BlackRock Resources & Commodities Strategy Trust
BCX
120 hedge funds and large institutions have $175M invested in BlackRock Resources & Commodities Strategy Trust in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 37 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
10% more funds holding
Funds holding: 109 → 120 (+11)
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
0.2% more ownership
Funds ownership: 36.94% → 37.14% (+0.2%)
37% less capital invested
Capital invested by funds: $278M → $175M (-$103M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.52M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$4M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.31M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$2.28M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$4.94M |
| 2 |
Morgan Stanley
New York
|
-$4.84M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.77M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.64M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.59M |
BCX Hedge Fund Activity: Q1 2020 in Review
120 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q1 2020, worth a combined $175M — down 37% from $278M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BCX positions and 13 closed out — a net gain of 13 holders — while 38 added to existing stakes and 37 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $7.52M. The largest seller was Lazard Asset Management, cutting an estimated $4.94M.
- 120 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q1 2020, up from 109 in Q4 2019.
- Funds reported $175M of BlackRock Resources & Commodities Strategy Trust stock for Q1 2020, down 37% quarter-over-quarter.
- 26 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q1 2020 and 13 closed out, a net change of +13 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q1 2020 was Rivernorth Capital Management, an estimated $7.52M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q1 2020 was Lazard Asset Management, an estimated $4.94M sold.
Based on aggregated 13F filings for Q1 2020.