BlackRock Resources & Commodities Strategy Trust
BCX
107 hedge funds and large institutions have $320M invested in BlackRock Resources & Commodities Strategy Trust in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
6% more funds holding
Funds holding: 101 → 107 (+6)
0.15% less ownership
Funds ownership: 36.91% → 36.76% (-0.15%)
3% less capital invested
Capital invested by funds: $329M → $320M (-$9.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.3M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.58M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.53M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.35M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$9.29M |
| 2 |
RA
Royce & Associates
New York
|
-$1.37M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.24M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.19M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$804K |
BCX Hedge Fund Activity: Q3 2018 in Review
107 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2018, worth a combined $320M — down 2.9% from $329M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BCX positions and 10 closed out — a net gain of 7 holders — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $2.3M. The largest seller was Lazard Asset Management, cutting an estimated $9.29M.
- 107 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2018, up from 101 in Q2 2018.
- Funds reported $320M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2018, down 2.9% quarter-over-quarter.
- 17 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2018 and 10 closed out, a net change of +7 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2018 was Cornerstone Advisors, an estimated $2.3M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2018 was Lazard Asset Management, an estimated $9.29M sold.
Based on aggregated 13F filings for Q3 2018.