FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
8 hedge funds and large institutions have $14.2M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
19% more capital invested
Capital invested by funds: $12M → $14.2M (+$2.24M)
2.91% more ownership
Funds ownership: 64.96% → 67.88% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
11% less funds holding
Funds holding: 9 → 8 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$4.54M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$158K |
| 3 |
22CM
20/20 Capital Management
Costa Mesa,
California
|
+$4.63K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$58 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.01M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$538K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$314K |
| 4 |
LPL Financial
San Diego,
California
|
-$133K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$74.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CNBT
1
Cornerstone National Bank & Trust
Palatine,
Illinois
| $8.79M | +$4.54M | +78,462 | +101% |
|
|
2
LPL Financial
San Diego,
California
| $2.23M | -$133K | -2,295 | -5% |
|
|
3
Northern Trust
Chicago,
Illinois
| $1.56M | +$158K | +2,732 | +3% |
|
|
22CM
4
20/20 Capital Management
Costa Mesa,
California
| $1.19M | +$4.63K | +80 | +0.4% |
|
|
5
Jane Street
New York
| $416K | -$1.01M | -17,381 | -70% |
|
|
6
UBS Group
Zurich,
Switzerland
| $4K | -$74.6K | -1,290 | -95% |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$538K | -9,297 | Closed |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$314K | -5,416 | Closed |
|
|
9
Wells Fargo
San Francisco,
California
| – | +$58 | +1 | New |
|
LKOR Hedge Fund Activity: Q1 2020 in Review
8 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q1 2020, worth a combined $14.2M — up 19% from $12M 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 3 added.
The largest buyer was Cornerstone National Bank & Trust, adding an estimated $4.54M. The largest seller was Jane Street, cutting an estimated $1.01M.
- 8 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q1 2020, down from 9 in Q4 2019.
- Funds reported $14.2M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q1 2020, up 19% quarter-over-quarter.
- 1 fund opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q1 2020 and 2 closed out, a net change of -1 holder.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q1 2020 was Cornerstone National Bank & Trust, an estimated $4.54M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q1 2020 was Jane Street, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2020.