BlackRock Capital Allocation Term Trust
BCAT
38 hedge funds and large institutions have $237M invested in BlackRock Capital Allocation Term Trust in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 4 closing their positions.
3,627% more capital inflows, than outflows
Capital inflows: $58.1M | Capital outflows: $1.56M
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
12% more funds holding
Funds holding: 34 → 38 (+4)
2.34% more ownership
Funds ownership: 8.15% → 10.48% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$18.5M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.9M |
| 3 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$9.07M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.57M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiedemann Advisors
New York
|
-$547K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$270K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$214K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$188K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$187K |
BCAT Hedge Fund Activity: Q3 2021 in Review
38 of the 5,731 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Allocation Term Trust (BCAT) for Q3 2021, worth a combined $237M — up 19% from $200M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BCAT positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 5 trimmed.
The largest buyer was UBS Group, adding an estimated $18.5M. The largest seller was Tiedemann Advisors, exiting entirely with an estimated $547K sold.
- 38 institutional investors held BlackRock Capital Allocation Term Trust (BCAT) as of Q3 2021, up from 34 in Q2 2021.
- Funds reported $237M of BlackRock Capital Allocation Term Trust stock for Q3 2021, up 19% quarter-over-quarter.
- 8 funds opened new BlackRock Capital Allocation Term Trust positions in Q3 2021 and 4 closed out, a net change of +4 holders.
- The largest BlackRock Capital Allocation Term Trust buyer in Q3 2021 was UBS Group, an estimated $18.5M added.
- The largest BlackRock Capital Allocation Term Trust seller in Q3 2021 was Tiedemann Advisors, an estimated $547K sold.
Based on aggregated 13F filings for Q3 2021.