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FlexShares Credit-Scored US Corporate Bond Index Fund

36 hedge funds and large institutions have $279M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

22% more capital invested

Capital invested by funds: $228M → $279M (+$50.1M)

9% more funds holding

Funds holding: 3336 (+3)

6.62% more ownership

Funds ownership: 83.46%90.09% (+6.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 12

Holders
36
Holders Change
+3
Holders Change %
+9.09%
% of All Funds
0.52%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
10
Increased
11
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cerity Partners
1
Cerity Partners
New York
$89.4M -$1.34M -28,795 -2%
Northern Trust
2
Northern Trust
Illinois
$71.2M +$9.89M +213,151 +17%
CNBT
3
Cornerstone National Bank & Trust
Illinois
$26.7M -$3.02M -65,039 -10%
HTIM
4
Harbour Trust & Investment Management
Indiana
$14.2M +$13.7M +295,675 New
TC
5
Trilogy Capital
California
$13.6M -$542K -11,668 -4%
AWM
6
AE Wealth Management
Kansas
$13.3M +$2.36M +50,934 +22%
RWA
7
Redhawk Wealth Advisors
Minnesota
$10M +$9.69M +208,723 New
Bank of America
8
Bank of America
North Carolina
$5.73M +$841K +18,122 +18%
I
9
INVST
Indiana
$5.38M +$5.23M +112,703 New
BCM
10
Boltwood Capital Management
California
$4.44M -$734K -15,804 -15%
Stifel Financial
11
Stifel Financial
Missouri
$3.8M +$1.84M +39,595 +100%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$2.82M -$258K -5,556 -9%
Morgan Stanley
13
Morgan Stanley
New York
$2.76M +$1.89M +40,740 +242%
Jane Street
14
Jane Street
New York
$2.57M -$3.04M -65,392 -55%
Citadel Advisors
15
Citadel Advisors
Florida
$2.23M +$2.16M +46,444 New
LPL Financial
16
LPL Financial
California
$2.15M -$174K -3,747 -8%
KPWS
17
Kestra Private Wealth Services
Texas
$1.48M +$769K +16,556 +115%
CTWM
18
Cherry Tree Wealth Management
Minnesota
$1.21M +$21.9K +471 +2%
NFG
19
Nations Financial Group
Iowa
$987K +$31.6K +680 +3%
OMC
20
Old Mission Capital
Illinois
$750K +$725K +15,628 New
CA
21
CoreCap Advisors
Michigan
$593K +$64.2K +1,383 +13%
HIM
22
Hanlon Investment Management
New Jersey
$578K -$157K -3,377 -22%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$548K +$530K +11,419 New
KFG
24
Kingdom Financial Group
Arizona
$514K +$108K +2,335 +28%
MML Investors Services
25
MML Investors Services
Massachusetts
$333K -$573K -12,354 -64%

SKOR Hedge Fund Activity: Q4 2023 in Review

36 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q4 2023, worth a combined $279M — up 22% from $228M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SKOR positions and 6 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.

The largest buyer was Northern Trust, adding an estimated $9.89M. The largest seller was Jane Street, cutting an estimated $3.04M.

  • 36 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q4 2023, up from 33 in Q3 2023.
  • Funds reported $279M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q4 2023, up 22% quarter-over-quarter.
  • 10 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q4 2023 and 6 closed out, a net change of +4 holders.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q4 2023 was Northern Trust, an estimated $9.89M added.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q4 2023 was Jane Street, an estimated $3.04M sold.

Based on aggregated 13F filings for Q4 2023.