BlackRock Enhanced Equity Dividend Trust
117 hedge funds and large institutions have $293M invested in BlackRock Enhanced Equity Dividend Trust in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
15% more funds holding
Funds holding: 102 → 117 (+15)
3% less capital invested
Capital invested by funds: $303M → $293M (-$9.87M)
2.26% less ownership
Funds ownership: 20.57% → 18.31% (-2.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.13M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.93M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.53M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.4M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$10.7M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.66M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.8M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.66M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.49M |
BDJ Hedge Fund Activity: Q4 2014 in Review
117 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2014, worth a combined $293M — down 3.3% from $303M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BDJ positions and 9 closed out — a net gain of 16 holders — while 37 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.13M. The largest seller was Richard C. Young & Co, cutting an estimated $10.7M.
- 117 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2014, up from 102 in Q3 2014.
- Funds reported $293M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2014, down 3.3% quarter-over-quarter.
- 25 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2014 and 9 closed out, a net change of +16 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2014 was Morgan Stanley, an estimated $2.13M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2014 was Richard C. Young & Co, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2014.