BlackRock Enhanced Equity Dividend Trust
110 hedge funds and large institutions have $277M invested in BlackRock Enhanced Equity Dividend Trust in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
1.99% more ownership
Funds ownership: 18.32% → 20.32% (+2%)
0% more capital invested
Capital invested by funds: $276M → $277M (+$316K)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 111 → 110 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.14M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$3.72M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.9M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.82M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.35M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.18M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$659K |
| 4 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
-$561K |
| 5 |
IT
Independence Trust
Franklin,
Tennessee
|
-$403K |
BDJ Hedge Fund Activity: Q3 2015 in Review
110 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2015, worth a combined $277M — up 0.11% from $276M a quarter earlier.
Fund positioning in BDJ was balanced in Q3 2015: 16 funds opened new positions, 16 closed out, 38 added to existing stakes and 31 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $6.14M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.35M sold.
- 110 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2015, down from 111 in Q2 2015.
- Funds reported $277M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2015, up 0.11% quarter-over-quarter.
- 16 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2015 and 16 closed out, a net change of 0 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2015 was Karpus Investment Management, an estimated $6.14M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2015 was Rivernorth Capital Management, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2015.