BlackRock Resources & Commodities Strategy Trust
BCX
85 hedge funds and large institutions have $230M invested in BlackRock Resources & Commodities Strategy Trust in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 16 closing their positions.
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
6% more capital invested
Capital invested by funds: $216M → $230M (+$13.9M)
2% more funds holding
Funds holding: 83 → 85 (+2)
1.94% more ownership
Funds ownership: 30.68% → 32.62% (+1.9%)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.22M |
| 2 |
Lazard Asset Management
New York
|
+$3.57M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.1M |
| 4 |
RA
Royce & Associates
New York
|
+$3.07M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.07M |
| 2 |
Morgan Stanley
New York
|
-$4.21M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.54M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.18M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.02M |
BCX Hedge Fund Activity: Q4 2015 in Review
85 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2015, worth a combined $230M — up 6.5% from $216M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BCX positions and 16 closed out — a net gain of 2 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.22M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $9.07M sold.
- 85 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2015, up from 83 in Q3 2015.
- Funds reported $230M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2015, up 6.5% quarter-over-quarter.
- 18 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2015 and 16 closed out, a net change of +2 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2015 was Wells Fargo, an estimated $5.22M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2015 was Karpus Investment Management, an estimated $9.07M sold.
Based on aggregated 13F filings for Q4 2015.