BlackRock Resources & Commodities Strategy Trust
BCX
125 hedge funds and large institutions have $264M invested in BlackRock Resources & Commodities Strategy Trust in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
8% more funds holding
Funds holding: 116 → 125 (+9)
4% more capital invested
Capital invested by funds: $255M → $264M (+$9.07M)
0.66% more ownership
Funds ownership: 31.85% → 32.51% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$7.56M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.02M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.77M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$6.41M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.91M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.47M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.3M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| $9 | – | – | – |
|
|
AC
127
Almitas Capital
Santa Monica,
California
| – | -$1.47M | -149,634 | Closed |
|
128
Walleye Capital
New York
| – | -$215K | -23,737 | Closed |
|
|
AWM
129
AE Wealth Management
Topeka,
Kansas
| – | -$96.8K | -10,677 | Closed |
|
|
AWA
130
Arete Wealth Advisors
Chicago,
Illinois
| – | -$95K | -10,489 | Closed |
|
|
PA
131
Parallel Advisors
San Francisco,
California
| – | -$30.8K | -3,396 | Closed |
|
|
SF
132
Safeguard Financial
Minocqua,
Wisconsin
| – | -$26K | -2,956 | Closed |
|
|
CP
133
Castleview Partners
Dallas,
Texas
| – | -$9.72K | -1,071 | Closed |
|
134
AssetMark Inc
Concord,
California
| – | -$5.03K | -555 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$145 | -16 | Closed |
|
BCX Hedge Fund Activity: Q3 2023 in Review
125 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2023, worth a combined $264M — up 3.6% from $255M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BCX positions and 9 closed out — a net gain of 11 holders — while 45 added to existing stakes and 36 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $7.56M. The largest seller was City of London Investment Management, cutting an estimated $6.41M.
- 125 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2023, up from 116 in Q2 2023.
- Funds reported $264M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2023, up 3.6% quarter-over-quarter.
- 20 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2023 and 9 closed out, a net change of +11 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2023 was Penserra Capital Management, an estimated $7.56M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2023 was City of London Investment Management, an estimated $6.41M sold.
Based on aggregated 13F filings for Q3 2023.