BlackRock Enhanced Equity Dividend Trust
177 hedge funds and large institutions have $296M invested in BlackRock Enhanced Equity Dividend Trust in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 54 increasing their positions, 44 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
23% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 44
12% more funds holding
Funds holding: 158 → 177 (+19)
1.92% more ownership
Funds ownership: 18.33% → 20.26% (+1.9%)
9% less capital invested
Capital invested by funds: $327M → $296M (-$31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.75M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$4.57M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
+$3.14M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.87M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.56M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.24M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.24M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$1M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$954K |
BDJ Hedge Fund Activity: Q4 2018 in Review
177 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2018, worth a combined $296M — down 9.5% from $327M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BDJ positions and 19 closed out — a net gain of 20 holders — while 54 added to existing stakes and 44 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $4.75M. The largest seller was Advisors Asset Management, cutting an estimated $1.56M.
- 177 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2018, up from 158 in Q3 2018.
- Funds reported $296M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2018, down 9.5% quarter-over-quarter.
- 39 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2018 and 19 closed out, a net change of +20 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2018 was Wolverine Asset Management, an estimated $4.75M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2018 was Advisors Asset Management, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2018.