BlackRock Resources & Commodities Strategy Trust
BCX
86 hedge funds and large institutions have $326M invested in BlackRock Resources & Commodities Strategy Trust in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 17 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
1.95% less ownership
Funds ownership: 39.23% → 37.29% (-1.9%)
9% less funds holding
Funds holding: 94 → 86 (-8)
13% less capital invested
Capital invested by funds: $376M → $326M (-$50.3M)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.12M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.08M |
| 4 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
+$2.01M |
| 5 |
Morgan Stanley
New York
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$7.13M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.95M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.63M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$3.29M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
101
MGO One Seven
Beachwood,
Ohio
| – | -$55K | -5,594 | Closed |
|
|
DBT
102
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$10K | -1,039 | Closed |
|
|
CA
103
Calton & Associates
Tampa,
Florida
| – | -$5K | -588 | Closed |
|
104
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$10 | +1 | New |
|
|
SIS
105
Sound Income Strategies
Ft Lauderdale,
Florida
| – | +$86 | +9 | New |
|
BCX Hedge Fund Activity: Q1 2018 in Review
86 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q1 2018, worth a combined $326M — down 13% from $376M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BCX and 9 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 29 added.
The largest buyer was Ameriprise, adding an estimated $3.49M. The largest seller was Cornerstone Advisors, cutting an estimated $7.13M.
- 86 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q1 2018, down from 94 in Q4 2017.
- Funds reported $326M of BlackRock Resources & Commodities Strategy Trust stock for Q1 2018, down 13% quarter-over-quarter.
- 9 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q1 2018 and 17 closed out, a net change of -8 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q1 2018 was Ameriprise, an estimated $3.49M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q1 2018 was Cornerstone Advisors, an estimated $7.13M sold.
Based on aggregated 13F filings for Q1 2018.