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BlackRock Floating Rate Income Strategies Fund

82 hedge funds and large institutions have $125M invested in BlackRock Floating Rate Income Strategies Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 29

1.69% less ownership

Funds ownership: 28.33%26.65% (-1.7%)

5% less capital invested

Capital invested by funds: $132M → $125M (-$6.84M)

8% less funds holding

Funds holding: 8982 (-7)

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

Holders
82
Holders Change
-7
Holders Change %
-7.87%
% of All Funds
1.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
32
Reduced
29
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$23.5M +$235K +17,646 +1%
PPA
2
Parametric Portfolio Associates
Washington
$9.37M -$856K -64,253 -8%
Invesco
3
Invesco
Georgia
$8.62M -$550K -41,270 -6%
Morgan Stanley
4
Morgan Stanley
New York
$8.13M -$1.5M -112,262 -16%
GC
5
Guggenheim Capital
Illinois
$6.71M +$395K +29,651 +6%
RCM
6
Rivernorth Capital Management
Florida
$6.5M -$2.29M -171,534 -26%
Ameriprise
7
Ameriprise
Minnesota
$4.83M +$590K +44,252 +14%
AAM
8
Advisors Asset Management
Colorado
$4.49M -$189K -14,177 -4%
EVM
9
Eaton Vance Management
Massachusetts
$3.48M
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$2.98M +$266K +19,953 +10%
Rockefeller Capital Management
11
Rockefeller Capital Management
New York
$2.87M +$193K +14,500 +7%
UBS Group
12
UBS Group
Switzerland
$2.18M +$103K +7,760 +5%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$2.1M +$70.9K +5,317 +3%
NCM
14
Next Capital Management
New York
$2.09M -$1.8M -135,157 -46%
CPC
15
Congress Park Capital
New York
$1.76M +$126K +9,454 +8%
KAS
16
Kestra Advisory Services
Texas
$1.75M +$1.09M +81,741 +166%
SAM
17
Securian Asset Management
Minnesota
$1.57M +$68.7K +5,153 +5%
SFS
18
Shaker Financial Services
Virginia
$1.55M -$464K -34,824 -23%
Bank of America
19
Bank of America
North Carolina
$1.54M +$91.7K +6,881 +6%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$1.51M -$4.38K -329 -0.3%
JP Morgan Chase
21
JP Morgan Chase
New York
$1.39M
Osaic Holdings
22
Osaic Holdings
Arizona
$1.33M +$345K +25,908 +35%
DADC
23
D.A. Davidson & Co
Montana
$1.2M +$82.6K +6,197 +7%
WWMSC
24
Wagner Wealth Management (South Carolina)
South Carolina
$1.13M -$79.3K -5,953 -7%
PAS
25
Park Avenue Securities
New York
$1.06M +$80.1K +6,014 +8%

FRA Hedge Fund Activity: Q3 2021 in Review

82 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2021, worth a combined $125M — down 5.2% from $132M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FRA and 6 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 32 added.

The largest buyer was Kestra Advisory Services, adding an estimated $1.09M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.29M.

  • 82 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2021, down from 89 in Q2 2021.
  • Funds reported $125M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2021, down 5.2% quarter-over-quarter.
  • 6 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2021 and 12 closed out, a net change of -6 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2021 was Kestra Advisory Services, an estimated $1.09M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2021 was Rivernorth Capital Management, an estimated $2.29M sold.

Based on aggregated 13F filings for Q3 2021.