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BlackRock Enhanced Equity Dividend Trust

106 hedge funds and large institutions have $293M invested in BlackRock Enhanced Equity Dividend Trust in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

48% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 27

19% more capital invested

Capital invested by funds: $247M → $293M (+$46.5M)

2.3% more ownership

Funds ownership: 18.27%20.57% (+2.3%)

1% less funds holding

Funds holding: 107106 (-1)

Holders
106
Holders Change
-1
Holders Change %
-0.93%
% of All Funds
3.08%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.12%
New
12
Increased
40
Reduced
27
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CI
26
Conning Inc
Connecticut
$2.07M +$137K +17,680 +7%
SG Americas Securities
27
SG Americas Securities
New York
$1.97M +$1.92M +248,210 New
BBPWM
28
Blue Bell Private Wealth Management
Pennsylvania
$1.63M -$7.74K -1,000 -0.5%
TJHA
29
Thomas J. Herzfeld Advisors
Florida
$1.59M +$450K +58,093 +41%
SFS
30
Shaker Financial Services
Virginia
$1.42M -$36.5K -4,716 -3%
WA
31
WealthTrust Axiom
Pennsylvania
$1.33M +$23.3K +3,016 +2%
IMS
32
Index Management Solutions
Pennsylvania
$946K +$666K +86,026 +260%
PNC Financial Services Group
33
PNC Financial Services Group
Pennsylvania
$929K +$843K +108,983 +1,349%
FAAS
34
First Allied Advisory Services
California
$773K -$1.7K -220 -0.2%
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$747K -$29.1K -3,766 -4%
Northern Trust
36
Northern Trust
Illinois
$722K +$16.5K +2,129 +2%
WBG
37
Wharton Business Group
Pennsylvania
$705K
SKK
38
Shepherd Kaplan Krochuk
Massachusetts
$590K +$147K +18,950 +34%
RJT
39
Raymond James Trust
Florida
$581K +$57.5K +7,430 +11%
VKH
40
Virtu KCG Holdings
New York
$581K +$60.6K +7,830 +12%
CL
41
CSS LLC
Illinois
$568K +$554K +71,561 New
COLIM
42
City of London Investment Management
United Kingdom
$532K +$517K +66,843 New
LCM
43
Landscape Capital Management
New Jersey
$497K +$484K +62,602 New
IT
44
Independence Trust
Tennessee
$477K +$83.8K +10,824 +22%
B
45
Baird
Wisconsin
$441K +$75.4K +9,745 +21%
VAM
46
Visium Asset Management
New York
$419K +$5.37K +694 +1%
HCM
47
Hollencrest Capital Management
California
$402K +$392K +50,596 New
Creative Planning
48
Creative Planning
Kansas
$380K -$96.9K -12,518 -21%
Cambridge Investment Research Advisors
49
Cambridge Investment Research Advisors
Iowa
$326K +$22.7K +2,935 +8%
SRC
50
Shufro Rose & Co
New York
$323K

BDJ Hedge Fund Activity: Q4 2013 in Review

106 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2013, worth a combined $293M — up 19% from $247M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new BDJ positions and 8 closed out — a net gain of 4 holders — while 40 added to existing stakes and 27 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $23.7M. The largest seller was Advisors Asset Management, cutting an estimated $4.68M.

  • 106 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2013, down from 107 in Q3 2013.
  • Funds reported $293M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2013, up 19% quarter-over-quarter.
  • 12 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2013 and 8 closed out, a net change of +4 holders.
  • The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2013 was Karpus Investment Management, an estimated $23.7M added.
  • The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2013 was Advisors Asset Management, an estimated $4.68M sold.

Based on aggregated 13F filings for Q4 2013.