FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
13 hedge funds and large institutions have $16M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 0 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
63% more funds holding
Funds holding: 8 → 13 (+5)
48% more capital invested
Capital invested by funds: $10.8M → $16M (+$5.15M)
11.04% more ownership
Funds ownership: 85.84% → 96.89% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$5.01M |
| 2 |
Jane Street
New York
|
+$1.05M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$801K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$432K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$51 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $3.86M | +$5.01M | +98,137 | +16% |
|
|
IA
2
IFP Advisors
Tampa,
Florida
| $3.69M | +$432K | +8,470 | +13% |
|
3
Bank of America
Charlotte,
North Carolina
| $3.46M | +$54.7K | +1,072 | +2% |
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.78M | +$26.2K | +514 | +1% |
|
|
5
Jane Street
New York
| $1.05M | +$1.05M | +20,627 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $799K | +$801K | +15,696 | New |
|
|
LNC
7
Lincoln National Corp
Radnor,
Pennsylvania
| $548K | +$274K | +5,375 | +100% |
|
8
LPL Financial
San Diego,
California
| $471K | +$47.7K | +936 | +11% |
|
|
WSTAM
9
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| $200K | – | – | – |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $76K | +$76.5K | +1,500 | New |
|
11
UBS Group
Zurich,
Switzerland
| $47K | +$47.2K | +925 | New |
|
12
Morgan Stanley
New York
| $4K | +$4.29K | +84 | New |
|
|
NR
13
Newfound Research
Wellesley Hills,
Massachusetts
| $1K | -$51 | -1 | -5% |
|
SKOR Hedge Fund Activity: Q4 2017 in Review
13 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q4 2017, worth a combined $16M — up 48% from $10.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SKOR positions and 0 closed out — a net gain of 5 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, adding an estimated $5.01M. The largest seller was Newfound Research, cutting an estimated $51.
- 13 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q4 2017, up from 8 in Q3 2017.
- Funds reported $16M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q4 2017, up 48% quarter-over-quarter.
- 5 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q4 2017 and 0 closed out, a net change of +5 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q4 2017 was Northern Trust, an estimated $5.01M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q4 2017 was Newfound Research, an estimated $51 sold.
Based on aggregated 13F filings for Q4 2017.