BlackRock Floating Rate Income Strategies Fund
FRA
96 hedge funds and large institutions have $141M invested in BlackRock Floating Rate Income Strategies Fund in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
5% more funds holding
Funds holding: 91 → 96 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
4% less capital invested
Capital invested by funds: $147M → $141M (-$6.12M)
1.29% less ownership
Funds ownership: 33.47% → 32.19% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.42M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.7M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.63M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.25M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$921K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$5.08M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$3.3M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$3.06M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.29M |
| 5 |
VEA
Virtus ETF Advisers
New York
|
-$2.25M |
FRA Hedge Fund Activity: Q3 2019 in Review
96 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2019, worth a combined $141M — down 4.2% from $147M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRA positions and 6 closed out — a net gain of 5 holders — while 31 added to existing stakes and 31 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $2.42M. The largest seller was Beach Point Capital Management, cutting an estimated $5.08M.
- 96 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2019, up from 91 in Q2 2019.
- Funds reported $141M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2019, down 4.2% quarter-over-quarter.
- 11 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2019 and 6 closed out, a net change of +5 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2019 was Curi RMB Capital, an estimated $2.42M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2019 was Beach Point Capital Management, an estimated $5.08M sold.
Based on aggregated 13F filings for Q3 2019.