BlackRock Enhanced Equity Dividend Trust
107 hedge funds and large institutions have $285M invested in BlackRock Enhanced Equity Dividend Trust in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 17 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
7% more capital inflows, than outflows
Capital inflows: $21.1M | Capital outflows: $19.7M
0.09% more ownership
Funds ownership: 18.31% → 18.39% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 117 → 107 (-10)
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$11.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.7M |
| 3 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.45M |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
+$978K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
-$8.47M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.39M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.38M |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$1.2M |
| 5 |
Karpus Investment Management
Pittsford,
New York
|
-$1.04M |
BDJ Hedge Fund Activity: Q1 2015 in Review
107 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2015, worth a combined $285M — down 2.5% from $293M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BDJ and 7 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 46 added.
The largest buyer was Richard C. Young & Co, adding an estimated $11.2M. The largest seller was Oak Hill Advisors, exiting entirely with an estimated $8.47M sold.
- 107 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2015, down from 117 in Q4 2014.
- Funds reported $285M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2015, down 2.5% quarter-over-quarter.
- 7 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2015 and 17 closed out, a net change of -10 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2015 was Richard C. Young & Co, an estimated $11.2M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2015 was Oak Hill Advisors, an estimated $8.47M sold.
Based on aggregated 13F filings for Q1 2015.