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BlackRock Enhanced Equity Dividend Trust

207 hedge funds and large institutions have $312M invested in BlackRock Enhanced Equity Dividend Trust in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 68 increasing their positions, 58 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 58

2% more capital invested

Capital invested by funds: $305M → $312M (+$7.07M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.95% less ownership

Funds ownership: 21.31%20.36% (-0.95%)

3% less funds holding

Funds holding: 213207 (-6)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
207
Holders Change
-6
Holders Change %
-2.82%
% of All Funds
2.98%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
23
Increased
68
Reduced
58
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$37.3M -$16.6M -2,078,767 -31%
Wells Fargo
2
Wells Fargo
California
$27.3M +$908K +113,926 +4%
Invesco
3
Invesco
Georgia
$20.7M +$1.24M +155,655 +7%
RJA
4
Raymond James & Associates
Florida
$17.4M -$603K -75,640 -3%
GC
5
Guggenheim Capital
Illinois
$13.9M +$35.8K +4,487 +0.3%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$13M -$5.11M -640,696 -29%
CA
7
Cornerstone Advisors
North Carolina
$12.1M +$2.18M +273,706 +23%
AA
8
AQR Arbitrage
Connecticut
$11.7M +$3.17M +397,607 +39%
LPL Financial
9
LPL Financial
California
$11.1M +$567K +71,165 +6%
UBS Group
10
UBS Group
Switzerland
$8.42M -$1.31M -164,374 -14%
CW
11
Cook Wealth
North Carolina
$8.38M -$1.92M -240,486 -19%
Stifel Financial
12
Stifel Financial
Missouri
$8.13M +$267K +33,474 +4%
AAM
13
Advisors Asset Management
Colorado
$7.3M +$1.44M +180,266 +26%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$7.25M +$139K +17,489 +2%
LCM
15
Landscape Capital Management
New Jersey
$7.08M +$843K +105,721 +14%
Bank of America
16
Bank of America
North Carolina
$6.26M +$630K +78,979 +12%
SWA
17
Stratos Wealth Advisors
Ohio
$5.69M +$9.28K +1,164 +0.2%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$4.98M +$144K +18,096 +3%
WAM
19
Wolverine Asset Management
Illinois
$4.55M -$1.47M -184,542 -25%
WW
20
Waterfront Wealth
Kansas
$4.32M +$2.33M +291,967 +119%
BIG
21
Boothe Investment Group
Delaware
$3.9M +$325K +40,821 +9%
Ameriprise
22
Ameriprise
Minnesota
$3.67M -$567K -71,072 -14%
Osaic Holdings
23
Osaic Holdings
Arizona
$2.77M -$552K -69,265 -17%
Baird Financial Group
24
Baird Financial Group
Wisconsin
$2.23M -$22.2K -2,790 -1%
SPIA
25
Steward Partners Investment Advisory
New York
$2.14M +$36.7K +4,607 +2%

BDJ Hedge Fund Activity: Q1 2024 in Review

207 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2024, worth a combined $312M — up 2.3% from $305M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of BDJ and 23 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 68 added.

The largest buyer was AQR Arbitrage, adding an estimated $3.17M. The largest seller was Morgan Stanley, cutting an estimated $16.6M.

  • 207 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2024, down from 213 in Q4 2023.
  • Funds reported $312M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2024, up 2.3% quarter-over-quarter.
  • 23 funds opened new BlackRock Enhanced Equity Dividend Trust positions in Q1 2024 and 27 closed out, a net change of -4 holders.
  • The largest BlackRock Enhanced Equity Dividend Trust buyer in Q1 2024 was AQR Arbitrage, an estimated $3.17M added.
  • The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2024 was Morgan Stanley, an estimated $16.6M sold.

Based on aggregated 13F filings for Q1 2024.