FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
8 hedge funds and large institutions have $10.4M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
7% more capital invested
Capital invested by funds: $9.69M → $10.4M (+$717K)
11% less funds holding
Funds holding: 9 → 8 (-1)
16.39% less ownership
Funds ownership: 105.52% → 89.13% (-16%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$854K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$361K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$185K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$149K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$401K |
| 2 |
Jane Street
New York
|
-$281K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$8K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$3.65K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $3.7M | +$361K | +7,120 | +11% |
|
|
IA
2
IFP Advisors
Tampa,
Florida
| $2.53M | +$854K | +16,826 | +51% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.57M | +$110K | +2,171 | +8% |
|
|
4
Northern Trust
Chicago,
Illinois
| $1.23M | +$149K | +2,931 | +0.5% |
|
|
5
Jane Street
New York
| $823K | -$281K | -5,536 | -26% |
|
|
LNC
6
Lincoln National Corp
Radnor,
Pennsylvania
| $369K | -$3.65K | -72 | -1% |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $186K | +$185K | +3,650 | New |
|
|
NR
8
Newfound Research
Wellesley Hills,
Massachusetts
| $1K | – | – | – |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$401K | -7,960 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$8K | -150 | Closed |
|
SKOR Hedge Fund Activity: Q2 2017 in Review
8 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q2 2017, worth a combined $10.4M — up 7.4% from $9.69M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SKOR and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was IFP Advisors, adding an estimated $854K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $401K sold.
- 8 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q2 2017, down from 9 in Q1 2017.
- Funds reported $10.4M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q2 2017, up 7.4% quarter-over-quarter.
- 1 fund opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q2 2017 and 2 closed out, a net change of -1 holder.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q2 2017 was IFP Advisors, an estimated $854K added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q2 2017 was Susquehanna International Group, an estimated $401K sold.
Based on aggregated 13F filings for Q2 2017.