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BlackRock Floating Rate Income Strategies Fund
FRA

77 hedge funds and large institutions have $118M invested in BlackRock Floating Rate Income Strategies Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 27

3% less capital invested

Capital invested by funds: $121M → $118M (-$3.54M)

2.27% less ownership

Funds ownership: 29.67% → 27.4% (-2.3%)

10% less funds holding

Funds holding: 86 → 77 (-9)

56% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 16

Holders
77
Holders Change
-9
Holders Change %
-10.47%
% of All Funds
1.21%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
7
Increased
27
Reduced
27
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
WWMSC
Wagner Wealth Management (South Carolina)
South Carolina
+$1.29M
2
Bank of America
Bank of America
North Carolina
+$1.21M
3
JRCM
Jones Road Capital Management
New York
+$473K
4
Wells Fargo
Wells Fargo
California
+$304K
5
Osaic Holdings
Osaic Holdings
Arizona
+$269K

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$2.6M
2
LSC
Logan Stone Capital
Illinois
-$1.56M
3
RVPG
Relative Value Partners Group
-$1.33M
4
SFS
Shaker Financial Services
Virginia
-$1.3M
5
RCM
Rivernorth Capital Management
Florida
-$1.23M
Name Holding Trade Value Shares
Change 		Change in
Stake
RVPG
1
Relative Value Partners Group
$14.9M -$1.33M -112,369 -8%
LPL Financial
2
LPL Financial
California
$9.87M -$641K -54,249 -6%
Morgan Stanley
3
Morgan Stanley
New York
$9.46M -$2.6M -220,172 -22%
GC
4
Guggenheim Capital
Illinois
$9.27M -$493K -41,731 -5%
WWMSC
5
Wagner Wealth Management (South Carolina)
South Carolina
$8.42M +$1.29M +109,081 +19%
Invesco
6
Invesco
Georgia
$7.47M -$288K -24,394 -4%
Bank of America
7
Bank of America
North Carolina
$5.04M +$1.21M +102,273 +33%
Truist Financial
8
Truist Financial
North Carolina
$4.35M +$76K +6,426 +2%
Osaic Holdings
9
Osaic Holdings
Arizona
$4M +$269K +22,793 +7%
AAM
10
Advisors Asset Management
Colorado
$3.75M -$537K -45,398 -13%
BAM
11
Byrne Asset Management
New Jersey
$3.58M -$49.8K -4,210 -1%
COLIM
12
City of London Investment Management
United Kingdom
$2.74M -$177K -15,000 -6%
Rockefeller Capital Management
13
Rockefeller Capital Management
New York
$2.32M +$231K +19,553 +11%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$2.22M +$76.6K +6,481 +4%
UBS Group
15
UBS Group
Switzerland
$2.08M -$213K -18,055 -10%
JRCM
16
Jones Road Capital Management
New York
$1.75M +$473K +40,000 +39%
JP Morgan Chase
17
JP Morgan Chase
New York
$1.59M -$206K -17,442 -12%
Ameriprise
18
Ameriprise
Minnesota
$1.48M +$95.1K +8,048 +7%
DADC
19
D.A. Davidson & Co
Montana
$1.45M +$131K +11,071 +10%
Wells Fargo
20
Wells Fargo
California
$1.37M +$304K +25,680 +30%
CPC
21
Congress Park Capital
New York
$1.26M -$38.2K -3,230 -3%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$1.11M +$11.5K +970 +1%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$989K +$49.2K +4,160 +5%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$845K +$71.1K +6,018 +10%
MWM
25
Melfa Wealth Management
Massachusetts
$835K -$9.74K -824 -1%
1
2 3 4

FRA Hedge Fund Activity: Q2 2023 in Review

77 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q2 2023, worth a combined $118M — down 2.9% from $121M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FRA and 7 opened new positions — a net loss of 9 holders — while 27 trimmed existing stakes and 27 added.

The largest buyer was Wagner Wealth Management (South Carolina), adding an estimated $1.29M. The largest seller was Morgan Stanley, cutting an estimated $2.6M.

  • 77 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q2 2023, down from 86 in Q1 2023.
  • Funds reported $118M of BlackRock Floating Rate Income Strategies Fund stock for Q2 2023, down 2.9% quarter-over-quarter.
  • 7 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q2 2023 and 16 closed out, a net change of -9 holders.
  • The largest BlackRock Floating Rate Income Strategies Fund buyer in Q2 2023 was Wagner Wealth Management (South Carolina), an estimated $1.29M added.
  • The largest BlackRock Floating Rate Income Strategies Fund seller in Q2 2023 was Morgan Stanley, an estimated $2.6M sold.

Based on aggregated 13F filings for Q2 2023.