BlackRock Resources & Commodities Strategy Trust
BCX
49 hedge funds and large institutions have $174M invested in BlackRock Resources & Commodities Strategy Trust in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $144M → $174M (+$29.2M)
4% more funds holding
Funds holding: 47 → 49 (+2)
3.08% more ownership
Funds ownership: 26.94% → 30.02% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$9.33M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$8.37M |
| 3 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$1.59M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.74M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.07M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.71M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.63M |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
HighTower Advisors
Chicago,
Illinois
| – | -$157K | -13,613 | Closed |
|
|
KFS
52
KMS Financial Services
Seattle,
Washington
| – | -$146K | -12,734 | Closed |
|
53
AllianceBernstein
Nashville,
Tennessee
| – | -$99K | -8,616 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$6K | -500 | Closed |
|
|
AC
55
Alexandria Capital
Arlington,
Virginia
| – | -$24 | -2 | -33% |
|
BCX Hedge Fund Activity: Q2 2014 in Review
49 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q2 2014, worth a combined $174M — up 20% from $144M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BCX positions and 6 closed out — a net gain of 2 holders — while 20 added to existing stakes and 11 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $9.33M. The largest seller was Wolverine Asset Management, cutting an estimated $3.74M.
- 49 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q2 2014, up from 47 in Q1 2014.
- Funds reported $174M of BlackRock Resources & Commodities Strategy Trust stock for Q2 2014, up 20% quarter-over-quarter.
- 8 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q2 2014 and 6 closed out, a net change of +2 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q2 2014 was Lazard Asset Management, an estimated $9.33M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q2 2014 was Wolverine Asset Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q2 2014.