BlackRock Resources & Commodities Strategy Trust
BCX
48 hedge funds and large institutions have $165M invested in BlackRock Resources & Commodities Strategy Trust in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 5 closing their positions.
1.54% more ownership
Funds ownership: 30.02% → 31.56% (+1.5%)
5% less capital invested
Capital invested by funds: $174M → $165M (-$8.5M)
2% less funds holding
Funds holding: 49 → 48 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.8M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.35M |
| 3 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$502K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$226K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.48M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.17M |
| 3 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$2.11M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$560K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$394K |
BCX Hedge Fund Activity: Q3 2014 in Review
48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2014, worth a combined $165M — down 4.9% from $174M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BCX and 4 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $13.8M. The largest seller was Wolverine Asset Management, cutting an estimated $2.48M.
- 48 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2014, down from 49 in Q2 2014.
- Funds reported $165M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2014, down 4.9% quarter-over-quarter.
- 4 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2014 was Wells Fargo, an estimated $13.8M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2014 was Wolverine Asset Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2014.