BlackRock Capital Allocation Term Trust
BCAT
34 hedge funds and large institutions have $200M invested in BlackRock Capital Allocation Term Trust in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
26% more funds holding
Funds holding: 27 → 34 (+7)
23% more capital invested
Capital invested by funds: $163M → $200M (+$36.9M)
0.21% more ownership
Funds ownership: 7.94% → 8.15% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$927K |
| 4 |
Rockefeller Capital Management
New York
|
+$817K |
| 5 |
QP
Quilter Plc
London,
United Kingdom
|
+$706K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.28M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$625K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$59K |
| 4 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$41.4K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$28.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $214K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $206K | +$200K | +9,402 | New |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $188K | +$182K | +8,575 | New |
|
29
BlackRock
New York
| $109K | – | – | – |
|
|
NFSG
30
Newbridge Financial Services Group
Boca Raton,
Florida
| $71K | +$69K | +3,250 | New |
|
|
BAM
31
Barrett Asset Management
New York
| $55K | – | – | – |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| $16.4K | – | – | – |
|
|
WWMSC
33
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $11K | -$41.4K | -1,950 | -80% |
|
|
WQ
34
Wealth Quarterback
Toms River,
New Jersey
| $11K | +$9.79K | +461 | New |
|
|
SPIA
35
Steward Partners Investment Advisory
New York
| – | -$625K | -30,435 | Closed |
|
|
IAIM
36
International Assets Investment Management
Orlando,
Florida
| – | -$59K | -2,700 | Closed |
|
|
MPWT
37
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$4K | -200 | Closed |
|
BCAT Hedge Fund Activity: Q2 2021 in Review
34 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Allocation Term Trust (BCAT) for Q2 2021, worth a combined $200M — up 23% from $163M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BCAT positions and 3 closed out — a net gain of 7 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.2M. The largest seller was UBS Group, cutting an estimated $3.28M.
- 34 institutional investors held BlackRock Capital Allocation Term Trust (BCAT) as of Q2 2021, up from 27 in Q1 2021.
- Funds reported $200M of BlackRock Capital Allocation Term Trust stock for Q2 2021, up 23% quarter-over-quarter.
- 10 funds opened new BlackRock Capital Allocation Term Trust positions in Q2 2021 and 3 closed out, a net change of +7 holders.
- The largest BlackRock Capital Allocation Term Trust buyer in Q2 2021 was Morgan Stanley, an estimated $18.2M added.
- The largest BlackRock Capital Allocation Term Trust seller in Q2 2021 was UBS Group, an estimated $3.28M sold.
Based on aggregated 13F filings for Q2 2021.