Northern Trust Credit-Scored US Corporate Bond ETF
SKOR
30 hedge funds and large institutions have $130M invested in Northern Trust Credit-Scored US Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 7 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 33 → 30 (-3)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
22.95% less ownership
Funds ownership: 76.88% → 53.93% (-23%)
28% less capital invested
Capital invested by funds: $182M → $130M (-$51.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$8.21M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$889K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$546K |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
+$528K |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$7.11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.18M |
| 3 |
IFA
Interactive Financial Advisors
New Lenox,
Illinois
|
-$1.07M |
| 4 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
-$366K |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$319K |
SKOR Hedge Fund Activity: Q1 2023 in Review
30 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) for Q1 2023, worth a combined $130M — down 28% from $182M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SKOR and 6 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 11 added.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $8.21M. The largest seller was Jane Street, cutting an estimated $7.11M.
- 30 institutional investors held Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) as of Q1 2023, down from 33 in Q4 2022.
- Funds reported $130M of Northern Trust Credit-Scored US Corporate Bond ETF stock for Q1 2023, down 28% quarter-over-quarter.
- 6 funds opened new Northern Trust Credit-Scored US Corporate Bond ETF positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest Northern Trust Credit-Scored US Corporate Bond ETF buyer in Q1 2023 was AE Wealth Management, an estimated $8.21M added.
- The largest Northern Trust Credit-Scored US Corporate Bond ETF seller in Q1 2023 was Jane Street, an estimated $7.11M sold.
Based on aggregated 13F filings for Q1 2023.