BlackRock Enhanced Equity Dividend Trust
175 hedge funds and large institutions have $330M invested in BlackRock Enhanced Equity Dividend Trust in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
4% more funds holding
Funds holding: 168 → 175 (+7)
4% more capital invested
Capital invested by funds: $319M → $330M (+$11.4M)
0.01% more ownership
Funds ownership: 19.15% → 19.16% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
+$2.91M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.88M |
| 3 |
BIG
Boothe Investment Group
Dover,
Delaware
|
+$2.87M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.09M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.86M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.79M |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$2.58M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.18M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.61M |
BDJ Hedge Fund Activity: Q3 2019 in Review
175 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2019, worth a combined $330M — up 3.6% from $319M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BDJ positions and 16 closed out — a net gain of 7 holders — while 51 added to existing stakes and 42 trimmed.
The largest buyer was James Investment Research, opening a new position worth an estimated $2.91M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $2.86M sold.
- 175 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2019, up from 168 in Q2 2019.
- Funds reported $330M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2019, up 3.6% quarter-over-quarter.
- 23 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2019 and 16 closed out, a net change of +7 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2019 was James Investment Research, an estimated $2.91M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2019 was Karpus Investment Management, an estimated $2.86M sold.
Based on aggregated 13F filings for Q3 2019.