FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
13 hedge funds and large institutions have $17.1M invested in FlexShares Credit-Scored US Long Corporate Bond Index Fund in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
20% more capital invested
Capital invested by funds: $14.2M → $17.1M (+$2.87M)
18% more funds holding
Funds holding: 11 → 13 (+2)
3.51% more ownership
Funds ownership: 47.42% → 50.93% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.36M |
| 2 |
Jane Street
New York
|
+$789K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$40.5K |
| 4 |
Morgan Stanley
New York
|
+$21.8K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$8.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
-$792K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$297K |
| 3 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
-$51.8K |
| 4 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
-$2K |
| 5 |
LPL Financial
San Diego,
California
|
-$287 |
LKOR Hedge Fund Activity: Q4 2023 in Review
13 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) for Q4 2023, worth a combined $17.1M — up 20% from $14.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LKOR positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $1.36M. The largest seller was Cornerstone National Bank & Trust, cutting an estimated $792K.
- 13 institutional investors held FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) as of Q4 2023, up from 11 in Q3 2023.
- Funds reported $17.1M of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock for Q4 2023, up 20% quarter-over-quarter.
- 3 funds opened new FlexShares Credit-Scored US Long Corporate Bond Index Fund positions in Q4 2023 and 1 closed out, a net change of +2 holders.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund buyer in Q4 2023 was Raymond James Financial Services Advisors, an estimated $1.36M added.
- The largest FlexShares Credit-Scored US Long Corporate Bond Index Fund seller in Q4 2023 was Cornerstone National Bank & Trust, an estimated $792K sold.
Based on aggregated 13F filings for Q4 2023.