We are live on ! Find out more
BCAT icon

BlackRock Capital Allocation Term Trust
BCAT

27 hedge funds and large institutions have $111M invested in BlackRock Capital Allocation Term Trust in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 2

218% more capital invested

Capital invested by funds: $34.9M → $111M (+$76.1M)

200% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 2

80% more funds holding

Funds holding: 15 → 27 (+12)

3.41% more ownership

Funds ownership: 1.71% → 5.12% (+3.4%)

Holders
27
Holders Change
+12
Holders Change %
+80%
% of All Funds
0.48%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
6
Reduced
2
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$31.2M
2
Bank of America
Bank of America
North Carolina
+$23.6M
3
UBS Group
UBS Group
Switzerland
+$13.8M
4
Wells Fargo
Wells Fargo
California
+$2.54M
5
Osaic Holdings
Osaic Holdings
Arizona
+$1.41M

Top Sellers

Rank Fund Capital Flow
1
TAM
TFG Asset Management
Cayman Islands
-$2.46M
2
RCM
Rivernorth Capital Management
Florida
-$2.05M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$125K
4
HCA
Harbour Capital Advisors
Virginia
-$10.6K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$44.9M +$31.2M +1,475,123 +250%
Bank of America
2
Bank of America
North Carolina
$26.9M +$23.6M +1,113,686 +928%
UBS Group
3
UBS Group
Switzerland
$23.5M +$13.8M +650,772 +152%
Wells Fargo
4
Wells Fargo
California
$4.07M +$2.54M +119,845 +179%
CA
5
Corrado Advisors
New Jersey
$2.11M +$67.1K +3,166 +3%
Osaic Holdings
6
Osaic Holdings
Arizona
$1.45M +$1.41M +66,625 New
PFGIA
7
Patriot Financial Group Insurance Agency
Massachusetts
$1.42M – – –
WS
8
Wedbush Securities
California
$1.09M +$1.06M +50,060 New
Millennium Management
9
Millennium Management
New York
$670K +$652K +30,793 New
Truist Financial
10
Truist Financial
North Carolina
$601K +$585K +27,617 New
III
11
Independent Investors Inc
New York
$544K – – –
S
12
SignatureFD
Georgia
$544K – – –
TA
13
Tiedemann Advisors
New York
$544K – – –
MC
14
Mathes Company
New York
$490K +$74.1K +3,500 +18%
Stifel Financial
15
Stifel Financial
Missouri
$410K +$399K +18,851 New
RJA
16
Raymond James & Associates
Florida
$365K +$355K +16,775 New
UMC
17
United Maritime Capital
New York
$318K +$310K +14,625 New
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$275K +$268K +12,633 New
VF
19
Virtu Financial
New York
$257K +$250K +11,806 New
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$216K +$211K +9,944 New
BlackRock
21
BlackRock
New York
$109K – – –
PWM
22
Perigon Wealth Management
California
$76K +$74.1K +3,500 New
IAIM
23
International Assets Investment Management
Florida
$59K +$57.2K +2,700 New
TWP
24
TFO Wealth Partners
Ohio
$54K +$53K +2,500 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$43K -$125K -5,913 -75%
1
2

BCAT Hedge Fund Activity: Q4 2020 in Review

27 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Allocation Term Trust (BCAT) for Q4 2020, worth a combined $111M — up 218% from $34.9M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BCAT positions and 2 closed out — a net gain of 12 holders — while 6 added to existing stakes and 2 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $31.2M. The largest seller was TFG Asset Management, exiting entirely with an estimated $2.46M sold.

  • 27 institutional investors held BlackRock Capital Allocation Term Trust (BCAT) as of Q4 2020, up from 15 in Q3 2020.
  • Funds reported $111M of BlackRock Capital Allocation Term Trust stock for Q4 2020, up 218% quarter-over-quarter.
  • 14 funds opened new BlackRock Capital Allocation Term Trust positions in Q4 2020 and 2 closed out, a net change of +12 holders.
  • The largest BlackRock Capital Allocation Term Trust buyer in Q4 2020 was Morgan Stanley, an estimated $31.2M added.
  • The largest BlackRock Capital Allocation Term Trust seller in Q4 2020 was TFG Asset Management, an estimated $2.46M sold.

Based on aggregated 13F filings for Q4 2020.