BlackRock Resources & Commodities Strategy Trust
BCX
103 hedge funds and large institutions have $201M invested in BlackRock Resources & Commodities Strategy Trust in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 19 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
1.19% less ownership
Funds ownership: 38.56% → 37.38% (-1.2%)
6% less funds holding
Funds holding: 109 → 103 (-6)
6% less capital invested
Capital invested by funds: $214M → $201M (-$12.6M)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.96M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.25M |
| 3 |
ICM
Ionic Capital Management
New York
|
+$959K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$740K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$637K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$4.58M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.14M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$999K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$814K |
BCX Hedge Fund Activity: Q3 2020 in Review
103 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q3 2020, worth a combined $201M — down 5.9% from $214M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BCX and 13 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 33 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.96M. The largest seller was Prospera Financial Services, cutting an estimated $4.58M.
- 103 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q3 2020, down from 109 in Q2 2020.
- Funds reported $201M of BlackRock Resources & Commodities Strategy Trust stock for Q3 2020, down 5.9% quarter-over-quarter.
- 13 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q3 2020 and 19 closed out, a net change of -6 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q3 2020 was Raymond James & Associates, an estimated $2.96M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q3 2020 was Prospera Financial Services, an estimated $4.58M sold.
Based on aggregated 13F filings for Q3 2020.