BlackRock Capital Allocation Term Trust
BCAT
64 hedge funds and large institutions have $411M invested in BlackRock Capital Allocation Term Trust in 2021 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 22 increasing their positions, 5 reducing their positions, and 4 closing their positions.
675% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 4
340% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 5
73% more capital invested
Capital invested by funds: $237M → $411M (+$173M)
68% more funds holding
Funds holding: 38 → 64 (+26)
8.36% more ownership
Funds ownership: 10.48% → 18.84% (+8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$80.9M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$12.8M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.8M |
| 4 |
Cohen & Steers
New York
|
+$6.02M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$2.35M |
| 2 |
Morgan Stanley
New York
|
-$1.47M |
| 3 |
QP
Quilter Plc
London,
United Kingdom
|
-$672K |
| 4 |
S
SignatureFD
Atlanta,
Georgia
|
-$528K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$382K |
BCAT Hedge Fund Activity: Q4 2021 in Review
64 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Allocation Term Trust (BCAT) for Q4 2021, worth a combined $411M — up 73% from $237M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BCAT positions and 4 closed out — a net gain of 27 holders — while 22 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $80.9M. The largest seller was Corrado Advisors, exiting entirely with an estimated $2.35M sold.
- 64 institutional investors held BlackRock Capital Allocation Term Trust (BCAT) as of Q4 2021, up from 38 in Q3 2021.
- Funds reported $411M of BlackRock Capital Allocation Term Trust stock for Q4 2021, up 73% quarter-over-quarter.
- 31 funds opened new BlackRock Capital Allocation Term Trust positions in Q4 2021 and 4 closed out, a net change of +27 holders.
- The largest BlackRock Capital Allocation Term Trust buyer in Q4 2021 was Rivernorth Capital Management, an estimated $80.9M added.
- The largest BlackRock Capital Allocation Term Trust seller in Q4 2021 was Corrado Advisors, an estimated $2.35M sold.
Based on aggregated 13F filings for Q4 2021.