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BlackRock Enhanced Equity Dividend Trust

171 hedge funds and large institutions have $239M invested in BlackRock Enhanced Equity Dividend Trust in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

2% more funds holding

Funds holding: 167171 (+4)

8% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 49

1.95% less ownership

Funds ownership: 19.37%17.42% (-1.9%)

10% less capital invested

Capital invested by funds: $267M → $239M (-$27.8M)

Holders
171
Holders Change
+4
Holders Change %
+2.4%
% of All Funds
3.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
23
Increased
53
Reduced
49
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$22.5M -$1.33M -178,182 -5%
Morgan Stanley
2
Morgan Stanley
New York
$20.2M +$166K +22,254 +0.8%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$20.1M -$2.01M -270,291 -9%
Invesco
4
Invesco
Georgia
$19.2M -$1.68M -225,030 -8%
RJA
5
Raymond James & Associates
Florida
$15.6M -$697K -93,559 -4%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$12.6M -$446K -59,870 -3%
Stifel Financial
7
Stifel Financial
Missouri
$12.3M +$213K +28,635 +2%
PPA
8
Parametric Portfolio Associates
Washington
$9.19M -$1.33M -177,984 -12%
LPL Financial
9
LPL Financial
California
$8.99M +$552K +74,077 +6%
UBS Group
10
UBS Group
Switzerland
$8.95M -$4.17M -559,718 -31%
Bank of America
11
Bank of America
North Carolina
$7.34M -$4.24M -569,136 -36%
1CP
12
1607 Capital Partners
Virginia
$6.74M -$1.37M -183,385 -17%
GC
13
Guggenheim Capital
Illinois
$5.94M +$189K +25,401 +3%
AAM
14
Advisors Asset Management
Colorado
$5.29M -$715K -95,926 -12%
BIG
15
Boothe Investment Group
Delaware
$3.11M -$17.9K -2,404 -0.6%
Ameriprise
16
Ameriprise
Minnesota
$3.01M +$3.12K +419 +0.1%
CIA
17
Capital Investment Advisors
Georgia
$2.82M +$233K +31,318 +9%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$2.82M -$235K -31,517 -8%
Osaic Holdings
19
Osaic Holdings
Arizona
$2.63M -$90.8K -12,183 -3%
WAM
20
Wolverine Asset Management
Illinois
$2.62M -$57.3K -7,687 -2%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$1.91M +$818K +109,740 +73%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$1.79M +$233K +31,227 +15%
AA
23
AQR Arbitrage
Connecticut
$1.59M +$716K +96,054 +79%
SI
24
Stephens Inc
Arkansas
$1.48M -$209K -28,025 -12%
SFS
25
Shaker Financial Services
Virginia
$1.48M -$2M -268,685 -57%

BDJ Hedge Fund Activity: Q3 2020 in Review

171 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q3 2020, worth a combined $239M — down 10% from $267M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new BDJ positions and 17 closed out — a net gain of 6 holders — while 53 added to existing stakes and 49 trimmed.

The largest buyer was Thrivent Financial for Lutherans, adding an estimated $818K. The largest seller was Richard C. Young & Co, cutting an estimated $10.7M.

  • 171 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q3 2020, up from 167 in Q2 2020.
  • Funds reported $239M of BlackRock Enhanced Equity Dividend Trust stock for Q3 2020, down 10% quarter-over-quarter.
  • 23 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q3 2020 and 17 closed out, a net change of +6 holders.
  • The largest BlackRock Enhanced Equity Dividend Trust buyer in Q3 2020 was Thrivent Financial for Lutherans, an estimated $818K added.
  • The largest BlackRock Enhanced Equity Dividend Trust seller in Q3 2020 was Richard C. Young & Co, an estimated $10.7M sold.

Based on aggregated 13F filings for Q3 2020.