BlackRock Floating Rate Income Strategies Fund
FRA
88 hedge funds and large institutions have $103M invested in BlackRock Floating Rate Income Strategies Fund in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 7 closing their positions.
127% more capital inflows, than outflows
Capital inflows: $18.6M | Capital outflows: $8.17M
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
7% more funds holding
Funds holding: 82 → 88 (+6)
2.23% more ownership
Funds ownership: 19.96% → 22.19% (+2.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Penserra Capital Management
Orinda,
California
|
+$13.1M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.22M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
+$786K |
| 4 |
Edgemoor Investment Advisors
Bethesda,
Maryland
|
+$505K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Congress Park Capital
Saratoga Springs,
New York
|
-$2.82M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.05M |
| 3 |
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
88 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Strategies Fund (FRA) for Q3 2024, worth a combined $103M — up 13% from $91M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FRA positions and 7 closed out — a net gain of 6 holders — while 30 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.
- 88 institutional investors held BlackRock Floating Rate Income Strategies Fund (FRA) as of Q3 2024, up from 82 in Q2 2024.
- Funds reported $103M of BlackRock Floating Rate Income Strategies Fund stock for Q3 2024, up 13% quarter-over-quarter.
- 13 funds opened new BlackRock Floating Rate Income Strategies Fund positions in Q3 2024 and 7 closed out, a net change of +6 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.