BlackRock Capital Allocation Term Trust
BCAT
76 hedge funds and large institutions have $383M invested in BlackRock Capital Allocation Term Trust in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
10% more funds holding
Funds holding: 69 → 76 (+7)
2.09% more ownership
Funds ownership: 22.99% → 25.08% (+2.1%)
1% more capital invested
Capital invested by funds: $378M → $383M (+$5.01M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.1M |
| 2 |
SCM
Saba Capital Management
New York
|
+$12.9M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$5.8M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.88M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$15.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.58M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.39M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.7M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$885K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
76
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $1K | – | – | – |
|
|
ARC
77
Advisor Resource Council
Dallas,
Texas
| – | -$1.7M | -116,096 | Closed |
|
|
WT
78
Whittier Trust
South Pasadena,
California
| – | -$220K | -15,000 | Closed |
|
|
CWS
79
Confluence Wealth Services
Mcmurray,
Pennsylvania
| – | -$221K | -14,113 | Closed |
|
|
CA
80
Cetera Advisors
Denver,
Colorado
| – | -$184K | -12,560 | Closed |
|
81
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$157K | -10,738 | Closed |
|
82
Truist Financial
Charlotte,
North Carolina
| – | -$153K | -10,433 | Closed |
|
BCAT Hedge Fund Activity: Q3 2022 in Review
76 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Allocation Term Trust (BCAT) for Q3 2022, worth a combined $383M — up 1.3% from $378M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BCAT positions and 6 closed out — a net gain of 7 holders — while 28 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.1M. The largest seller was Amplius Wealth Advisors, cutting an estimated $15.8M.
- 76 institutional investors held BlackRock Capital Allocation Term Trust (BCAT) as of Q3 2022, up from 69 in Q2 2022.
- Funds reported $383M of BlackRock Capital Allocation Term Trust stock for Q3 2022, up 1.3% quarter-over-quarter.
- 13 funds opened new BlackRock Capital Allocation Term Trust positions in Q3 2022 and 6 closed out, a net change of +7 holders.
- The largest BlackRock Capital Allocation Term Trust buyer in Q3 2022 was Morgan Stanley, an estimated $15.1M added.
- The largest BlackRock Capital Allocation Term Trust seller in Q3 2022 was Amplius Wealth Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2022.