BlackRock Enhanced Equity Dividend Trust
BDJ
168 hedge funds and large institutions have $319M invested in BlackRock Enhanced Equity Dividend Trust in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 20 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 42
0% more capital invested
Capital invested by funds: $318M → $319M (+$1.07M)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
0.64% less ownership
Funds ownership: 19.79% → 19.15% (-0.64%)
2% less funds holding
Funds holding: 171 → 168 (-3)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.29M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$890K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$682K |
| 5 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$652K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.45M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.82M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.77M |
| 5 |
BIG
Boothe Investment Group
Dover,
Delaware
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
176
Telos Capital Management
San Diego,
California
| – | -$138K | -16,119 | Closed |
|
|
DA
177
Doliver Advisors
Houston,
Texas
| – | -$101K | -11,814 | Closed |
|
|
LNC
178
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$89K | -10,441 | Closed |
|
|
NSIM
179
North Star Investment Management
Chicago,
Illinois
| – | -$62K | -7,284 | Closed |
|
|
PGWM
180
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$59K | -6,889 | Closed |
|
|
RFC
181
Regions Financial Corp
Birmingham,
Alabama
| – | -$46K | -5,398 | Closed |
|
|
MCM
182
Manchester Capital Management
Manchester,
Vermont
| – | -$35K | -4,145 | Closed |
|
|
CJA
183
C-J Advisory
San Jose,
California
| – | -$28K | -3,200 | Closed |
|
|
LPC
184
Loeb Partners Corp
New York
| – | -$11K | -1,278 | Closed |
|
|
FHB
185
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$9K | -1,100 | Closed |
|
|
CFB
186
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$7K | -847 | Closed |
|
|
MFW
187
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$3K | -320 | Closed |
|
188
UBS AM
Chicago,
Illinois
| – | -$958 | -112 | Closed |
|
BDJ Hedge Fund Activity: Q2 2019 in Review
168 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q2 2019, worth a combined $319M — up 0.34% from $318M a quarter earlier.
Fund positioning in BDJ was balanced in Q2 2019: 20 funds opened new positions, 20 closed out, 56 added to existing stakes and 42 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.1M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4M.
- 168 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q2 2019, down from 171 in Q1 2019.
- Funds reported $319M of BlackRock Enhanced Equity Dividend Trust stock for Q2 2019, up 0.34% quarter-over-quarter.
- 20 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q2 2019 and 20 closed out, a net change of 0 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q2 2019 was Parametric Portfolio Associates, an estimated $2.1M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q2 2019 was Raymond James Financial Services Advisors, an estimated $4M sold.
Based on aggregated 13F filings for Q2 2019.