FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
12 hedge funds and large institutions have $13.9M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
5.84% less ownership
Funds ownership: 89.44% → 83.61% (-5.8%)
8% less funds holding
Funds holding: 13 → 12 (-1)
57% less capital invested
Capital invested by funds: $32.1M → $13.9M (-$18.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.26M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$83.1K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$36.1K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$31K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$25.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$11.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.35M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$765K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$97.1K |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$4.53K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $6.23M | +$3.26M | +64,152 | +5% |
|
|
2
Jane Street
New York
| $5.45M | -$11.2M | -220,468 | -68% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $758K | -$1.35M | -26,631 | -65% |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $520K | +$36.1K | +710 | +8% |
|
|
WSTAM
5
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| $235K | -$4.53K | -89 | -2% |
|
|
6
Citadel Advisors
Miami,
Florida
| $208K | -$97.1K | -1,909 | -32% |
|
|
GRP
7
Global Retirement Partners
San Rafael,
California
| $195K | +$31K | +609 | +19% |
|
|
CFGS
8
Concourse Financial Group Securities
Birmingham,
Alabama
| $94K | +$25.4K | +500 | +38% |
|
9
UBS Group
Zurich,
Switzerland
| $88K | +$4.02K | +79 | +5% |
|
|
WAP
10
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $85K | +$83.1K | +1,635 | New |
|
|
AG
11
Advisor Group
Phoenix,
Arizona
| $29K | – | – | – |
|
|
NR
12
Newfound Research
Wellesley Hills,
Massachusetts
| $1K | – | – | – |
|
|
13
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$765K | -15,126 | Closed |
|
SKOR Hedge Fund Activity: Q2 2019 in Review
12 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q2 2019, worth a combined $13.9M — down 57% from $32.1M a quarter earlier.
Fund positioning in SKOR was balanced in Q2 2019: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 4 trimmed.
The largest buyer was Northern Trust, adding an estimated $3.26M. The largest seller was Jane Street, cutting an estimated $11.2M.
- 12 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q2 2019, down from 13 in Q1 2019.
- Funds reported $13.9M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q2 2019, down 57% quarter-over-quarter.
- 1 fund opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q2 2019 and 1 closed out, a net change of 0 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q2 2019 was Northern Trust, an estimated $3.26M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q2 2019 was Jane Street, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2019.