FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
9 hedge funds and large institutions have $3.9M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
42% less capital invested
Capital invested by funds: $6.72M → $3.9M (-$2.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.23M |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$135K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$104K |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$39.8K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$35.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.39M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$774K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.71K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$882 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
1
MSI Financial Services
Springfield,
Massachusetts
| $1.66M | +$135K | +2,594 | +9% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $836K | -$774K | -14,909 | -48% |
|
|
WSTAM
3
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| $464K | +$39.8K | +766 | +9% |
|
|
LNC
4
Lincoln National Corp
Radnor,
Pennsylvania
| $342K | +$35.6K | +686 | +12% |
|
|
BC
5
Bartlett & Co
Cincinnati,
Ohio
| $259K | – | – | – |
|
|
6
Northern Trust
Chicago,
Illinois
| $221K | +$3.23M | +62,237 | +17% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $104K | +$104K | +2,000 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $10K | -$1.71K | -33 | -14% |
|
|
9
UBS Group
Zurich,
Switzerland
| $3K | -$882 | -17 | -25% |
|
|
10
Jane Street
New York
| – | -$2.39M | -46,011 | Closed |
|
SKOR Hedge Fund Activity: Q3 2016 in Review
9 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q3 2016, worth a combined $3.9M — down 42% from $6.72M a quarter earlier.
Fund positioning in SKOR was balanced in Q3 2016: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 3 trimmed.
The largest buyer was Northern Trust, adding an estimated $3.23M. The largest seller was Jane Street, exiting entirely with an estimated $2.39M sold.
- 9 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $3.9M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q3 2016, down 42% quarter-over-quarter.
- 1 fund opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q3 2016 and 1 closed out, a net change of 0 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q3 2016 was Northern Trust, an estimated $3.23M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q3 2016 was Jane Street, an estimated $2.39M sold.
Based on aggregated 13F filings for Q3 2016.