FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
14 hedge funds and large institutions have $18.4M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
16% more capital invested
Capital invested by funds: $15.9M → $18.4M (+$2.52M)
7% less funds holding
Funds holding: 15 → 14 (-1)
8.42% less ownership
Funds ownership: 93.63% → 85.21% (-8.4%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.98M |
| 2 |
Jane Street
New York
|
+$1.39M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$167K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$53.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
-$853K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$520K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$229K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$24.5K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.6K |
SKOR Hedge Fund Activity: Q2 2018 in Review
14 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q2 2018, worth a combined $18.4M — up 16% from $15.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SKOR and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.
The largest buyer was Northern Trust, adding an estimated $1.98M. The largest seller was US Bancorp, exiting entirely with an estimated $853K sold.
- 14 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q2 2018, down from 15 in Q1 2018.
- Funds reported $18.4M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q2 2018, up 16% quarter-over-quarter.
- 1 fund opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q2 2018 and 2 closed out, a net change of -1 holder.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q2 2018 was Northern Trust, an estimated $1.98M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q2 2018 was US Bancorp, an estimated $853K sold.
Based on aggregated 13F filings for Q2 2018.