BlackRock Resources & Commodities Strategy Trust
BCX
111 hedge funds and large institutions have $289M invested in BlackRock Resources & Commodities Strategy Trust in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 43 reducing their positions, and 16 closing their positions.
13% more capital invested
Capital invested by funds: $257M → $289M (+$32.3M)
0.9% less ownership
Funds ownership: 37.9% → 37% (-0.9%)
4% less funds holding
Funds holding: 116 → 111 (-5)
19% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 43
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.35M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.17M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.26M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$942K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VSWA
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
|
-$2.77M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.56M |
| 3 |
Lazard Asset Management
New York
|
-$1.47M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$1.32M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| – | -$8 | -1 | -50% |
|
|
EWA
127
Evolution Wealth Advisors
Aventura,
Florida
| – | +$39 | +5 | New |
|
128
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$292 | +37 | +3,700% |
|
BCX Hedge Fund Activity: Q1 2019 in Review
111 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q1 2019, worth a combined $289M — up 13% from $257M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BCX and 11 opened new positions — a net loss of 5 holders — while 43 trimmed existing stakes and 35 added.
The largest buyer was Cornerstone Advisors, adding an estimated $2.35M. The largest seller was Vontobel Swiss Wealth Advisors, cutting an estimated $2.77M.
- 111 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q1 2019, down from 116 in Q4 2018.
- Funds reported $289M of BlackRock Resources & Commodities Strategy Trust stock for Q1 2019, up 13% quarter-over-quarter.
- 11 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q1 2019 and 16 closed out, a net change of -5 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q1 2019 was Cornerstone Advisors, an estimated $2.35M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q1 2019 was Vontobel Swiss Wealth Advisors, an estimated $2.77M sold.
Based on aggregated 13F filings for Q1 2019.