FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
10 hedge funds and large institutions have $30.3M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2021 Q1 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
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $31.4M → $30.3M (-$1.13M)
1.7% less ownership
Funds ownership: 67.81% → 66.11% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$5.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.54M |
| 3 |
Jane Street
New York
|
+$944K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$243K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$63.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$5.58M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.62M |
| 3 |
22CM
20/20 Capital Management
Costa Mesa,
California
|
-$309K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$46K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CNBT
1
Cornerstone National Bank & Trust
Palatine,
Illinois
| $16.2M | +$5.9M | +99,368 | +54% |
|
|
2
Northern Trust
Chicago,
Illinois
| $8.48M | -$5.58M | -93,974 | -34% |
|
|
3
Jane Street
New York
| $1.9M | +$944K | +15,911 | +93% |
|
|
4
Citadel Advisors
Miami,
Florida
| $1.49M | +$1.54M | +25,982 | New |
|
|
5
LPL Financial
San Diego,
California
| $967K | -$1.62M | -27,262 | -62% |
|
|
SWRP
6
Summit Wealth & Retirement Planning
San Ramon,
California
| $428K | +$3.86K | +65 | +0.9% |
|
|
7
Envestnet Asset Management
Chicago,
Illinois
| $321K | +$63.9K | +1,077 | +24% |
|
|
CW
8
CreativeOne Wealth
Overland Park,
Kansas
| $244K | – | – | – |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $235K | +$243K | +4,092 | New |
|
|
22CM
10
20/20 Capital Management
Costa Mesa,
California
| – | -$309K | -5,081 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$46K | -731 | Closed |
|
12
Wells Fargo
San Francisco,
California
| – | +$59 | +1 | New |
|
LKOR Hedge Fund Activity: Q1 2021 in Review
10 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q1 2021, worth a combined $30.3M — down 3.6% from $31.4M 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 Cornerstone National Bank & Trust, adding an estimated $5.9M. The largest seller was Northern Trust, cutting an estimated $5.58M.
- 10 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q1 2021, up from 9 in Q4 2020.
- Funds reported $30.3M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q1 2021, down 3.6% quarter-over-quarter.
- 3 funds opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q1 2021 and 2 closed out, a net change of +1 holder.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q1 2021 was Cornerstone National Bank & Trust, an estimated $5.9M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q1 2021 was Northern Trust, an estimated $5.58M sold.
Based on aggregated 13F filings for Q1 2021.