BlackRock Enhanced Equity Dividend Trust
BDJ
214 hedge funds and large institutions have $275M invested in BlackRock Enhanced Equity Dividend Trust in 2024 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 55 increasing their positions, 75 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
2% more funds holding
Funds holding: 209 → 214 (+5)
1.39% less ownership
Funds ownership: 19.64% → 18.25% (-1.4%)
12% less capital invested
Capital invested by funds: $313M → $275M (-$38.6M)
27% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 75
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.32M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$1.62M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.46M |
| 4 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$870K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$862K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.96M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.25M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.5M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.3M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$2.65M |
BDJ Hedge Fund Activity: Q4 2024 in Review
214 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2024, worth a combined $275M — down 12% from $313M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BDJ positions and 23 closed out — a net gain of 10 holders — while 55 added to existing stakes and 75 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.32M. The largest seller was Morgan Stanley, cutting an estimated $7.96M.
- 214 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2024, up from 209 in Q3 2024.
- Funds reported $275M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2024, down 12% quarter-over-quarter.
- 33 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2024 and 23 closed out, a net change of +10 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2024 was Shaker Financial Services, an estimated $2.32M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2024 was Morgan Stanley, an estimated $7.96M sold.
Based on aggregated 13F filings for Q4 2024.