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FlexShares Credit-Scored US Corporate Bond Index Fund

33 hedge funds and large institutions have $182M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

59% more capital invested

Capital invested by funds: $114M → $182M (+$67.8M)

32% more funds holding

Funds holding: 2533 (+8)

5.03% more ownership

Funds ownership: 71.85%76.88% (+5%)

42% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 12

Holders
33
Holders Change
+8
Holders Change %
+32%
% of All Funds
0.53%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
11
Increased
7
Reduced
12
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$57.9M -$63K -1,367 -0.1%
CPO
2
Cerity Partners OCIO
New York
$55.3M +$925K +20,088 +2%
CNBT
3
Cornerstone National Bank & Trust
Illinois
$30.6M -$4.66M -101,284 -13%
TC
4
Trilogy Capital
California
$13.6M +$183K +3,976 +1%
Jane Street
5
Jane Street
New York
$9.35M +$7.37M +159,931 +384%
BCM
6
Boltwood Capital Management
California
$5.14M +$664K +14,426 +15%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.87M +$1.85M +40,220 New
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$1.8M +$1.79M +38,778 New
IFA
9
Interactive Financial Advisors
Illinois
$1.07M -$118K -2,561 -10%
Citadel Advisors
10
Citadel Advisors
Florida
$663K -$315K -6,845 -32%
HIM
11
Hanlon Investment Management
New Jersey
$572K +$568K +12,328 New
LPL Financial
12
LPL Financial
California
$547K -$13.1K -284 -2%
SWRP
13
Summit Wealth & Retirement Planning
California
$525K -$4.93K -107 -0.9%
KWM
14
Kingsview Wealth Management
Oregon
$515K -$279K -6,058 -35%
MML Investors Services
15
MML Investors Services
Massachusetts
$422K +$419K +9,096 New
CA
16
CoreCap Advisors
Michigan
$380K -$13.2K -286 -3%
GM
17
GeoWealth Management
Illinois
$319K -$16.8K -364 -5%
NA
18
NewEdge Advisors
Louisiana
$239K +$1.66K +36 +0.7%
NFG
19
Nations Financial Group
Iowa
$222K +$220K +4,781 New
GRP
20
Global Retirement Partners
California
$186K
Bank of America
21
Bank of America
North Carolina
$154K -$77.1K -1,675 -34%
NFSG
22
Newbridge Financial Services Group
Florida
$141K
US Bancorp
23
US Bancorp
Minnesota
$111K +$111K +2,400 New
Citigroup
24
Citigroup
New York
$67.2K +$43.8K +950 +190%
APC
25
Aspire Private Capital
North Carolina
$39K -$38.8K -842 -50%

SKOR Hedge Fund Activity: Q4 2022 in Review

33 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q4 2022, worth a combined $182M — up 59% from $114M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new SKOR positions and 2 closed out — a net gain of 9 holders — while 7 added to existing stakes and 12 trimmed.

The largest buyer was Jane Street, adding an estimated $7.37M. The largest seller was Cornerstone National Bank & Trust, cutting an estimated $4.66M.

  • 33 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q4 2022, up from 25 in Q3 2022.
  • Funds reported $182M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q4 2022, up 59% quarter-over-quarter.
  • 11 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q4 2022 and 2 closed out, a net change of +9 holders.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q4 2022 was Jane Street, an estimated $7.37M added.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q4 2022 was Cornerstone National Bank & Trust, an estimated $4.66M sold.

Based on aggregated 13F filings for Q4 2022.