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BlackRock Floating Rate Income Strategies Fund

96 hedge funds and large institutions have $120M invested in BlackRock Floating Rate Income Strategies Fund in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 8

11% more capital invested

Capital invested by funds: $108M → $120M (+$11.7M)

9% more funds holding

Funds holding: 8896 (+8)

2.34% more ownership

Funds ownership: 27.82%30.16% (+2.3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

36% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 36

Holders
96
Holders Change
+8
Holders Change %
+9.09%
% of All Funds
1.54%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
20
Increased
23
Reduced
36
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$15.7M +$9.81M +856,362 +160%
Morgan Stanley
2
Morgan Stanley
New York
$14.8M +$1.13M +98,222 +8%
LPL Financial
3
LPL Financial
California
$9.37M -$944K -82,388 -9%
GC
4
Guggenheim Capital
Illinois
$8.35M -$496K -43,284 -6%
Invesco
5
Invesco
Georgia
$6.99M +$473K +41,307 +7%
OCM
6
Oaktree Capital Management
California
$5.85M
WWMSC
7
Wagner Wealth Management (South Carolina)
South Carolina
$5.48M +$2.31M +201,332 +71%
Truist Financial
8
Truist Financial
North Carolina
$3.87M +$1.2M +105,013 +44%
AAM
9
Advisors Asset Management
Colorado
$3.82M -$770K -67,221 -17%
BAM
10
Byrne Asset Management
New Jersey
$3.64M -$735K -64,110 -17%
UBS Group
11
UBS Group
Switzerland
$2.22M +$26.7K +2,327 +1%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$1.94M -$3.16K -276 -0.2%
Rockefeller Capital Management
13
Rockefeller Capital Management
New York
$1.92M -$359K -31,305 -15%
LSC
14
Logan Stone Capital
Illinois
$1.63M +$1.46M +127,415 +725%
Osaic Holdings
15
Osaic Holdings
Arizona
$1.54M -$1.77M -154,897 -53%
RCM
16
Rivernorth Capital Management
Florida
$1.51M +$1.54M +134,361 New
Ameriprise
17
Ameriprise
Minnesota
$1.37M -$56.8K -4,957 -4%
JP Morgan Chase
18
JP Morgan Chase
New York
$1.32M +$159K +13,883 +13%
Bank of America
19
Bank of America
North Carolina
$1.21M -$266K -23,183 -18%
DADC
20
D.A. Davidson & Co
Montana
$1.09M +$59.8K +5,217 +6%
CPC
21
Congress Park Capital
New York
$1.05M -$15.2K -1,326 -1%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$1.02M -$57.4K -5,013 -5%
AA
23
Apriem Advisors
California
$983K -$68K -5,936 -6%
CIBC World Market
24
CIBC World Market
Ontario, Canada
$836K
MWM
25
Melfa Wealth Management
Massachusetts
$826K +$841K +73,401 New

FRA Hedge Fund Activity: Q4 2022 in Review

96 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2022, worth a combined $120M — up 11% from $108M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FRA positions and 8 closed out — a net gain of 12 holders — while 23 added to existing stakes and 36 trimmed.

The largest buyer was Relative Value Partners Group, adding an estimated $9.81M. The largest seller was Osaic Holdings, cutting an estimated $1.77M.

  • 96 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2022, up from 88 in Q3 2022.
  • Funds reported $120M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2022, up 11% quarter-over-quarter.
  • 20 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2022 and 8 closed out, a net change of +12 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2022 was Relative Value Partners Group, an estimated $9.81M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2022 was Osaic Holdings, an estimated $1.77M sold.

Based on aggregated 13F filings for Q4 2022.