FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
36 hedge funds and large institutions have $279M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
22% more capital invested
Capital invested by funds: $228M → $279M (+$50.1M)
9% more funds holding
Funds holding: 33 → 36 (+3)
6.62% more ownership
Funds ownership: 83.46% → 90.09% (+6.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$9.89M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$9.69M |
| 3 |
I
INVST
Indianapolis,
Indiana
|
+$5.23M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.36M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.04M |
| 2 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
-$3.02M |
| 3 |
Cerity Partners
New York
|
-$1.34M |
| 4 |
BCM
Boltwood Capital Management
Walnut Creek,
California
|
-$734K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$573K |
SKOR Hedge Fund Activity: Q4 2023 in Review
36 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q4 2023, worth a combined $279M — up 22% from $228M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SKOR positions and 6 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Northern Trust, adding an estimated $9.89M. The largest seller was Jane Street, cutting an estimated $3.04M.
- 36 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q4 2023, up from 33 in Q3 2023.
- Funds reported $279M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q4 2023, up 22% quarter-over-quarter.
- 10 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q4 2023 and 6 closed out, a net change of +4 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q4 2023 was Northern Trust, an estimated $9.89M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q4 2023 was Jane Street, an estimated $3.04M sold.
Based on aggregated 13F filings for Q4 2023.