BlackRock Enhanced Equity Dividend Trust
BDJ
203 hedge funds and large institutions have $296M invested in BlackRock Enhanced Equity Dividend Trust in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 69 increasing their positions, 62 reducing their positions, and 19 closing their positions.
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
11% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 62
2% more capital invested
Capital invested by funds: $292M → $296M (+$4.51M)
0% more funds holding
Funds holding: 202 → 203 (+1)
0.44% less ownership
Funds ownership: 17.17% → 16.73% (-0.44%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.14M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$1.6M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$819K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$814K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$3.48M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.47M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.71M |
| 4 |
Two Sigma Investments
New York
|
-$1.42M |
| 5 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$1.35M |
BDJ Hedge Fund Activity: Q4 2025 in Review
203 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2025, worth a combined $296M — up 1.5% from $292M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BDJ positions and 19 closed out — a net gain of 6 holders — while 69 added to existing stakes and 62 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.14M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $3.48M sold.
- 203 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2025, up from 202 in Q3 2025.
- Funds reported $296M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2025, up 1.5% quarter-over-quarter.
- 25 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2025 and 19 closed out, a net change of +6 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2025 was Guggenheim Capital, an estimated $2.14M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $3.48M sold.
Based on aggregated 13F filings for Q4 2025.