BlackRock Resources & Commodities Strategy Trust
BCX
40 hedge funds and large institutions have $136M invested in BlackRock Resources & Commodities Strategy Trust in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 5 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
48% more capital invested
Capital invested by funds: $92.4M → $136M (+$44.1M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
8.12% more ownership
Funds ownership: 17.13% → 25.25% (+8.1%)
5% more funds holding
Funds holding: 38 → 40 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$16.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.3M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$5.02M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.89M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.34M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1.77M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.57M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$739K |
BCX Hedge Fund Activity: Q4 2013 in Review
40 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2013, worth a combined $136M — up 48% from $92.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BCX positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $16.3M. The largest seller was Bank of America, cutting an estimated $2.4M.
- 40 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2013, up from 38 in Q3 2013.
- Funds reported $136M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2013, up 48% quarter-over-quarter.
- 7 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2013 and 5 closed out, a net change of +2 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2013 was 1607 Capital Partners, an estimated $16.3M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2013 was Bank of America, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2013.