BlackRock Resources & Commodities Strategy Trust
BCX
116 hedge funds and large institutions have $257M invested in BlackRock Resources & Commodities Strategy Trust in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 38 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
7% more funds holding
Funds holding: 108 → 116 (+8)
1.14% more ownership
Funds ownership: 36.76% → 37.9% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 38
20% less capital invested
Capital invested by funds: $320M → $257M (-$63.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.87M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.98M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.65M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$2.27M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.47M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$2M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.84M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.17M |
| 5 |
Lazard Asset Management
New York
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
126
Signet Financial Management
Parsippany,
New Jersey
| – | -$5K | -500 | Closed |
|
|
JCM
127
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$3.21K | -406 | -99% |
|
|
VFA
128
Valeo Financial Advisors
Carmel,
Indiana
| – | -$1K | -103 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | +$8 | +1 | +100% |
|
BCX Hedge Fund Activity: Q4 2018 in Review
116 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2018, worth a combined $257M — down 20% from $320M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BCX positions and 15 closed out — a net gain of 9 holders — while 32 added to existing stakes and 38 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $3.87M. The largest seller was Morgan Stanley, cutting an estimated $6.47M.
- 116 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2018, up from 108 in Q3 2018.
- Funds reported $257M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2018, down 20% quarter-over-quarter.
- 24 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2018 and 15 closed out, a net change of +9 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2018 was Curi RMB Capital, an estimated $3.87M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2018 was Morgan Stanley, an estimated $6.47M sold.
Based on aggregated 13F filings for Q4 2018.