FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
23 hedge funds and large institutions have $138M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
0.84% less ownership
Funds ownership: 75.79% → 74.95% (-0.84%)
14% less capital invested
Capital invested by funds: $161M → $138M (-$22.8M)
15% less funds holding
Funds holding: 27 → 23 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPO
Cerity Partners OCIO
New York
|
+$2.85M |
| 2 |
BCM
Boltwood Capital Management
Walnut Creek,
California
|
+$1.07M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$982K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$317K |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$15.5M |
| 2 |
Jane Street
New York
|
-$10.9M |
| 3 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
-$6.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$510K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$214K | -4,056 | Closed |
|
|
CFGS
27
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$104K | -2,043 | Closed |
|
28
Osaic Holdings
Scottsdale,
Arizona
| – | -$32K | -600 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$9K | -167 | Closed |
|
30
JP Morgan Chase
New York
| – | -$6K | -122 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | -$51 | -1 | Closed |
|
SKOR Hedge Fund Activity: Q1 2022 in Review
23 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q1 2022, worth a combined $138M — down 14% from $161M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SKOR and 4 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Cerity Partners OCIO, adding an estimated $2.85M. The largest seller was Northern Trust, cutting an estimated $15.5M.
- 23 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q1 2022, down from 27 in Q4 2021.
- Funds reported $138M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q1 2022, down 14% quarter-over-quarter.
- 4 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q1 2022 and 8 closed out, a net change of -4 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q1 2022 was Cerity Partners OCIO, an estimated $2.85M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q1 2022 was Northern Trust, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2022.