FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
16 hedge funds and large institutions have $82.6M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
58% more capital invested
Capital invested by funds: $52.3M → $82.6M (+$30.2M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 15 → 16 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.19% less ownership
Funds ownership: 87.34% → 84.15% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$17.6M |
| 2 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$7.81M |
| 3 |
Jane Street
New York
|
+$5.32M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.35M |
| 5 |
BCM
Boltwood Capital Management
Walnut Creek,
California
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.52M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$680K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$32.7K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$22K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$19.3K |
SKOR Hedge Fund Activity: Q3 2020 in Review
16 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q3 2020, worth a combined $82.6M — up 58% from $52.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SKOR positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Northern Trust, adding an estimated $17.6M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.52M sold.
- 16 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q3 2020, up from 15 in Q2 2020.
- Funds reported $82.6M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q3 2020, up 58% quarter-over-quarter.
- 4 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q3 2020 and 3 closed out, a net change of +1 holder.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q3 2020 was Northern Trust, an estimated $17.6M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q3 2020 was Susquehanna International Group, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2020.