BlackRock Resources & Commodities Strategy Trust
BCX
99 hedge funds and large institutions have $301M invested in BlackRock Resources & Commodities Strategy Trust in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
2% more funds holding
Funds holding: 97 → 99 (+2)
10% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 31
0.84% more ownership
Funds ownership: 37.41% → 38.24% (+0.84%)
6% less capital invested
Capital invested by funds: $319M → $301M (-$18.1M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.13M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.57M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.33M |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
+$1.32M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$5.13M |
| 2 |
Lazard Asset Management
New York
|
-$2.1M |
| 3 |
RA
Royce & Associates
New York
|
-$1.92M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.61M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
101
Clough Capital Partners
Boston,
Massachusetts
| – | -$606K | -70,500 | Closed |
|
|
RJT
102
Raymond James Trust
St. Petersburg,
Florida
| – | -$155K | -17,944 | Closed |
|
|
SPC
103
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$122K | -14,209 | Closed |
|
|
COLIM
104
City of London Investment Management
London,
United Kingdom
| – | -$116K | -13,506 | Closed |
|
105
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$91K | -10,539 | Closed |
|
|
NFG
106
Next Financial Group
Houston,
Texas
| – | -$60K | -7,009 | Closed |
|
107
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -368 | Closed |
|
BCX Hedge Fund Activity: Q2 2017 in Review
99 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q2 2017, worth a combined $301M — down 5.7% from $319M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BCX positions and 8 closed out — a net gain of 3 holders — while 34 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.13M. The largest seller was Knightsbridge Asset Management, cutting an estimated $5.13M.
- 99 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q2 2017, up from 97 in Q1 2017.
- Funds reported $301M of BlackRock Resources & Commodities Strategy Trust stock for Q2 2017, down 5.7% quarter-over-quarter.
- 11 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q2 2017 and 8 closed out, a net change of +3 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q2 2017 was Wells Fargo, an estimated $7.13M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q2 2017 was Knightsbridge Asset Management, an estimated $5.13M sold.
Based on aggregated 13F filings for Q2 2017.