FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
34 hedge funds and large institutions have $292M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 8 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5% more capital invested
Capital invested by funds: $279M → $292M (+$13.4M)
3.37% less ownership
Funds ownership: 90.09% → 86.72% (-3.4%)
6% less funds holding
Funds holding: 36 → 34 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$13.8M |
| 2 |
HB
Horizon Bancorp
Michigan City,
Indiana
|
+$4.9M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$4.45M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.23M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$9.51M |
| 2 |
Jane Street
New York
|
-$2.57M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.23M |
| 4 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
-$1.48M |
| 5 |
Cerity Partners
New York
|
-$1.48M |
SKOR Hedge Fund Activity: Q1 2024 in Review
34 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q1 2024, worth a combined $292M — up 4.8% from $279M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SKOR and 6 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 18 added.
The largest buyer was Northern Trust, adding an estimated $13.8M. The largest seller was Redhawk Wealth Advisors, cutting an estimated $9.51M.
- 34 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q1 2024, down from 36 in Q4 2023.
- Funds reported $292M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q1 2024, up 4.8% quarter-over-quarter.
- 6 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q1 2024 and 8 closed out, a net change of -2 holders.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q1 2024 was Northern Trust, an estimated $13.8M added.
- The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q1 2024 was Redhawk Wealth Advisors, an estimated $9.51M sold.
Based on aggregated 13F filings for Q1 2024.