BlackRock Energy and Resources Trust
BGR
58 hedge funds and large institutions have $159M invested in BlackRock Energy and Resources Trust in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
4% more capital invested
Capital invested by funds: $153M → $159M (+$6.25M)
0.29% more ownership
Funds ownership: 20.44% → 20.74% (+0.29%)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$6.43M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.34M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$3.05M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.94M |
| 5 |
Cohen & Steers
New York
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$9.17M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.54M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.53M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.6M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$883K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
51
MSI Financial Services
Springfield,
Massachusetts
| $41K | -$15.9K | -618 | -28% |
|
52
Creative Planning
Overland Park,
Kansas
| $30K | – | – | – |
|
|
AA
53
AlphaMark Advisors
Ft. Wright,
Kentucky
| $26K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $25K | +$103 | +4 | +0.4% |
|
|
DADC
55
D.A. Davidson & Co
Great Falls,
Montana
| $25K | +$25.8K | +1,005 | New |
|
|
PSUF
56
People's United Financial
Bridgeport,
Connecticut
| $10K | – | – | – |
|
|
PSI
57
Pinnacle Summer Investments
Fairfax,
Virginia
| $8K | -$2.31K | -90 | -23% |
|
|
SSB
58
Sandy Spring Bank
Olney,
Maryland
| $8K | +$7.71K | +300 | New |
|
|
CHA
59
Cedar Hill Associates
Chicago,
Illinois
| – | -$9.17M | -366,250 | Closed |
|
|
GFM
60
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$4.54M | -181,199 | Closed |
|
|
TC
61
TFS Capital
West Chester,
Pennsylvania
| – | -$883K | -35,296 | Closed |
|
62
M&T Bank
Buffalo,
New York
| – | -$28K | -1,133 | Closed |
|
|
AC
63
Alexandria Capital
Arlington,
Virginia
| – | -$3K | -130 | Closed |
|
BGR Hedge Fund Activity: Q3 2013 in Review
58 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q3 2013, worth a combined $159M — up 4.1% from $153M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BGR positions and 5 closed out — a net gain of 2 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $6.43M. The largest seller was Cedar Hill Associates, exiting entirely with an estimated $9.17M sold.
- 58 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $159M of BlackRock Energy and Resources Trust stock for Q3 2013, up 4.1% quarter-over-quarter.
- 7 funds opened new BlackRock Energy and Resources Trust positions in Q3 2013 and 5 closed out, a net change of +2 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q3 2013 was 1832 Asset Management, an estimated $6.43M added.
- The largest BlackRock Energy and Resources Trust seller in Q3 2013 was Cedar Hill Associates, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2013.