BlackRock Resources & Commodities Strategy Trust
BCX
38 hedge funds and large institutions have $92.4M invested in BlackRock Resources & Commodities Strategy Trust in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
24% more capital invested
Capital invested by funds: $74.7M → $92.4M (+$17.7M)
12% more funds holding
Funds holding: 34 → 38 (+4)
3.22% more ownership
Funds ownership: 13.91% → 17.13% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$13.5M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.04M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.09M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.02M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$904K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.13M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$731K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$291K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$91.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IMS
26
Index Management Solutions
Philadelphia,
Pennsylvania
| $215K | +$217K | +18,583 | New |
|
|
TJHA
27
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $194K | – | – | – |
|
|
GEM
28
Global Endowment Management
Charlotte,
North Carolina
| $174K | – | – | – |
|
29
Comerica Bank
Dallas,
Texas
| $137K | +$138K | +11,790 | New |
|
|
WS
30
Wedbush Securities
Los Angeles,
California
| $131K | -$9.36K | -800 | -7% |
|
31
Nomura Holdings
Tokyo,
Japan
| $120K | -$56.5K | -4,833 | -32% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $58K | – | – | – |
|
|
WA
33
Waverly Advisors
Birmingham,
Alabama
| $54K | +$54.1K | +4,628 | New |
|
34
Citigroup
New York
| $53K | +$40.5K | +3,465 | +301% |
|
35
Barclays
London,
United Kingdom
| $20K | – | – | – |
|
|
MFS
36
MSI Financial Services
Springfield,
Massachusetts
| $8K | – | – | – |
|
37
Creative Planning
Overland Park,
Kansas
| $8K | +$7.97K | +681 | +3,584% |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$29K | -2,472 | Closed |
|
|
MCM
39
Manchester Capital Management
Manchester,
Vermont
| – | -$12K | -1,000 | Closed |
|
BCX Hedge Fund Activity: Q3 2013 in Review
38 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2013, worth a combined $92.4M — up 24% from $74.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BCX positions and 2 closed out — a net gain of 4 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $13.5M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.7M.
- 38 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $92.4M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2013, up 24% quarter-over-quarter.
- 6 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2013 and 2 closed out, a net change of +4 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2013 was 1607 Capital Partners, an estimated $13.5M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2013.