BlackRock Enhanced Equity Dividend Trust
125 hedge funds and large institutions have $289M invested in BlackRock Enhanced Equity Dividend Trust in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 30 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
57% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 30
5% more funds holding
Funds holding: 119 → 125 (+6)
3% more capital invested
Capital invested by funds: $279M → $289M (+$9.7M)
0.04% more ownership
Funds ownership: 18.67% → 18.72% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.89M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.46M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.37M |
| 4 |
Citigroup
New York
|
+$1.13M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.29M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.46M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.36M |
| 4 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
-$2.17M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.45M |
BDJ Hedge Fund Activity: Q4 2016 in Review
125 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2016, worth a combined $289M — up 3.5% from $279M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BDJ positions and 11 closed out — a net gain of 8 holders — while 47 added to existing stakes and 30 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $3.89M. The largest seller was 1832 Asset Management, cutting an estimated $3.29M.
- 125 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2016, up from 119 in Q3 2016.
- Funds reported $289M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2016, up 3.5% quarter-over-quarter.
- 19 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2016 and 11 closed out, a net change of +8 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2016 was Raymond James & Associates, an estimated $3.89M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2016 was 1832 Asset Management, an estimated $3.29M sold.
Based on aggregated 13F filings for Q4 2016.