BlackRock Enhanced Equity Dividend Trust
BDJ
213 hedge funds and large institutions have $305M invested in BlackRock Enhanced Equity Dividend Trust in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 56 increasing their positions, 72 reducing their positions, and 17 closing their positions.
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
14% more capital invested
Capital invested by funds: $268M → $305M (+$36.5M)
8% more funds holding
Funds holding: 197 → 213 (+16)
2.24% more ownership
Funds ownership: 19.07% → 21.31% (+2.2%)
22% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 72
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.11M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.94M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$4.17M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Cook Wealth
Raleigh,
North Carolina
|
-$4.56M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.96M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.52M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.44M |
| 5 |
GA
GraniteShares Advisors
New York
|
-$1.3M |
BDJ Hedge Fund Activity: Q4 2023 in Review
213 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2023, worth a combined $305M — up 14% from $268M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BDJ positions and 17 closed out — a net gain of 17 holders — while 56 added to existing stakes and 72 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.5M. The largest seller was Cook Wealth, cutting an estimated $4.56M.
- 213 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2023, up from 197 in Q3 2023.
- Funds reported $305M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2023, up 14% quarter-over-quarter.
- 34 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2023 and 17 closed out, a net change of +17 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2023 was Morgan Stanley, an estimated $23.5M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2023 was Cook Wealth, an estimated $4.56M sold.
Based on aggregated 13F filings for Q4 2023.