BlackRock Enhanced Equity Dividend Trust
208 hedge funds and large institutions have $313M invested in BlackRock Enhanced Equity Dividend Trust in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 70 increasing their positions, 57 reducing their positions, and 27 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 57
12% more capital invested
Capital invested by funds: $280M → $313M (+$32.6M)
0.83% more ownership
Funds ownership: 19.57% → 20.39% (+0.83%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 214 → 208 (-6)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.73M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.17M |
| 3 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
+$2.33M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.18M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.11M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.95M |
| 3 |
CW
Cook Wealth
Raleigh,
North Carolina
|
-$1.92M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.47M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.31M |
BDJ Hedge Fund Activity: Q1 2024 in Review
208 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Equity Dividend Trust (BDJ) for Q1 2024, worth a combined $313M — up 12% from $280M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BDJ and 23 opened new positions — a net loss of 4 holders — while 57 trimmed existing stakes and 70 added.
The largest buyer was Morgan Stanley, adding an estimated $9.73M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $5.11M.
- 208 institutional investors held BlackRock Enhanced Equity Dividend Trust (BDJ) as of Q1 2024, down from 214 in Q4 2023.
- Funds reported $313M of BlackRock Enhanced Equity Dividend Trust stock for Q1 2024, up 12% 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 Morgan Stanley, an estimated $9.73M added.
- The largest BlackRock Enhanced Equity Dividend Trust seller in Q1 2024 was Raymond James Financial Services Advisors, an estimated $5.11M sold.
Based on aggregated 13F filings for Q1 2024.