BlackRock Enhanced Equity Dividend Trust
BDJ
197 hedge funds and large institutions have $268M invested in BlackRock Enhanced Equity Dividend Trust in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 58 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
2% more funds holding
Funds holding: 193 → 197 (+4)
7% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 58
0.7% more ownership
Funds ownership: 18.37% → 19.07% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $285M → $268M (-$16.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.98M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.34M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.27M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.74M |
| 5 |
BIG
Boothe Investment Group
Dover,
Delaware
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$10.2M |
| 2 |
CW
Cook Wealth
Raleigh,
North Carolina
|
-$10.1M |
| 3 |
Morgan Stanley
New York
|
-$2.57M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$905K |
| 5 |
SI
Saxon Interests
Houston,
Texas
|
-$792K |
BDJ Hedge Fund Activity: Q3 2023 in Review
197 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2023, worth a combined $268M — down 5.8% from $285M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BDJ positions and 14 closed out — a net gain of 7 holders — while 62 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $4.98M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $10.2M.
- 197 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2023, up from 193 in Q2 2023.
- Funds reported $268M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2023, down 5.8% quarter-over-quarter.
- 21 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2023 and 14 closed out, a net change of +7 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2023 was Invesco, an estimated $4.98M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2023 was Raymond James Financial Services Advisors, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2023.