BlackRock Enhanced Equity Dividend Trust
154 hedge funds and large institutions have $308M invested in BlackRock Enhanced Equity Dividend Trust in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 41 reducing their positions, and 20 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
1% more capital invested
Capital invested by funds: $305M → $308M (+$3.28M)
0.67% less ownership
Funds ownership: 18.53% → 17.86% (-0.67%)
3% less funds holding
Funds holding: 159 → 154 (-5)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.01M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$2.58M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.88M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.45M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.55M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.51M |
| 3 |
RVPG
Relative Value Partners Group
|
-$2.46M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.32M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.81M |
BDJ Hedge Fund Activity: Q2 2018 in Review
154 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q2 2018, worth a combined $308M — up 1.1% from $305M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BDJ and 18 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 49 added.
The largest buyer was UBS Group, adding an estimated $3.01M. The largest seller was Advisors Asset Management, cutting an estimated $2.55M.
- 154 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q2 2018, down from 159 in Q1 2018.
- Funds reported $308M of BlackRock Enhanced Equity Dividend Trust stock for Q2 2018, up 1.1% quarter-over-quarter.
- 18 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q2 2018 and 20 closed out, a net change of -2 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q2 2018 was UBS Group, an estimated $3.01M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q2 2018 was Advisors Asset Management, an estimated $2.55M sold.
Based on aggregated 13F filings for Q2 2018.