BlackRock Floating Rate Income Strategies Fund
FRA
87 hedge funds and large institutions have $113M invested in BlackRock Floating Rate Income Strategies Fund in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more funds holding
Funds holding: 77 → 87 (+10)
0.41% less ownership
Funds ownership: 25.68% → 25.27% (-0.41%)
1% less capital invested
Capital invested by funds: $114M → $113M (-$1.41M)
33% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.06M |
| 2 |
JRCM
Jones Road Capital Management
New York
|
+$1.04M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$807K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$638K |
| 5 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.73M |
| 2 |
Morgan Stanley
New York
|
-$2.18M |
| 3 |
BAM
Byrne Asset Management
Kingston,
New Jersey
|
-$1.36M |
| 4 |
RVPG
Relative Value Partners Group
|
-$1.17M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$726K |
FRA Hedge Fund Activity: Q4 2023 in Review
87 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q4 2023, worth a combined $113M — down 1.2% from $114M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FRA positions and 4 closed out — a net gain of 12 holders — while 22 added to existing stakes and 33 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $1.06M. The largest seller was Osaic Holdings, cutting an estimated $3.73M.
- 87 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q4 2023, up from 77 in Q3 2023.
- Funds reported $113M of BlackRock Floating Rate Income Strategies Fund stock for Q4 2023, down 1.2% quarter-over-quarter.
- 16 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q4 2023 and 4 closed out, a net change of +12 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q4 2023 was Bank of Montreal, an estimated $1.06M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q4 2023 was Osaic Holdings, an estimated $3.73M sold.
Based on aggregated 13F filings for Q4 2023.