BlackRock Enhanced Equity Dividend Trust
131 hedge funds and large institutions have $312M invested in BlackRock Enhanced Equity Dividend Trust in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 25 reducing their positions, and 10 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 25
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more capital invested
Capital invested by funds: $289M → $312M (+$23.8M)
5% more funds holding
Funds holding: 125 → 131 (+6)
0.61% more ownership
Funds ownership: 18.72% → 19.32% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.96M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.39M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.17M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.25M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
-$3.16M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.62M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.35M |
| 4 |
Citigroup
New York
|
-$1.19M |
| 5 |
RVPG
Relative Value Partners Group
|
-$871K |
BDJ Hedge Fund Activity: Q1 2017 in Review
131 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2017, worth a combined $312M — up 8.3% from $289M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BDJ positions and 10 closed out — a net gain of 7 holders — while 52 added to existing stakes and 25 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $3.96M. The largest seller was Camarda Financial Advisors, cutting an estimated $3.16M.
- 131 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2017, up from 125 in Q4 2016.
- Funds reported $312M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2017, up 8.3% quarter-over-quarter.
- 17 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2017 and 10 closed out, a net change of +7 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2017 was 1607 Capital Partners, an estimated $3.96M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2017 was Camarda Financial Advisors, an estimated $3.16M sold.
Based on aggregated 13F filings for Q1 2017.