BlackRock Enhanced Equity Dividend Trust
BDJ
171 hedge funds and large institutions have $318M invested in BlackRock Enhanced Equity Dividend Trust in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 20 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 44
7% more capital invested
Capital invested by funds: $295M → $318M (+$22.1M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.47% less ownership
Funds ownership: 20.26% → 19.79% (-0.47%)
3% less funds holding
Funds holding: 177 → 171 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.84M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.15M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.95M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.82M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$5.72M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.92M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
-$2.87M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.45M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.79M |
BDJ Hedge Fund Activity: Q1 2019 in Review
171 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2019, worth a combined $318M — up 7.5% from $295M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BDJ and 15 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 63 added.
The largest buyer was LPL Financial, adding an estimated $4.84M. The largest seller was Capital Investment Advisors, cutting an estimated $5.72M.
- 171 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2019, down from 177 in Q4 2018.
- Funds reported $318M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2019, up 7.5% quarter-over-quarter.
- 15 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2019 and 20 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2019 was LPL Financial, an estimated $4.84M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2019 was Capital Investment Advisors, an estimated $5.72M sold.
Based on aggregated 13F filings for Q1 2019.