State Street Blackstone Senior Loan ETF
SRLN
85 hedge funds and large institutions have $475M invested in State Street Blackstone Senior Loan ETF in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 25 reducing their positions, and 15 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 25
0% more capital invested
Capital invested by funds: $473M → $475M (+$1.49M)
0.83% less ownership
Funds ownership: 60.31% → 59.48% (-0.83%)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
2% less funds holding
Funds holding: 87 → 85 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$12.3M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$5.37M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$4.03M |
| 4 |
Jane Street
New York
|
+$3.38M |
| 5 |
JP Morgan Chase
New York
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.19M |
| 3 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
-$3.53M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.19M |
| 5 |
Morgan Stanley
New York
|
-$2.26M |
SRLN Hedge Fund Activity: Q1 2016 in Review
85 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street Blackstone Senior Loan ETF (SRLN) for Q1 2016, worth a combined $475M — up 0.31% from $473M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SRLN and 14 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 37 added.
The largest buyer was LPL Financial, adding an estimated $12.3M. The largest seller was Credit Suisse, exiting entirely with an estimated $14.1M sold.
- 85 institutional investors held State Street Blackstone Senior Loan ETF (SRLN) as of Q1 2016, down from 87 in Q4 2015.
- Funds reported $475M of State Street Blackstone Senior Loan ETF stock for Q1 2016, up 0.31% quarter-over-quarter.
- 14 funds opened new State Street Blackstone Senior Loan ETF positions in Q1 2016 and 15 closed out, a net change of -1 holder.
- The largest State Street Blackstone Senior Loan ETF buyer in Q1 2016 was LPL Financial, an estimated $12.3M added.
- The largest State Street Blackstone Senior Loan ETF seller in Q1 2016 was Credit Suisse, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2016.