BlackRock Floating Rate Income Strategies Fund
FRA
82 hedge funds and large institutions have $91M invested in BlackRock Floating Rate Income Strategies Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 12 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.98% less ownership
Funds ownership: 22.94% → 19.96% (-3%)
9% less funds holding
Funds holding: 90 → 82 (-8)
13% less capital invested
Capital invested by funds: $104M → $91M (-$13.3M)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$712K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$603K |
| 3 |
Mariner
Overland Park,
Kansas
|
+$569K |
| 4 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
+$555K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$483K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.99M |
| 2 |
RVPG
Relative Value Partners Group
|
-$2.93M |
| 3 |
JRCM
Jones Road Capital Management
New York
|
-$2.71M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.59M |
| 5 |
BAM
Byrne Asset Management
Kingston,
New Jersey
|
-$1.57M |
FRA Hedge Fund Activity: Q2 2024 in Review
82 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q2 2024, worth a combined $91M — down 13% from $104M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FRA and 6 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was Congress Park Capital, adding an estimated $712K. The largest seller was Morgan Stanley, cutting an estimated $2.99M.
- 82 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q2 2024, down from 90 in Q1 2024.
- Funds reported $91M of BlackRock Floating Rate Income Strategies Fund stock for Q2 2024, down 13% quarter-over-quarter.
- 6 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q2 2024 and 12 closed out, a net change of -6 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q2 2024 was Congress Park Capital, an estimated $712K added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q2 2024 was Morgan Stanley, an estimated $2.99M sold.
Based on aggregated 13F filings for Q2 2024.