BlackRock Floating Rate Income Strategies Fund
FRA
99 hedge funds and large institutions have $140M invested in BlackRock Floating Rate Income Strategies Fund in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
12% more capital invested
Capital invested by funds: $126M → $140M (+$14.7M)
11% more funds holding
Funds holding: 89 → 99 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 24.37% → 24.35% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.24M |
| 2 |
SRC
Shufro Rose & Co
New York
|
+$1M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$690K |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$503K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.91M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$849K |
| 3 |
Morgan Stanley
New York
|
-$739K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$658K |
| 5 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$432K |
FRA Hedge Fund Activity: Q3 2018 in Review
99 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2018, worth a combined $140M — up 12% from $126M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FRA positions and 6 closed out — a net gain of 10 holders — while 36 added to existing stakes and 29 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $1.24M. The largest seller was Wells Fargo, cutting an estimated $1.91M.
- 99 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2018, up from 89 in Q2 2018.
- Funds reported $140M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2018, up 12% quarter-over-quarter.
- 16 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2018 and 6 closed out, a net change of +10 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2018 was Ladenburg Thalmann Financial Services, an estimated $1.24M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2018 was Wells Fargo, an estimated $1.91M sold.
Based on aggregated 13F filings for Q3 2018.