BlackRock Resources & Commodities Strategy Trust
BCX
94 hedge funds and large institutions have $376M invested in BlackRock Resources & Commodities Strategy Trust in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 26 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
38% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 26
14% more capital invested
Capital invested by funds: $329M → $376M (+$47.1M)
4% more funds holding
Funds holding: 90 → 94 (+4)
1.31% more ownership
Funds ownership: 37.93% → 39.23% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.62M |
| 2 |
Morgan Stanley
New York
|
+$4.25M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.86M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$692K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
-$2.29M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.09M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$814K |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$523K |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NPC
101
National Planning Corporation
El Segundo,
California
| – | -$94K | -10,551 | Closed |
|
|
HIIFS
102
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$11K | -1,200 | Closed |
|
|
ASN
103
Advisory Services Network
Atlanta,
Georgia
| – | -$2.12K | -235 | Closed |
|
104
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -106 | Closed |
|
BCX Hedge Fund Activity: Q4 2017 in Review
94 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2017, worth a combined $376M — up 14% from $329M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BCX positions and 8 closed out — a net gain of 4 holders — while 36 added to existing stakes and 26 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.62M. The largest seller was Penn Mutual Life Insurance, exiting entirely with an estimated $2.29M sold.
- 94 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2017, up from 90 in Q3 2017.
- Funds reported $376M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2017, up 14% quarter-over-quarter.
- 12 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2017 and 8 closed out, a net change of +4 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2017 was Wells Fargo, an estimated $5.62M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2017 was Penn Mutual Life Insurance, an estimated $2.29M sold.
Based on aggregated 13F filings for Q4 2017.