FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
9 hedge funds and large institutions have $31.4M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
7% more capital invested
Capital invested by funds: $29.4M → $31.4M (+$1.95M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
2.49% less ownership
Funds ownership: 70.3% → 67.81% (-2.5%)
10% less funds holding
Funds holding: 10 → 9 (-1)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$1.38M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.02M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$285K |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$269K |
| 5 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1M |
| 2 |
22CM
20/20 Capital Management
Costa Mesa,
California
|
-$648K |
| 3 |
LPL Financial
San Diego,
California
|
-$164K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$93.8K |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $14.7M | +$1.02M | +16,107 | +6% |
|
|
CNBT
2
Cornerstone National Bank & Trust
Palatine,
Illinois
| $11.5M | +$1.38M | +21,849 | +14% |
|
|
3
LPL Financial
San Diego,
California
| $2.77M | -$164K | -2,597 | -6% |
|
|
4
Jane Street
New York
| $1.07M | -$1M | -15,889 | -48% |
|
|
SWRP
5
Summit Wealth & Retirement Planning
San Ramon,
California
| $464K | +$190K | +2,997 | +68% |
|
|
22CM
6
20/20 Capital Management
Costa Mesa,
California
| $309K | -$648K | -10,243 | -67% |
|
|
7
Envestnet Asset Management
Chicago,
Illinois
| $284K | +$285K | +4,510 | New |
|
|
CW
8
CreativeOne Wealth
Overland Park,
Kansas
| $267K | +$269K | +4,250 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| $46K | -$93.8K | -1,483 | -67% |
|
|
FHA
10
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$1K | -31 | Closed |
|
11
Wells Fargo
San Francisco,
California
| – | -$63 | -1 | Closed |
|
LKOR Hedge Fund Activity: Q4 2020 in Review
9 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q4 2020, worth a combined $31.4M — up 6.6% from $29.4M a quarter earlier.
Fund positioning in LKOR was balanced in Q4 2020: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 4 trimmed.
The largest buyer was Cornerstone National Bank & Trust, adding an estimated $1.38M. The largest seller was Jane Street, cutting an estimated $1M.
- 9 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q4 2020, down from 10 in Q3 2020.
- Funds reported $31.4M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q4 2020, up 6.6% quarter-over-quarter.
- 2 funds opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q4 2020 and 2 closed out, a net change of 0 holders.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q4 2020 was Cornerstone National Bank & Trust, an estimated $1.38M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q4 2020 was Jane Street, an estimated $1M sold.
Based on aggregated 13F filings for Q4 2020.