BlackRock Energy and Resources Trust
BGR
62 hedge funds and large institutions have $51.4M invested in BlackRock Energy and Resources Trust in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 17 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
0.79% less ownership
Funds ownership: 14.08% → 13.29% (-0.79%)
3% less capital invested
Capital invested by funds: $53.3M → $51.4M (-$1.85M)
10% less funds holding
Funds holding: 69 → 62 (-7)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.46M |
| 2 |
First Manhattan
New York
|
+$1.09M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$992K |
| 5 |
NCM
Northside Capital Management
Hood River,
Oregon
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$1.48M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.27M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.23M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.14M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
76
Next Financial Group
Houston,
Texas
| – | -$4K | -320 | Closed |
|
77
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -273 | Closed |
|
|
WT
78
Whittier Trust
South Pasadena,
California
| – | -$3K | -200 | Closed |
|
|
EDRH
79
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | +$278 | +23 | New |
|
BGR Hedge Fund Activity: Q1 2016 in Review
62 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q1 2016, worth a combined $51.4M — down 3.5% from $53.3M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BGR and 11 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 25 added.
The largest buyer was Morgan Stanley, adding an estimated $1.46M. The largest seller was SG Americas Securities, exiting entirely with an estimated $1.48M sold.
- 62 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q1 2016, down from 69 in Q4 2015.
- Funds reported $51.4M of BlackRock Energy and Resources Trust stock for Q1 2016, down 3.5% quarter-over-quarter.
- 11 funds opened new BlackRock Energy and Resources Trust positions in Q1 2016 and 17 closed out, a net change of -6 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q1 2016 was Morgan Stanley, an estimated $1.46M added.
- The largest BlackRock Energy and Resources Trust seller in Q1 2016 was SG Americas Securities, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2016.