BlackRock Resources & Commodities Strategy Trust
BCX
90 hedge funds and large institutions have $329M invested in BlackRock Resources & Commodities Strategy Trust in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 13 closing their positions.
10% more capital invested
Capital invested by funds: $301M → $329M (+$28.7M)
10% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 31
0.32% less ownership
Funds ownership: 38.24% → 37.93% (-0.32%)
9% less funds holding
Funds holding: 99 → 90 (-9)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.23M |
| 2 |
Morgan Stanley
New York
|
+$5.05M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.85M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.5M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.51M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.47M |
| 3 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
-$3.06M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.84M |
| 5 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$1.74M |
BCX Hedge Fund Activity: Q3 2017 in Review
90 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2017, worth a combined $329M — up 9.5% from $301M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BCX and 5 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 34 added.
The largest buyer was Wells Fargo, adding an estimated $5.23M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.51M.
- 90 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2017, down from 99 in Q2 2017.
- Funds reported $329M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2017, up 9.5% quarter-over-quarter.
- 5 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2017 and 13 closed out, a net change of -8 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2017 was Wells Fargo, an estimated $5.23M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2017 was Rivernorth Capital Management, an estimated $3.51M sold.
Based on aggregated 13F filings for Q3 2017.