BlackRock Enhanced Equity Dividend Trust
158 hedge funds and large institutions have $327M invested in BlackRock Enhanced Equity Dividend Trust in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 15 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
6% more capital invested
Capital invested by funds: $308M → $327M (+$18.5M)
3% more funds holding
Funds holding: 154 → 158 (+4)
0.47% more ownership
Funds ownership: 17.86% → 18.33% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$2.75M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.93M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.73M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.67M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.7M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.42M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.06M |
BDJ Hedge Fund Activity: Q3 2018 in Review
158 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2018, worth a combined $327M — up 6% from $308M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BDJ positions and 15 closed out — a net gain of 5 holders — while 51 added to existing stakes and 35 trimmed.
The largest buyer was Ashford Capital Management, opening a new position worth an estimated $2.75M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $1.7M.
- 158 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2018, up from 154 in Q2 2018.
- Funds reported $327M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2018, up 6% quarter-over-quarter.
- 20 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2018 and 15 closed out, a net change of +5 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2018 was Ashford Capital Management, an estimated $2.75M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2018 was Cambridge Investment Research Advisors, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2018.