BlackRock Enhanced Equity Dividend Trust
BDJ
120 hedge funds and large institutions have $284M invested in BlackRock Enhanced Equity Dividend Trust in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 37
3.74% less ownership
Funds ownership: 22.81% → 19.07% (-3.7%)
6% less funds holding
Funds holding: 127 → 120 (-7)
15% less capital invested
Capital invested by funds: $333M → $284M (-$48.8M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.69M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.35M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.24M |
| 4 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
+$934K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$893K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$24.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$17.8M |
| 3 |
RVPG
Relative Value Partners Group
|
-$4.55M |
| 4 |
LPL Financial
San Diego,
California
|
-$4.3M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.82M |
BDJ Hedge Fund Activity: Q2 2016 in Review
120 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q2 2016, worth a combined $284M — down 15% from $333M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BDJ and 15 opened new positions — a net loss of 5 holders — while 37 trimmed existing stakes and 35 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.69M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $24.1M sold.
- 120 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q2 2016, down from 127 in Q1 2016.
- Funds reported $284M of BlackRock Enhanced Equity Dividend Trust stock for Q2 2016, down 15% quarter-over-quarter.
- 15 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q2 2016 and 20 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q2 2016 was Advisors Asset Management, an estimated $1.69M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q2 2016 was Parametric Portfolio Associates, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2016.