FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
8 hedge funds and large institutions have $10.8M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
4% more capital invested
Capital invested by funds: $10.4M → $10.8M (+$430K)
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3.29% less ownership
Funds ownership: 89.13% → 85.84% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$2.78M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$741K |
| 3 |
LPL Financial
San Diego,
California
|
+$425K |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$201K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$823K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$284K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$186K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$93.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $3.42M | -$284K | -5,558 | -8% |
|
|
IA
2
IFP Advisors
Tampa,
Florida
| $3.27M | +$741K | +14,504 | +29% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.76M | +$193K | +3,773 | +12% |
|
|
4
Northern Trust
Chicago,
Illinois
| $1.49M | +$2.78M | +54,510 | +9% |
|
|
5
LPL Financial
San Diego,
California
| $425K | +$425K | +8,327 | New |
|
|
LNC
6
Lincoln National Corp
Radnor,
Pennsylvania
| $275K | -$93.4K | -1,829 | -25% |
|
|
WSTAM
7
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| $201K | +$201K | +3,935 | New |
|
|
NR
8
Newfound Research
Wellesley Hills,
Massachusetts
| $1K | – | – | – |
|
|
9
Jane Street
New York
| – | -$823K | -16,114 | Closed |
|
|
10
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$186K | -3,650 | Closed |
|
SKOR Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $10.8M — up 4.1% from $10.4M a quarter earlier.
Fund positioning in SKOR was balanced in Q3 2017: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Northern Trust, adding an estimated $2.78M. The largest seller was Jane Street, exiting entirely with an estimated $823K sold.
- 8 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $10.8M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q3 2017, up 4.1% quarter-over-quarter.
- 2 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q3 2017 and 2 closed out, a net change of 0 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q3 2017 was Northern Trust, an estimated $2.78M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q3 2017 was Jane Street, an estimated $823K sold.
Based on aggregated 13F filings for Q3 2017.