FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
8 hedge funds and large institutions have $7M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
0% more capital invested
Capital invested by funds: $6.98M → $7M (+$17K)
16.39% less ownership
Funds ownership: 56.94% → 40.55% (-16%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.89M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$132K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$22.3K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$57 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$2.83M |
| 2 |
Jane Street
New York
|
-$1.62M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$540K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$311K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $2.29M | +$1.89M | +33,141 | +493% |
|
|
2
Citadel Advisors
Miami,
Florida
| $1.83M | -$540K | -9,490 | -23% |
|
|
3
Jane Street
New York
| $1.42M | -$1.62M | -28,484 | -54% |
|
|
4
Northern Trust
Chicago,
Illinois
| $1.3M | -$2.83M | -49,618 | -69% |
|
|
5
UBS Group
Zurich,
Switzerland
| $133K | +$132K | +2,316 | New |
|
|
FAAS
6
First Allied Advisory Services
San Diego,
California
| $23K | +$22.3K | +392 | New |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| – | -$1.12M | -20,267 | Closed |
|
|
FTUS
8
Flow Traders U.S.
New York
| – | -$311K | -5,637 | Closed |
|
|
9
Wells Fargo
San Francisco,
California
| – | +$57 | +1 | New |
|
LKOR Hedge Fund Activity: Q3 2019 in Review
8 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q3 2019, worth a combined $7M — up 0.24% from $6.98M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LKOR positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.89M. The largest seller was Northern Trust, cutting an estimated $2.83M.
- 8 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q3 2019, up from 7 in Q2 2019.
- Funds reported $7M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q3 2019, up 0.24% quarter-over-quarter.
- 3 funds opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q3 2019 was LPL Financial, an estimated $1.89M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q3 2019 was Northern Trust, an estimated $2.83M sold.
Based on aggregated 13F filings for Q3 2019.