BlackRock Resources & Commodities Strategy Trust
BCX
101 hedge funds and large institutions have $246M invested in BlackRock Resources & Commodities Strategy Trust in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 15 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.33% less ownership
Funds ownership: 36.96% → 35.64% (-1.3%)
6% less funds holding
Funds holding: 107 → 101 (-6)
12% less capital invested
Capital invested by funds: $280M → $246M (-$33.5M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.42M |
| 2 |
Morgan Stanley
New York
|
+$805K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$697K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$629K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$621K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.15M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.88M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.28M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.14M |
BCX Hedge Fund Activity: Q3 2019 in Review
101 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2019, worth a combined $246M — down 12% from $280M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BCX and 9 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 38 added.
The largest buyer was Prospera Financial Services, adding an estimated $1.42M. The largest seller was Wells Fargo, cutting an estimated $7.15M.
- 101 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2019, down from 107 in Q2 2019.
- Funds reported $246M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2019, down 12% quarter-over-quarter.
- 9 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2019 and 15 closed out, a net change of -6 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2019 was Prospera Financial Services, an estimated $1.42M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2019 was Wells Fargo, an estimated $7.15M sold.
Based on aggregated 13F filings for Q3 2019.