BlackRock Resources & Commodities Strategy Trust
BCX
77 hedge funds and large institutions have $276M invested in BlackRock Resources & Commodities Strategy Trust in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 17 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
1.16% less ownership
Funds ownership: 30.34% → 29.18% (-1.2%)
4% less funds holding
Funds holding: 80 → 77 (-3)
5% less capital invested
Capital invested by funds: $292M → $276M (-$15.5M)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.79M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.31M |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.53M |
| 5 |
Lazard Asset Management
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$13.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.65M |
| 3 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$4.44M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.71M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.63M |
BCX Hedge Fund Activity: Q1 2015 in Review
77 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q1 2015, worth a combined $276M — down 5.3% from $292M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BCX and 15 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 29 added.
The largest buyer was Morgan Stanley, adding an estimated $5.48M. The largest seller was Financial & Investment Management Group, cutting an estimated $13.4M.
- 77 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q1 2015, down from 80 in Q4 2014.
- Funds reported $276M of BlackRock Resources & Commodities Strategy Trust stock for Q1 2015, down 5.3% quarter-over-quarter.
- 15 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q1 2015 and 17 closed out, a net change of -2 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q1 2015 was Morgan Stanley, an estimated $5.48M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q1 2015 was Financial & Investment Management Group, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2015.