BlackRock Capital Allocation Term Trust
BCAT
110 hedge funds and large institutions have $305M invested in BlackRock Capital Allocation Term Trust in 2026 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 23 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
74% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 23
11% more capital invested
Capital invested by funds: $275M → $305M (+$30.6M)
10% more funds holding
Funds holding: 100 → 110 (+10)
0.08% more ownership
Funds ownership: 18.12% → 18.2% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.7M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.23M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.34M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.53M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.29M |
| 5 |
Cohen & Steers
New York
|
-$1.15M |
BCAT Hedge Fund Activity: Q2 2026 in Review
110 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Allocation Term Trust (BCAT) for Q2 2026, worth a combined $305M — up 11% from $275M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BCAT positions and 11 closed out — a net gain of 14 holders — while 40 added to existing stakes and 23 trimmed.
The largest buyer was Ameriprise, adding an estimated $7.07M. The largest seller was Morgan Stanley, cutting an estimated $11.6M.
- 110 institutional investors held BlackRock Capital Allocation Term Trust (BCAT) as of Q2 2026, up from 100 in Q1 2026.
- Funds reported $305M of BlackRock Capital Allocation Term Trust stock for Q2 2026, up 11% quarter-over-quarter.
- 25 funds opened new BlackRock Capital Allocation Term Trust positions in Q2 2026 and 11 closed out, a net change of +14 holders.
- The largest BlackRock Capital Allocation Term Trust buyer in Q2 2026 was Ameriprise, an estimated $7.07M added.
- The largest BlackRock Capital Allocation Term Trust seller in Q2 2026 was Morgan Stanley, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2026.