BlackRock Energy and Resources Trust
BGR
56 hedge funds and large institutions have $58.1M invested in BlackRock Energy and Resources Trust in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 8 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
5% more capital invested
Capital invested by funds: $55.5M → $58.1M (+$2.59M)
0.35% more ownership
Funds ownership: 13.12% → 13.47% (+0.35%)
5% less funds holding
Funds holding: 59 → 56 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$962K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$708K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$673K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$514K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$759K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$543K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$214K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$159K |
| 5 |
OC
Oarsman Capital
Milwaukee,
Wisconsin
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2K | +$1.9K | +135 | New |
|
|
SWA
52
Sutton Wealth Advisors
Tampa,
Florida
| $1.77K | – | – | – |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $1K | +$745 | +53 | New |
|
|
DA
54
Doliver Advisors
Houston,
Texas
| – | -$543K | -37,941 | Closed |
|
|
55
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$159K | -11,215 | Closed |
|
|
OC
56
Oarsman Capital
Milwaukee,
Wisconsin
| – | -$148K | -10,420 | Closed |
|
|
BTS
57
BB&T Securities
Richmond,
Virginia
| – | -$147K | -10,360 | Closed |
|
|
ICOA
58
Investment Centers of America
Bismarck,
North Dakota
| – | -$146K | -10,206 | Closed |
|
59
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$23K | -1,629 | Closed |
|
60
Citigroup
New York
| – | -$11K | -801 | Closed |
|
|
JIC
61
Joel Isaacson & Co
New York
| – | -$4K | -298 | Closed |
|
|
AIM
62
Advantage Investment Management
Cedar Rapids,
Iowa
| – | +$56 | +4 | New |
|
|
GI
63
Gradient Investments
Arden Hills,
Minnesota
| – | +$70 | +5 | New |
|
BGR Hedge Fund Activity: Q3 2016 in Review
56 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q3 2016, worth a combined $58.1M — up 4.7% from $55.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BGR and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $962K. The largest seller was Bank of America, cutting an estimated $759K.
- 56 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q3 2016, down from 59 in Q2 2016.
- Funds reported $58.1M of BlackRock Energy and Resources Trust stock for Q3 2016, up 4.7% quarter-over-quarter.
- 5 funds opened new BlackRock Energy and Resources Trust positions in Q3 2016 and 8 closed out, a net change of -3 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q3 2016 was Morgan Stanley, an estimated $962K added.
- The largest BlackRock Energy and Resources Trust seller in Q3 2016 was Bank of America, an estimated $759K sold.
Based on aggregated 13F filings for Q3 2016.