BlackRock Enhanced Equity Dividend Trust
110 hedge funds and large institutions have $315M invested in BlackRock Enhanced Equity Dividend Trust in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 13 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
9% more capital invested
Capital invested by funds: $289M → $315M (+$26.1M)
0.64% more ownership
Funds ownership: 20.29% → 20.93% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 113 → 110 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$7.8M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.94M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$3.92M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$2.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.58M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.41M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.35M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.34M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.14M |
BDJ Hedge Fund Activity: Q2 2014 in Review
110 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q2 2014, worth a combined $315M — up 9% from $289M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BDJ and 10 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Oak Hill Advisors, opening a new position worth an estimated $7.8M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.58M sold.
- 110 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q2 2014, down from 113 in Q1 2014.
- Funds reported $315M of BlackRock Enhanced Equity Dividend Trust stock for Q2 2014, up 9% quarter-over-quarter.
- 10 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q2 2014 and 13 closed out, a net change of -3 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q2 2014 was Oak Hill Advisors, an estimated $7.8M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q2 2014 was Shaker Financial Services, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2014.