BlackRock Resources & Commodities Strategy Trust
BCX
122 hedge funds and large institutions have $237M invested in BlackRock Resources & Commodities Strategy Trust in 2025 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 27 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
93% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 27
10% more funds holding
Funds holding: 111 → 122 (+11)
6% more capital invested
Capital invested by funds: $224M → $237M (+$13.4M)
0.46% less ownership
Funds ownership: 30.3% → 29.84% (-0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$7.27M |
| 2 |
Morgan Stanley
New York
|
+$3.97M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.37M |
| 4 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$1.24M |
| 5 |
1WA
180 Wealth Advisors
Federal Way,
Washington
|
+$632K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.5M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.76M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.16M |
| 4 |
SCM
Saba Capital Management
New York
|
-$4.06M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EC
126
Elequin Capital
New York
| – | -$229K | -24,252 | Closed |
|
127
Walleye Capital
New York
| – | -$95.6K | -10,117 | Closed |
|
|
WCM
128
WealthTrak Capital Management
Virginia Beach,
Virginia
| – | -$5.36K | -567 | Closed |
|
BCX Hedge Fund Activity: Q3 2025 in Review
122 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2025, worth a combined $237M — up 6% from $224M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BCX positions and 6 closed out — a net gain of 12 holders — while 52 added to existing stakes and 27 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $7.27M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $5.5M sold.
- 122 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2025, up from 111 in Q2 2025.
- Funds reported $237M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2025, up 6% quarter-over-quarter.
- 18 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2025 and 6 closed out, a net change of +12 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2025 was Lazard Asset Management, an estimated $7.27M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2025 was Penserra Capital Management, an estimated $5.5M sold.
Based on aggregated 13F filings for Q3 2025.