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FlexShares Credit-Scored US Corporate Bond Index Fund

23 hedge funds and large institutions have $138M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

67% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 6

0.84% less ownership

Funds ownership: 75.79%74.95% (-0.84%)

14% less capital invested

Capital invested by funds: $161M → $138M (-$22.8M)

15% less funds holding

Funds holding: 2723 (-4)

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

Holders
23
Holders Change
-4
Holders Change %
-14.81%
% of All Funds
0.36%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
4
Increased
10
Reduced
6
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CPO
1
Cerity Partners OCIO
New York
$63.1M +$2.85M +55,860 +5%
CNBT
2
Cornerstone National Bank & Trust
Illinois
$41.2M -$6.53M -127,994 -13%
TC
3
Trilogy Capital
California
$14.4M +$35.8K +701 +0.2%
BCM
4
Boltwood Capital Management
California
$5.18M +$1.07M +21,035 +25%
Jane Street
5
Jane Street
New York
$3.94M -$10.9M -213,268 -73%
Citadel Advisors
6
Citadel Advisors
Florida
$3.65M +$982K +19,230 +36%
IFA
7
Interactive Financial Advisors
Illinois
$1.69M +$119K +2,340 +7%
KWM
8
Kingsview Wealth Management
Oregon
$1.02M +$317K +6,209 +44%
LPL Financial
9
LPL Financial
California
$797K
Northern Trust
10
Northern Trust
Illinois
$642K -$15.5M -303,558 -19%
SWRP
11
Summit Wealth & Retirement Planning
California
$606K -$83K -1,626 -12%
GM
12
GeoWealth Management
Illinois
$392K +$120K +2,352 +43%
FTUS
13
Flow Traders U.S.
New York
$278K -$510K -9,997 -64%
CW
14
CreativeOne Wealth
Kansas
$217K +$222K +4,358 New
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$149K
GRP
16
Global Retirement Partners
California
$146K +$155K +3,030 New
NFSG
17
Newbridge Financial Services Group
Florida
$140K +$6.79K +133 +5%
UBS Group
18
UBS Group
Switzerland
$110K +$111K +2,172 +5,298%
Bank of America
19
Bank of America
North Carolina
$63K -$276K -5,399 -81%
IA
20
IFP Advisors
Florida
$37K +$37.5K +734 New
HS
21
Horan Securities
United States
$26K +$2.19K +43 +9%
APA
22
American Portfolios Advisors
New York
$22.6K
Fifth Third Bancorp
23
Fifth Third Bancorp
Ohio
$8K +$8.22K +161 New
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
-$1.09M -20,695 Closed
PFPT
25
Pinnacle Financial Partners (Tennessee)
Tennessee
-$253K -4,800 Closed

SKOR Hedge Fund Activity: Q1 2022 in Review

23 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q1 2022, worth a combined $138M — down 14% from $161M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of SKOR and 4 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 10 added.

The largest buyer was Cerity Partners OCIO, adding an estimated $2.85M. The largest seller was Northern Trust, cutting an estimated $15.5M.

  • 23 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q1 2022, down from 27 in Q4 2021.
  • Funds reported $138M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q1 2022, down 14% quarter-over-quarter.
  • 4 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q1 2022 and 8 closed out, a net change of -4 holders.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q1 2022 was Cerity Partners OCIO, an estimated $2.85M added.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q1 2022 was Northern Trust, an estimated $15.5M sold.

Based on aggregated 13F filings for Q1 2022.