BlackRock Enhanced Equity Dividend Trust
113 hedge funds and large institutions have $289M invested in BlackRock Enhanced Equity Dividend Trust in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 31 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
32% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 31
7% more funds holding
Funds holding: 106 → 113 (+7)
0.28% less ownership
Funds ownership: 20.57% → 20.29% (-0.28%)
1% less capital invested
Capital invested by funds: $293M → $289M (-$4.12M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.57M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.67M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.27M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.14M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$11.8M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.4M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.98M |
| 4 |
SG Americas Securities
New York
|
-$1.97M |
| 5 |
CFA
Cahill Financial Advisors
Edina,
Minnesota
|
-$1.74M |
BDJ Hedge Fund Activity: Q1 2014 in Review
113 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2014, worth a combined $289M — down 1.4% from $293M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BDJ positions and 11 closed out — a net gain of 7 holders — while 41 added to existing stakes and 31 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.57M. The largest seller was Zeke Capital Advisors, exiting entirely with an estimated $11.8M sold.
- 113 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2014, up from 106 in Q4 2013.
- Funds reported $289M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2014, down 1.4% quarter-over-quarter.
- 18 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2014 and 11 closed out, a net change of +7 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2014 was Karpus Investment Management, an estimated $7.57M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2014 was Zeke Capital Advisors, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2014.