FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
9 hedge funds and large institutions have $18.1M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 5 closing their positions.
0.44% less ownership
Funds ownership: 85.21% → 84.76% (-0.44%)
1% less capital invested
Capital invested by funds: $18.4M → $18.1M (-$260K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
36% less funds holding
Funds holding: 14 → 9 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.53M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$4.81K |
| 3 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$1.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$591K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$302K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$269K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$261K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $11M | +$3.53M | +71,827 | +9% |
|
|
IA
2
IFP Advisors
Tampa,
Florida
| $3.04M | +$4.81K | +98 | +0.2% |
|
|
3
Jane Street
New York
| $1.62M | -$591K | -12,040 | -27% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.38M | -$269K | -5,489 | -16% |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $415K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $310K | -$302K | -6,159 | -49% |
|
|
WSTAM
7
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| $266K | +$1.96K | +40 | +0.7% |
|
8
UBS Group
Zurich,
Switzerland
| $83K | -$16.3K | -332 | -16% |
|
|
NR
9
Newfound Research
Wellesley Hills,
Massachusetts
| $1K | – | – | – |
|
|
LNC
10
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$261K | -5,339 | Closed |
|
|
11
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$166K | -3,400 | Closed |
|
12
Bank of America
Charlotte,
North Carolina
| – | -$74K | -1,521 | Closed |
|
13
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$27K | -546 | Closed |
|
14
Morgan Stanley
New York
| – | -$4K | -84 | Closed |
|
SKOR Hedge Fund Activity: Q3 2018 in Review
9 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q3 2018, worth a combined $18.1M — down 1.4% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SKOR and 0 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Northern Trust, adding an estimated $3.53M. The largest seller was Jane Street, cutting an estimated $591K.
- 9 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q3 2018, down from 14 in Q2 2018.
- Funds reported $18.1M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q3 2018, down 1.4% quarter-over-quarter.
- 0 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q3 2018 and 5 closed out, a net change of -5 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q3 2018 was Northern Trust, an estimated $3.53M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q3 2018 was Jane Street, an estimated $591K sold.
Based on aggregated 13F filings for Q3 2018.