Global Endowment Management’s BlackRock Credit Allocation Income Trust BTZ Stock Holding History

Global Endowment Management’s Portfolio BTZ Stock Details BTZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-100,000	Closed	-$1.34M	–	243
2017 Q2	$1.34M	Hold	100,000	–	–	0.18%	97
2017 Q1	$1.32M	Hold	100,000	–	–	0.19%	92
2016 Q4	$1.3M	Hold	100,000	–	–	0.2%	84
2016 Q3	$1.33M	Hold	100,000	–	–	0.22%	63
2016 Q2	$1.3M	Hold	100,000	–	–	0.28%	49
2016 Q1	$1.25M	Hold	100,000	–	–	0.27%	49
2015 Q4	$1.23M	Hold	100,000	–	–	0.23%	82
2015 Q3	$1.22M	Hold	100,000	–	–	0.18%	121
2015 Q2	$1.27M	Hold	100,000	–	–	0.18%	143
2015 Q1	$1.35M	Hold	100,000	–	–	0.21%	124
2014 Q4	$1.29M	Hold	100,000	–	–	0.22%	130
2014 Q3	$1.33M	Hold	100,000	–	–	0.2%	124
2014 Q2	$1.38M	Hold	100,000	–	–	0.21%	133
2014 Q1	$1.35M	Hold	100,000	–	–	0.21%	143
2013 Q4	$1.31M	Buy	100,000 +10,000	+11%	+$128K	0.26%	135
2013 Q3	$1.17M	Buy	90,000 +23,300	+35%	+$293K	0.29%	105
2013 Q2	$866K	Buy	+66,700	New	+$924K	0.24%	109

Other funds holding BTZ

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

RVPG

Relative Value Partners Group $772M AUM 15.6% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

SAMC

Spectrum Asset Management (Connecticut) Stamford, Connecticut $50M AUM 2.62% 1-Year Est. Return

Global Endowment Management's BTZ Position: Q3 2017 in Review

Global Endowment Management sold out of BlackRock Credit Allocation Income Trust (BTZ) in Q3 2017, closing a stake of 100,000 shares — an estimated $1.34M sold.

Global Endowment Management first reported a position in BTZ in Q2 2013 and held it in 17 quarters. The position peaked at $1.38M in Q2 2014. 113 funds tracked by Wall St. Rank hold BTZ as of Q3 2017.

Global Endowment Management reported no remaining BlackRock Credit Allocation Income Trust position as of Q3 2017 after selling out during the quarter.
Global Endowment Management sold 100,000 BlackRock Credit Allocation Income Trust shares in Q3 2017, an estimated $1.34M.
Global Endowment Management first reported a position in BlackRock Credit Allocation Income Trust in Q2 2013 and held it in 17 quarters.
Global Endowment Management's BlackRock Credit Allocation Income Trust position peaked at $1.38M in Q2 2014.
113 funds tracked by Wall St. Rank held BlackRock Credit Allocation Income Trust as of Q3 2017.

Based on Global Endowment Management's 13F filing for Q3 2017, filed 13 Nov 2017.