BlackRock Floating Rate Income Strategies Fund
FRA
86 hedge funds and large institutions have $102M invested in BlackRock Floating Rate Income Strategies Fund in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
13% more capital invested
Capital invested by funds: $90.2M → $102M (+$11.8M)
6% more funds holding
Funds holding: 81 → 86 (+5)
2.57% more ownership
Funds ownership: 19.78% → 22.35% (+2.6%)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$13.1M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.89M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.22M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$786K |
| 5 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
-$2.82M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.05M |
| 3 |
BAM
Byrne Asset Management
Kingston,
New Jersey
|
-$624K |
| 4 |
JP Morgan Chase
New York
|
-$576K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$556K |
FRA Hedge Fund Activity: Q3 2024 in Review
86 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2024, worth a combined $102M — up 13% from $90.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRA positions and 7 closed out — a net gain of 5 holders — while 29 added to existing stakes and 27 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $13.1M. The largest seller was Congress Park Capital, exiting entirely with an estimated $2.82M sold.
- 86 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2024, up from 81 in Q2 2024.
- Funds reported $102M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2024, up 13% quarter-over-quarter.
- 12 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2024 and 7 closed out, a net change of +5 holders.
- The largest BlackRock Floating Rate Income Strategies Fund buyer in Q3 2024 was Penserra Capital Management, an estimated $13.1M added.
- The largest BlackRock Floating Rate Income Strategies Fund seller in Q3 2024 was Congress Park Capital, an estimated $2.82M sold.
Based on aggregated 13F filings for Q3 2024.