BlackRock Resources & Commodities Strategy Trust
BCX
97 hedge funds and large institutions have $319M invested in BlackRock Resources & Commodities Strategy Trust in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
6% more capital invested
Capital invested by funds: $301M → $319M (+$17.4M)
4% more funds holding
Funds holding: 93 → 97 (+4)
0.6% more ownership
Funds ownership: 36.81% → 37.41% (+0.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$10.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.63M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.86M |
| 4 |
ICM
Ionic Capital Management
New York
|
+$2.15M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.83M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.93M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.95M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.35M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
101
Weiss Asset Management
Boston,
Massachusetts
| – | -$281K | -33,992 | Closed |
|
102
Bessemer Group
Woodbridge,
New Jersey
| – | -$265K | -32,000 | Closed |
|
|
RTS
103
Round Table Services
Westfield,
New Jersey
| – | -$246K | -29,800 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$196K | -23,648 | Closed |
|
|
TSS
105
Two Sigma Securities
New York
| – | -$141K | -17,070 | Closed |
|
|
TC
106
TFS Capital
West Chester,
Pennsylvania
| – | -$128K | -15,510 | Closed |
|
107
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$67K | -8,153 | Closed |
|
|
VCM
108
Versant Capital Management
Phoenix,
Arizona
| – | -$66K | -8,063 | Closed |
|
|
TWA
109
TCI Wealth Advisors
Tucson,
Arizona
| – | -$10K | -1,259 | Closed |
|
110
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -198 | Closed |
|
BCX Hedge Fund Activity: Q1 2017 in Review
97 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q1 2017, worth a combined $319M — up 5.8% from $301M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BCX positions and 13 closed out — a net gain of 5 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $10.1M. The largest seller was Wells Fargo, cutting an estimated $8.83M.
- 97 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q1 2017, up from 93 in Q4 2016.
- Funds reported $319M of BlackRock Resources & Commodities Strategy Trust stock for Q1 2017, up 5.8% quarter-over-quarter.
- 18 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q1 2017 and 13 closed out, a net change of +5 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q1 2017 was Lazard Asset Management, an estimated $10.1M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q1 2017 was Wells Fargo, an estimated $8.83M sold.
Based on aggregated 13F filings for Q1 2017.