FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
9 hedge funds and large institutions have $28.1M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $30.3M → $28.1M (-$2.14M)
10% less funds holding
Funds holding: 10 → 9 (-1)
10.7% less ownership
Funds ownership: 66.11% → 55.4% (-11%)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.14M |
| 2 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$1.12M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$319K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$101K |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$92.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$3.03M |
| 2 |
Jane Street
New York
|
-$1.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.49M |
| 4 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
-$38.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$59 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CNBT
1
Cornerstone National Bank & Trust
Palatine,
Illinois
| $18.2M | +$1.12M | +19,012 | +7% |
|
|
2
Northern Trust
Chicago,
Illinois
| $5.83M | -$3.03M | -51,581 | -28% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.43M | +$1.14M | +19,463 | +476% |
|
4
LPL Financial
San Diego,
California
| $1.07M | +$44.6K | +759 | +5% |
|
|
5
Envestnet Asset Management
Chicago,
Illinois
| $443K | +$101K | +1,721 | +31% |
|
|
SWRP
6
Summit Wealth & Retirement Planning
San Ramon,
California
| $412K | -$38.8K | -661 | -9% |
|
|
7
Cetera Investment Advisers
Schaumburg,
Illinois
| $329K | +$319K | +5,433 | New |
|
|
CW
8
CreativeOne Wealth
Overland Park,
Kansas
| $258K | – | – | – |
|
|
SWM
9
Spire Wealth Management
Mclean,
Virginia
| $96K | +$92.9K | +1,582 | New |
|
|
10
Jane Street
New York
| – | -$1.9M | -33,002 | Closed |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$1.49M | -25,982 | Closed |
|
|
12
Wells Fargo
San Francisco,
California
| – | -$59 | -1 | Closed |
|
LKOR Hedge Fund Activity: Q2 2021 in Review
9 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q2 2021, worth a combined $28.1M — down 7.1% from $30.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LKOR and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.14M. The largest seller was Northern Trust, cutting an estimated $3.03M.
- 9 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q2 2021, down from 10 in Q1 2021.
- Funds reported $28.1M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q2 2021, down 7.1% quarter-over-quarter.
- 2 funds opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q2 2021 and 3 closed out, a net change of -1 holder.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q2 2021 was Susquehanna International Group, an estimated $1.14M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q2 2021 was Northern Trust, an estimated $3.03M sold.
Based on aggregated 13F filings for Q2 2021.