BlackRock Floating Rate Income Strategies Fund
FRA
75 hedge funds and large institutions have $173M invested in BlackRock Floating Rate Income Strategies Fund in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 10 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
13% more capital invested
Capital invested by funds: $154M → $173M (+$19.7M)
2.11% more ownership
Funds ownership: 31.21% → 33.32% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
1% less funds holding
Funds holding: 76 → 75 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$3.52M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.98M |
| 3 |
Morgan Stanley
New York
|
+$1.75M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.49M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.39M |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$933K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$499K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$446K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$311K |
FRA Hedge Fund Activity: Q3 2016 in Review
75 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2016, worth a combined $173M — up 13% from $154M a quarter earlier.
Fund positioning in FRA was balanced in Q3 2016: 10 funds opened new positions, 10 closed out, 33 added to existing stakes and 18 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $3.52M. The largest seller was Mariner Investment Group, cutting an estimated $1.39M.
- 75 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2016, down from 76 in Q2 2016.
- Funds reported $173M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2016, up 13% quarter-over-quarter.
- 10 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2016 and 10 closed out, a net change of 0 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2016 was Relative Value Partners Group, an estimated $3.52M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2016 was Mariner Investment Group, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2016.