BlackRock Energy and Resources Trust
BGR
73 hedge funds and large institutions have $135M invested in BlackRock Energy and Resources Trust in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
12% more funds holding
Funds holding: 65 → 73 (+8)
1.49% less ownership
Funds ownership: 20.51% → 19.02% (-1.5%)
18% less capital invested
Capital invested by funds: $165M → $135M (-$29.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.24M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.13M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$898K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$742K |
| 5 |
CI
Conning Inc
Hartford,
Connecticut
|
+$665K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.04M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.82M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.94M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.3M |
BGR Hedge Fund Activity: Q3 2014 in Review
73 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q3 2014, worth a combined $135M — down 18% from $165M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BGR positions and 5 closed out — a net gain of 8 holders — while 28 added to existing stakes and 22 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.24M. The largest seller was 1832 Asset Management, cutting an estimated $4.04M.
- 73 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q3 2014, up from 65 in Q2 2014.
- Funds reported $135M of BlackRock Energy and Resources Trust stock for Q3 2014, down 18% quarter-over-quarter.
- 13 funds opened new BlackRock Energy and Resources Trust positions in Q3 2014 and 5 closed out, a net change of +8 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q3 2014 was Wolverine Asset Management, an estimated $1.24M added.
- The largest BlackRock Energy and Resources Trust seller in Q3 2014 was 1832 Asset Management, an estimated $4.04M sold.
Based on aggregated 13F filings for Q3 2014.