FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
36 hedge funds and large institutions have $193M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
48% more capital invested
Capital invested by funds: $130M → $193M (+$62.4M)
27.56% more ownership
Funds ownership: 53.93% → 81.49% (+28%)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
20% more funds holding
Funds holding: 30 → 36 (+6)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$58.6M |
| 2 |
Jane Street
New York
|
+$2.81M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$835K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$798K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$666K |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$518K |
| 3 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
-$433K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$426K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$418K |
SKOR Hedge Fund Activity: Q2 2023 in Review
36 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q2 2023, worth a combined $193M — up 48% from $130M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SKOR positions and 7 closed out — a net gain of 6 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Cerity Partners, opening a new position worth an estimated $58.6M. The largest seller was Citadel Advisors, cutting an estimated $666K.
- 36 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q2 2023, up from 30 in Q1 2023.
- Funds reported $193M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q2 2023, up 48% quarter-over-quarter.
- 13 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q2 2023 and 7 closed out, a net change of +6 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q2 2023 was Cerity Partners, an estimated $58.6M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q2 2023 was Citadel Advisors, an estimated $666K sold.
Based on aggregated 13F filings for Q2 2023.