BlackRock Enhanced Equity Dividend Trust
159 hedge funds and large institutions have $310M invested in BlackRock Enhanced Equity Dividend Trust in 2017 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 32 reducing their positions, and 14 closing their positions.
193% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 14
63% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 32
20% more funds holding
Funds holding: 133 → 159 (+26)
0.43% less ownership
Funds ownership: 18.3% → 17.87% (-0.43%)
1% less capital invested
Capital invested by funds: $312M → $310M (-$2.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.21M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.14M |
| 3 |
Millennium Management
New York
|
+$1.04M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$942K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$867K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.68M |
| 2 |
RVPG
Relative Value Partners Group
|
-$8.04M |
| 3 |
CI
Conning Inc
Hartford,
Connecticut
|
-$3.42M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
BDJ Hedge Fund Activity: Q4 2017 in Review
159 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2017, worth a combined $310M — down 0.82% from $312M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new BDJ positions and 14 closed out — a net gain of 27 holders — while 52 added to existing stakes and 32 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.21M. The largest seller was Wells Fargo, cutting an estimated $9.68M.
- 159 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2017, up from 133 in Q3 2017.
- Funds reported $310M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2017, down 0.82% quarter-over-quarter.
- 41 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2017 and 14 closed out, a net change of +27 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2017 was Royal Bank of Canada, an estimated $2.21M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2017 was Wells Fargo, an estimated $9.68M sold.
Based on aggregated 13F filings for Q4 2017.