BlackRock Resources & Commodities Strategy Trust
BCX
135 hedge funds and large institutions have $276M invested in BlackRock Resources & Commodities Strategy Trust in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
8% more capital invested
Capital invested by funds: $255M → $276M (+$21.5M)
7% more funds holding
Funds holding: 126 → 135 (+9)
0% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 42
0.4% less ownership
Funds ownership: 29.67% → 29.27% (-0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
TTP Investments
San Jose,
California
|
+$6.01M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.67M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.53M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$2.16M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.79M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.67M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.61M |
| 4 |
Morgan Stanley
New York
|
-$2.93M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.79M |
BCX Hedge Fund Activity: Q1 2026 in Review
135 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q1 2026, worth a combined $276M — up 8.4% from $255M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BCX positions and 10 closed out — a net gain of 13 holders — while 42 added to existing stakes and 42 trimmed.
The largest buyer was TTP Investments, opening a new position worth an estimated $6.01M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $6.79M sold.
- 135 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q1 2026, up from 126 in Q4 2025.
- Funds reported $276M of BlackRock Resources & Commodities Strategy Trust stock for Q1 2026, up 8.4% quarter-over-quarter.
- 23 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q1 2026 and 10 closed out, a net change of +13 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q1 2026 was TTP Investments, an estimated $6.01M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q1 2026 was Rivernorth Capital Management, an estimated $6.79M sold.
Based on aggregated 13F filings for Q1 2026.