BlackRock Resources & Commodities Strategy Trust
BCX
80 hedge funds and large institutions have $292M invested in BlackRock Resources & Commodities Strategy Trust in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 38 increasing their positions, 6 reducing their positions, and 1 closing their positions.
3,300% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 1
533% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 6
77% more capital invested
Capital invested by funds: $165M → $292M (+$127M)
67% more funds holding
Funds holding: 48 → 80 (+32)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
1.22% less ownership
Funds ownership: 31.56% → 30.34% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$32.7M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$22.2M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$18.8M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.5M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.87M |
| 2 |
KIA
King Investment Advisors
Houston,
Texas
|
-$80.3K |
| 3 |
EWM
Evercore Wealth Management
New York
|
-$63K |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$62.7K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$15.6K |
BCX Hedge Fund Activity: Q4 2014 in Review
80 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2014, worth a combined $292M — up 77% from $165M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BCX positions and 1 closed out — a net gain of 33 holders — while 38 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $32.7M. The largest seller was Guggenheim Capital, cutting an estimated $1.87M.
- 80 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2014, up from 48 in Q3 2014.
- Funds reported $292M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2014, up 77% quarter-over-quarter.
- 34 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2014 and 1 closed out, a net change of +33 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2014 was Morgan Stanley, an estimated $32.7M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2014 was Guggenheim Capital, an estimated $1.87M sold.
Based on aggregated 13F filings for Q4 2014.