BlackRock Resources & Commodities Strategy Trust
BCX
116 hedge funds and large institutions have $255M invested in BlackRock Resources & Commodities Strategy Trust in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 16 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
1% more capital invested
Capital invested by funds: $253M → $255M (+$2.22M)
0.55% more ownership
Funds ownership: 31.3% → 31.85% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 125 → 116 (-9)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.71M |
| 2 |
Morgan Stanley
New York
|
+$2.48M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.43M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.67M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$10.1M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.54M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.05M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$687K |
| 5 |
4WM
44 Wealth Management
Eugene,
Oregon
|
-$667K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Mercer Global Advisors
Denver,
Colorado
| – | -$97K | -10,193 | Closed |
|
127
Truist Financial
Charlotte,
North Carolina
| – | -$96.9K | -10,162 | Closed |
|
|
EC
128
Elequin Capital
New York
| – | -$74K | -7,755 | Closed |
|
|
ASN
129
Advisory Services Network
Atlanta,
Georgia
| – | -$16.2K | -1,700 | Closed |
|
|
FFC
130
First Financial Corp
Terre Haute,
Indiana
| – | -$15.9K | -1,662 | Closed |
|
|
GI
131
Gradient Investments
Arden Hills,
Minnesota
| – | -$13.5K | -1,413 | Closed |
|
|
CM
132
Cornerstone Management
Duluth,
Georgia
| – | -$12.7K | -1,330 | Closed |
|
|
TWA
133
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2.28K | -239 | Closed |
|
BCX Hedge Fund Activity: Q2 2023 in Review
116 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q2 2023, worth a combined $255M — up 0.88% from $253M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BCX and 10 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 44 added.
The largest buyer was Saba Capital Management, adding an estimated $9.71M. The largest seller was City of London Investment Management, cutting an estimated $10.1M.
- 116 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q2 2023, down from 125 in Q1 2023.
- Funds reported $255M of BlackRock Resources & Commodities Strategy Trust stock for Q2 2023, up 0.88% quarter-over-quarter.
- 10 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q2 2023 and 16 closed out, a net change of -6 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q2 2023 was Saba Capital Management, an estimated $9.71M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q2 2023 was City of London Investment Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.