BlackRock Resources & Commodities Strategy Trust
BCX
109 hedge funds and large institutions have $268M invested in BlackRock Resources & Commodities Strategy Trust in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 15 closing their positions.
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
33% more capital invested
Capital invested by funds: $201M → $268M (+$66.1M)
6% more funds holding
Funds holding: 103 → 109 (+6)
2.47% more ownership
Funds ownership: 37.38% → 39.85% (+2.5%)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.31M |
| 2 |
Millennium Management
New York
|
+$4.28M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$3.07M |
| 4 |
Morgan Stanley
New York
|
+$2.74M |
| 5 |
Lazard Asset Management
New York
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.67M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.55M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.19M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$991K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$505K |
BCX Hedge Fund Activity: Q4 2020 in Review
109 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2020, worth a combined $268M — up 33% from $201M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BCX positions and 15 closed out — a net gain of 7 holders — while 32 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.31M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7.67M sold.
- 109 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2020, up from 103 in Q3 2020.
- Funds reported $268M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2020, up 33% quarter-over-quarter.
- 22 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2020 and 15 closed out, a net change of +7 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2020 was Wells Fargo, an estimated $8.31M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2020 was Rivernorth Capital Management, an estimated $7.67M sold.
Based on aggregated 13F filings for Q4 2020.