BlackRock Floating Rate Income Strategies Fund
FRA
94 hedge funds and large institutions have $105M invested in BlackRock Floating Rate Income Strategies Fund in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
6% more funds holding
Funds holding: 89 → 94 (+5)
2.93% more ownership
Funds ownership: 23.2% → 26.13% (+2.9%)
1% less capital invested
Capital invested by funds: $106M → $105M (-$1.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$5.84M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.12M |
| 3 |
Morgan Stanley
New York
|
+$2.36M |
| 4 |
BAM
Byrne Asset Management
Kingston,
New Jersey
|
+$1.79M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.32M |
| 2 |
RVPG
Relative Value Partners Group
|
-$1.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.09M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$734K |
| 5 |
TLCM
Twin Lakes Capital Management
Redwood Shores,
California
|
-$650K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFWM
101
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$128K | -9,857 | Closed |
|
102
Koshinski Asset Management
Decatur,
Illinois
| – | -$90.9K | -6,983 | Closed |
|
|
MCC
103
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$29K | -2,200 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$21K | -1,623 | Closed |
|
|
APA
105
American Portfolios Advisors
Holbrook,
New York
| – | -$1.88K | -144 | Closed |
|
106
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
FRA Hedge Fund Activity: Q2 2022 in Review
94 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q2 2022, worth a combined $105M — down 1.3% from $106M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FRA positions and 13 closed out — a net gain of 6 holders — while 31 added to existing stakes and 24 trimmed.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $5.84M. The largest seller was Ameriprise, cutting an estimated $3.32M.
- 94 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q2 2022, up from 89 in Q1 2022.
- Funds reported $105M of BlackRock Floating Rate Income Strategies Fund stock for Q2 2022, down 1.3% quarter-over-quarter.
- 19 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q2 2022 and 13 closed out, a net change of +6 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q2 2022 was Oaktree Capital Management, an estimated $5.84M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q2 2022 was Ameriprise, an estimated $3.32M sold.
Based on aggregated 13F filings for Q2 2022.