BlackRock Enhanced Equity Dividend Trust
119 hedge funds and large institutions have $279M invested in BlackRock Enhanced Equity Dividend Trust in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
0.39% less ownership
Funds ownership: 19.07% → 18.67% (-0.39%)
1% less funds holding
Funds holding: 120 → 119 (-1)
2% less capital invested
Capital invested by funds: $284M → $279M (-$5.29M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
+$6.01M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.89M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.59M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.58M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$929K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$15.5M |
| 2 |
Morgan Stanley
New York
|
-$6.29M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$741K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$552K |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
-$500K |
BDJ Hedge Fund Activity: Q3 2016 in Review
119 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2016, worth a combined $279M — down 1.9% from $284M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BDJ and 12 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 44 added.
The largest buyer was Camarda Financial Advisors, adding an estimated $6.01M. The largest seller was Karpus Investment Management, cutting an estimated $15.5M.
- 119 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2016, down from 120 in Q2 2016.
- Funds reported $279M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2016, down 1.9% quarter-over-quarter.
- 12 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2016 and 13 closed out, a net change of -1 holder.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2016 was Camarda Financial Advisors, an estimated $6.01M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2016 was Karpus Investment Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q3 2016.