BlackRock Enhanced Equity Dividend Trust
179 hedge funds and large institutions have $238M invested in BlackRock Enhanced Equity Dividend Trust in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 47 reducing their positions, and 24 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 47
0.92% more ownership
Funds ownership: 18.52% → 19.44% (+0.92%)
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
3% less funds holding
Funds holding: 185 → 179 (-6)
31% less capital invested
Capital invested by funds: $345M → $238M (-$106M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.47M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$3.99M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.62M |
| 4 |
Morgan Stanley
New York
|
-$1.42M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
201
Whittier Trust
South Pasadena,
California
| – | -$2.5K | -293 | -99% |
|
|
TCM
202
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -287 | Closed |
|
203
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | +100% |
|
BDJ Hedge Fund Activity: Q1 2020 in Review
179 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2020, worth a combined $238M — down 31% from $345M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BDJ and 22 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 62 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $7.08M. The largest seller was Parametric Portfolio Associates, cutting an estimated $5.47M.
- 179 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2020, down from 185 in Q4 2019.
- Funds reported $238M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2020, down 31% quarter-over-quarter.
- 22 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2020 and 24 closed out, a net change of -2 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2020 was Karpus Investment Management, an estimated $7.08M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2020 was Parametric Portfolio Associates, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2020.