BlackRock Enhanced Equity Dividend Trust
102 hedge funds and large institutions have $303M invested in BlackRock Enhanced Equity Dividend Trust in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 9 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.36% less ownership
Funds ownership: 20.93% → 20.57% (-0.36%)
4% less capital invested
Capital invested by funds: $315M → $303M (-$12.4M)
7% less funds holding
Funds holding: 110 → 102 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $8 | -$4.98K | -600 | -38% |
|
|
FAAS
102
First Allied Advisory Services
San Diego,
California
| – | -$763K | -90,650 | Closed |
|
|
CA
103
Cornerstone Advisors
Asheville,
North Carolina
| – | -$757K | -90,200 | Closed |
|
|
NL
104
NWAM LLC
Mercer Island,
Washington
| – | -$205K | -24,466 | Closed |
|
105
BNP Paribas Financial Markets
Paris,
France
| – | -$186K | -22,150 | Closed |
|
|
OC
106
Oppenheimer & Co
New York
| – | -$145K | -17,359 | Closed |
|
107
Nomura Holdings
Tokyo,
Japan
| – | -$136K | -16,214 | Closed |
|
108
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$74K | -8,875 | Closed |
|
|
FANJ
109
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$49K | -5,800 | Closed |
|
|
NSIM
110
North Star Investment Management
Chicago,
Illinois
| – | -$30K | -3,522 | Closed |
|
BDJ Hedge Fund Activity: Q3 2014 in Review
102 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2014, worth a combined $303M — down 3.9% from $315M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BDJ and 1 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 39 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.18M. The largest seller was Karpus Investment Management, cutting an estimated $2.7M.
- 102 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2014, down from 110 in Q2 2014.
- Funds reported $303M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2014, down 3.9% quarter-over-quarter.
- 1 fund opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2014 and 9 closed out, a net change of -8 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2014 was Parametric Portfolio Associates, an estimated $1.18M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2014 was Karpus Investment Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q3 2014.