BlackRock Resources & Commodities Strategy Trust
BCX
85 hedge funds and large institutions have $279M invested in BlackRock Resources & Commodities Strategy Trust in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 12 closing their positions.
10% more capital invested
Capital invested by funds: $254M → $279M (+$24.4M)
1.15% more ownership
Funds ownership: 33.39% → 34.54% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
3% less funds holding
Funds holding: 88 → 85 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$13.4M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$3.69M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.59M |
| 4 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
+$2.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.35M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.76M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.75M |
| 4 |
RA
Royce & Associates
New York
|
-$1.43M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.41M |
BCX Hedge Fund Activity: Q3 2016 in Review
85 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2016, worth a combined $279M — up 9.6% from $254M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BCX and 10 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 25 added.
The largest buyer was Lazard Asset Management, adding an estimated $13.4M. The largest seller was Morgan Stanley, cutting an estimated $6.35M.
- 85 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2016, down from 88 in Q2 2016.
- Funds reported $279M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2016, up 9.6% quarter-over-quarter.
- 10 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2016 and 12 closed out, a net change of -2 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2016 was Lazard Asset Management, an estimated $13.4M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2016 was Morgan Stanley, an estimated $6.35M sold.
Based on aggregated 13F filings for Q3 2016.