FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
7 hedge funds and large institutions have $4.8M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
25% more capital invested
Capital invested by funds: $3.85M → $4.8M (+$954K)
13% less funds holding
Funds holding: 8 → 7 (-1)
14.56% less ownership
Funds ownership: 74.16% → 59.6% (-15%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$136K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$618K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$482K |
| 3 |
Jane Street
New York
|
-$296K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$10.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.32K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $3.9M | -$482K | -9,132 | -4% |
|
2
LPL Financial
San Diego,
California
| $356K | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $152K | +$136K | +2,575 | +792% |
|
|
ASN
4
Advisory Services Network
Atlanta,
Georgia
| $142K | -$10.8K | -204 | -7% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $137K | -$1.32K | -25 | -0.9% |
|
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $120K | +$121K | +2,300 | New |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$618K | -11,265 | Closed |
|
|
8
Jane Street
New York
| – | -$296K | -5,410 | Closed |
|
LKOR Hedge Fund Activity: Q1 2018 in Review
7 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q1 2018, worth a combined $4.8M — up 25% from $3.85M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of LKOR and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $136K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $618K sold.
- 7 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q1 2018, down from 8 in Q4 2017.
- Funds reported $4.8M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q1 2018, up 25% quarter-over-quarter.
- 1 fund opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q1 2018 and 2 closed out, a net change of -1 holder.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q1 2018 was UBS Group, an estimated $136K added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q1 2018 was Susquehanna International Group, an estimated $618K sold.
Based on aggregated 13F filings for Q1 2018.