State Street Blackstone Senior Loan ETF
SRLN
67 hedge funds and large institutions have $267M invested in State Street Blackstone Senior Loan ETF in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
5% more funds holding
Funds holding: 64 → 67 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $284M → $267M (-$17.3M)
8.28% less ownership
Funds ownership: 54.09% → 45.81% (-8.3%)
Top Buyers
| 1 |
U
UBS
Zurich,
Switzerland
|
+$8.86M |
| 2 |
Morgan Stanley
New York
|
+$7.69M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.26M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.66M |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$24.9M |
| 2 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
-$10.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.22M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.58M |
| 5 |
Jane Street
New York
|
-$3.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Verition Fund Management
Greenwich,
Connecticut
| – | -$274K | -5,500 | Closed |
|
77
Comerica Bank
Dallas,
Texas
| – | -$234K | -4,704 | Closed |
|
SRLN Hedge Fund Activity: Q4 2013 in Review
67 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street Blackstone Senior Loan ETF (SRLN) for Q4 2013, worth a combined $267M — down 6.1% from $284M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SRLN positions and 10 closed out — a net gain of 4 holders — while 27 added to existing stakes and 20 trimmed.
The largest buyer was UBS, adding an estimated $8.86M. The largest seller was Blackstone Inc, exiting entirely with an estimated $24.9M sold.
- 67 institutional investors held State Street Blackstone Senior Loan ETF (SRLN) as of Q4 2013, up from 64 in Q3 2013.
- Funds reported $267M of State Street Blackstone Senior Loan ETF stock for Q4 2013, down 6.1% quarter-over-quarter.
- 14 funds opened new State Street Blackstone Senior Loan ETF positions in Q4 2013 and 10 closed out, a net change of +4 holders.
- The largest State Street Blackstone Senior Loan ETF buyer in Q4 2013 was UBS, an estimated $8.86M added.
- The largest State Street Blackstone Senior Loan ETF seller in Q4 2013 was Blackstone Inc, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2013.