BlackRock Floating Rate Income Strategies Fund
FRA
88 hedge funds and large institutions have $108M invested in BlackRock Floating Rate Income Strategies Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1.69% more ownership
Funds ownership: 26.13% → 27.82% (+1.7%)
2% more capital invested
Capital invested by funds: $105M → $108M (+$2.45M)
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
6% less funds holding
Funds holding: 94 → 88 (-6)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.1M |
| 2 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$1.32M |
| 3 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$1.13M |
| 4 |
Morgan Stanley
New York
|
+$1.11M |
| 5 |
TLCM
Twin Lakes Capital Management
Redwood Shores,
California
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$3.11M |
| 2 |
MFG
Magnus Financial Group
New York
|
-$1.17M |
| 3 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$1.15M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$627K |
| 5 |
LP
Lloyd Park
Wilmette,
Illinois
|
-$509K |
FRA Hedge Fund Activity: Q3 2022 in Review
88 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2022, worth a combined $108M — up 2.3% from $105M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FRA and 7 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 28 added.
The largest buyer was LPL Financial, adding an estimated $10.1M. The largest seller was Eaton Vance Management, cutting an estimated $3.11M.
- 88 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2022, down from 94 in Q2 2022.
- Funds reported $108M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2022, up 2.3% quarter-over-quarter.
- 7 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2022 and 12 closed out, a net change of -5 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2022 was LPL Financial, an estimated $10.1M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2022 was Eaton Vance Management, an estimated $3.11M sold.
Based on aggregated 13F filings for Q3 2022.