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FlexShares Credit-Scored US Corporate Bond Index Fund

39 hedge funds and large institutions have $343M invested in FlexShares Credit-Scored US Corporate Bond Index Fund in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 7

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

17% more capital invested

Capital invested by funds: $292M → $343M (+$50.6M)

15% more funds holding

Funds holding: 3439 (+5)

0.78% less ownership

Funds ownership: 86.72%85.94% (-0.78%)

Holders
39
Holders Change
+5
Holders Change %
+14.71%
% of All Funds
0.56%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
11
Increased
19
Reduced
7
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$112M +$27.4M +580,267 +33%
Cerity Partners
2
Cerity Partners
New York
$88.3M +$1.3M +27,444 +1%
CNBT
3
Cornerstone National Bank & Trust
Illinois
$24.8M -$124K -2,623 -0.5%
AWM
4
AE Wealth Management
Kansas
$21.9M +$4.28M +90,497 +24%
TC
5
Trilogy Capital
California
$18.3M +$4.83M +102,192 +36%
HTIM
6
Harbour Trust & Investment Management
Indiana
$14.3M +$158K +3,345 +1%
HB
7
Horizon Bancorp
Indiana
$8.93M +$4.03M +85,288 +83%
Jane Street
8
Jane Street
New York
$7.6M +$7.57M +160,015 New
Morgan Stanley
9
Morgan Stanley
New York
$6.12M +$3.74M +79,033 +158%
I
10
INVST
Indiana
$5.36M -$247K -5,222 -4%
Bank of America
11
Bank of America
North Carolina
$5.08M -$3.79M -80,236 -43%
TWP
12
Triad Wealth Partners
Kansas
$4.76M +$754K +15,944 +19%
Stifel Financial
13
Stifel Financial
Missouri
$4.4M +$433K +9,166 +11%
BCM
14
Boltwood Capital Management
California
$4.26M +$39.7K +840 +0.9%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$3.1M +$277K +5,849 +10%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$2.16M +$2.14M +45,325 New
LPL Financial
17
LPL Financial
California
$2.14M -$60.2K -1,272 -3%
KPWS
18
Kestra Private Wealth Services
Texas
$1.97M +$117K +2,476 +6%
CTWM
19
Cherry Tree Wealth Management
Minnesota
$1.17M +$4.11K +87 +0.4%
Citadel Advisors
20
Citadel Advisors
Florida
$1.04M +$1.04M +21,949 New
NFG
21
Nations Financial Group
Iowa
$972K -$111K -2,356 -10%
CA
22
CoreCap Advisors
Michigan
$713K +$10.3K +217 +1%
HIM
23
Hanlon Investment Management
New Jersey
$658K +$51.6K +1,091 +9%
MA
24
Mutual Advisors
Nebraska
$530K +$231K +4,888 +79%
RWA
25
Redhawk Wealth Advisors
Minnesota
$406K -$28.5K -603 -7%

SKOR Hedge Fund Activity: Q2 2024 in Review

39 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) for Q2 2024, worth a combined $343M — up 17% from $292M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new SKOR positions and 6 closed out — a net gain of 5 holders — while 19 added to existing stakes and 7 trimmed.

The largest buyer was Northern Trust, adding an estimated $27.4M. The largest seller was Bank of America, cutting an estimated $3.79M.

  • 39 institutional investors held FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) as of Q2 2024, up from 34 in Q1 2024.
  • Funds reported $343M of FlexShares Credit-Scored US Corporate Bond Index Fund stock for Q2 2024, up 17% quarter-over-quarter.
  • 11 funds opened new FlexShares Credit-Scored US Corporate Bond Index Fund positions in Q2 2024 and 6 closed out, a net change of +5 holders.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund buyer in Q2 2024 was Northern Trust, an estimated $27.4M added.
  • The largest FlexShares Credit-Scored US Corporate Bond Index Fund seller in Q2 2024 was Bank of America, an estimated $3.79M sold.

Based on aggregated 13F filings for Q2 2024.