BlackRock Energy and Resources Trust
BGR
65 hedge funds and large institutions have $91.4M invested in BlackRock Energy and Resources Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 12 closing their positions.
21% more capital invested
Capital invested by funds: $75.7M → $91.4M (+$15.7M)
0.96% more ownership
Funds ownership: 19.08% → 20.04% (+0.96%)
7% less funds holding
Funds holding: 70 → 65 (-5)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.65M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.47M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.98M |
| 4 |
Morgan Stanley
New York
|
+$828K |
| 5 |
Cohen & Steers
New York
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.65M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.29M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$669K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$567K |
| 5 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$253K |
BGR Hedge Fund Activity: Q2 2018 in Review
65 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q2 2018, worth a combined $91.4M — up 21% from $75.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BGR and 8 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 16 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.65M. The largest seller was Bank of America, cutting an estimated $1.65M.
- 65 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q2 2018, down from 70 in Q1 2018.
- Funds reported $91.4M of BlackRock Energy and Resources Trust stock for Q2 2018, up 21% quarter-over-quarter.
- 8 funds opened new BlackRock Energy and Resources Trust positions in Q2 2018 and 12 closed out, a net change of -4 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q2 2018 was Royal Bank of Canada, an estimated $2.65M added.
- The largest BlackRock Energy and Resources Trust seller in Q2 2018 was Bank of America, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2018.