FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
9 hedge funds and large institutions have $12M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
71% more capital invested
Capital invested by funds: $7M → $12M (+$4.95M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
24.41% more ownership
Funds ownership: 40.55% → 64.96% (+24%)
13% more funds holding
Funds holding: 8 → 9 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.24M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$535K |
| 3 |
LPL Financial
San Diego,
California
|
+$115K |
| 4 |
Jane Street
New York
|
+$8.51K |
| 5 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$58 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.52M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$54.9K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$23K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$58 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CNBT
1
Cornerstone National Bank & Trust
Palatine,
Illinois
| $4.49M | +$4.46M | +77,501 | New |
|
|
2
LPL Financial
San Diego,
California
| $2.42M | +$115K | +1,992 | +5% |
|
|
3
Northern Trust
Chicago,
Illinois
| $1.45M | +$3.24M | +56,344 | +249% |
|
|
4
Jane Street
New York
| $1.43M | +$8.51K | +148 | +0.6% |
|
|
22CM
5
20/20 Capital Management
Costa Mesa,
California
| $1.23M | +$1.19M | +20,702 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $538K | +$535K | +9,297 | New |
|
|
7
Citadel Advisors
Miami,
Florida
| $314K | -$1.52M | -26,431 | -83% |
|
|
8
UBS Group
Zurich,
Switzerland
| $79K | -$54.9K | -954 | -41% |
|
|
FAAS
9
First Allied Advisory Services
San Diego,
California
| – | -$23K | -392 | Closed |
|
|
10
Wells Fargo
San Francisco,
California
| – | -$58 | -1 | Closed |
|
|
NR
11
Newfound Research
Wellesley Hills,
Massachusetts
| – | +$58 | +1 | +25% |
|
LKOR Hedge Fund Activity: Q4 2019 in Review
9 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q4 2019, worth a combined $12M — up 71% from $7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LKOR positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Northern Trust, adding an estimated $3.24M. The largest seller was Citadel Advisors, cutting an estimated $1.52M.
- 9 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q4 2019, up from 8 in Q3 2019.
- Funds reported $12M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q4 2019, up 71% quarter-over-quarter.
- 3 funds opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q4 2019 and 2 closed out, a net change of +1 holder.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q4 2019 was Northern Trust, an estimated $3.24M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q4 2019 was Citadel Advisors, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2019.