BlackRock Enhanced Equity Dividend Trust
129 hedge funds and large institutions have $311M invested in BlackRock Enhanced Equity Dividend Trust in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 33 reducing their positions, and 14 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 33
0% less capital invested
Capital invested by funds: $312M → $311M (-$1.06M)
0.5% less ownership
Funds ownership: 19.32% → 18.82% (-0.5%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 131 → 129 (-2)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$16.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.28M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$825K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$585K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$544K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$9.56M |
| 2 |
Morgan Stanley
New York
|
-$6.07M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.61M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.12M |
BDJ Hedge Fund Activity: Q2 2017 in Review
129 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q2 2017, worth a combined $311M — down 0.34% from $312M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BDJ and 13 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 50 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $16.2M. The largest seller was Relative Value Partners Group, cutting an estimated $9.56M.
- 129 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q2 2017, down from 131 in Q1 2017.
- Funds reported $311M of BlackRock Enhanced Equity Dividend Trust stock for Q2 2017, down 0.34% quarter-over-quarter.
- 13 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q2 2017 and 14 closed out, a net change of -1 holder.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $16.2M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q2 2017 was Relative Value Partners Group, an estimated $9.56M sold.
Based on aggregated 13F filings for Q2 2017.