BlackRock Resources & Commodities Strategy Trust
BCX
129 hedge funds and large institutions have $279M invested in BlackRock Resources & Commodities Strategy Trust in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 16 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
6% more capital invested
Capital invested by funds: $264M → $279M (+$14.9M)
3% more funds holding
Funds holding: 125 → 129 (+4)
3.1% more ownership
Funds ownership: 32.51% → 35.62% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.9M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.85M |
| 3 |
SCM
Saba Capital Management
New York
|
+$4.5M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.26M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.77M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.31M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.27M |
| 5 |
Lazard Asset Management
New York
|
-$1.23M |
BCX Hedge Fund Activity: Q4 2023 in Review
129 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Resources & Commodities Strategy Trust (BCX) for Q4 2023, worth a combined $279M — up 5.6% from $264M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BCX positions and 16 closed out — a net gain of 4 holders — while 50 added to existing stakes and 35 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $17.9M. The largest seller was Raymond James & Associates, cutting an estimated $3.77M.
- 129 institutional investors held BlackRock Resources & Commodities Strategy Trust (BCX) as of Q4 2023, up from 125 in Q3 2023.
- Funds reported $279M of BlackRock Resources & Commodities Strategy Trust stock for Q4 2023, up 5.6% quarter-over-quarter.
- 20 funds opened new BlackRock Resources & Commodities Strategy Trust positions in Q4 2023 and 16 closed out, a net change of +4 holders.
- The largest BlackRock Resources & Commodities Strategy Trust buyer in Q4 2023 was Morgan Stanley, an estimated $17.9M added.
- The largest BlackRock Resources & Commodities Strategy Trust seller in Q4 2023 was Raymond James & Associates, an estimated $3.77M sold.
Based on aggregated 13F filings for Q4 2023.