BlackRock Floating Rate Income Strategies Fund
FRA
88 hedge funds and large institutions have $144M invested in BlackRock Floating Rate Income Strategies Fund in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
28% more funds holding
Funds holding: 69 → 88 (+19)
0.12% more ownership
Funds ownership: 27.9% → 28.02% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $150M → $144M (-$6.3M)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$2.66M |
| 2 |
SRC
Shufro Rose & Co
New York
|
+$1.05M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.04M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$931K |
| 5 |
CS
Comerica Securities
Detroit,
Michigan
|
+$885K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.92M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$2.62M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$854K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
-$819K |
FRA Hedge Fund Activity: Q4 2017 in Review
88 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2017, worth a combined $144M — down 4.2% from $150M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FRA positions and 7 closed out — a net gain of 19 holders — while 23 added to existing stakes and 30 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $2.66M. The largest seller was Morgan Stanley, cutting an estimated $3.92M.
- 88 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2017, up from 69 in Q3 2017.
- Funds reported $144M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2017, down 4.2% quarter-over-quarter.
- 26 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2017 and 7 closed out, a net change of +19 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2017 was Relative Value Partners Group, an estimated $2.66M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2017 was Morgan Stanley, an estimated $3.92M sold.
Based on aggregated 13F filings for Q4 2017.