter-over-quarter.
- 14 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2020 and 10 closed out, a net change of +4 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2020 was Rivernorth Capital Management, an estimated $5.84M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2020 was Oaktree Capital Management, an estimated $5.85M sold.
Based on aggregated 13F filings for Q4 2020.