BlackRock Enhanced Equity Dividend Trust
185 hedge funds and large institutions have $345M invested in BlackRock Enhanced Equity Dividend Trust in 2019 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 19 closing their positions.
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
6% more funds holding
Funds holding: 175 → 185 (+10)
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
4% more capital invested
Capital invested by funds: $330M → $345M (+$14.5M)
0.64% less ownership
Funds ownership: 19.16% → 18.52% (-0.64%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.82M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.41M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.26M |
| 4 |
LPL Financial
San Diego,
California
|
+$887K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$711K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$7.3M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.77M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$2.97M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.04M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.42M |
BDJ Hedge Fund Activity: Q4 2019 in Review
185 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q4 2019, worth a combined $345M — up 4.4% from $330M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BDJ positions and 19 closed out — a net gain of 13 holders — while 51 added to existing stakes and 48 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.82M. The largest seller was Parametric Portfolio Associates, cutting an estimated $7.3M.
- 185 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q4 2019, up from 175 in Q3 2019.
- Funds reported $345M of BlackRock Enhanced Equity Dividend Trust stock for Q4 2019, up 4.4% quarter-over-quarter.
- 32 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q4 2019 and 19 closed out, a net change of +13 holders.
- The largest BlackRock Enhanced Equity Dividend Trust buyer in Q4 2019 was Advisors Asset Management, an estimated $1.82M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q4 2019 was Parametric Portfolio Associates, an estimated $7.3M sold.
Based on aggregated 13F filings for Q4 2019.