BlackRock Enhanced Equity Dividend Trust
BDJ
207 hedge funds and large institutions have $312M invested in BlackRock Enhanced Equity Dividend Trust in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 68 increasing their positions, 58 reducing their positions, and 27 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 58
2% more capital invested
Capital invested by funds: $305M → $312M (+$7.07M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.95% less ownership
Funds ownership: 21.31% → 20.36% (-0.95%)
3% less funds holding
Funds holding: 213 → 207 (-6)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.17M |
| 2 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
+$2.33M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.18M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.59M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.6M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.11M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.95M |
| 4 |
CW
Cook Wealth
Raleigh,
North Carolina
|
-$1.92M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.47M |
BDJ Hedge Fund Activity: Q1 2024 in Review
207 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2024, worth a combined $312M — up 2.3% from $305M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BDJ and 23 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 68 added.
The largest buyer was AQR Arbitrage, adding an estimated $3.17M. The largest seller was Morgan Stanley, cutting an estimated $16.6M.
- 207 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2024, down from 213 in Q4 2023.
- Funds reported $312M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2024, up 2.3% quarter-over-quarter.
- 23 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2024 and 27 closed out, a net change of -4 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2024 was AQR Arbitrage, an estimated $3.17M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2024 was Morgan Stanley, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2024.