BlackRock Energy and Resources Trust
BGR
70 hedge funds and large institutions have $75.7M invested in BlackRock Energy and Resources Trust in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 10 closing their positions.
0.5% less ownership
Funds ownership: 19.58% → 19.08% (-0.5%)
3% less funds holding
Funds holding: 72 → 70 (-2)
9% less capital invested
Capital invested by funds: $82.9M → $75.7M (-$7.25M)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.09M |
| 2 |
Morgan Stanley
New York
|
+$1.76M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$698K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$604K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$544K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.03M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$2.03M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.5M |
| 4 |
First Manhattan
New York
|
-$1.28M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$790K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Trading
New York
| – | -$267 | -18,800 | Closed |
|
77
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$153K | -10,782 | Closed |
|
|
BWP
78
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$14K | -1,000 | Closed |
|
|
SPIA
79
Steward Partners Investment Advisory
New York
| – | -$6.42K | -456 | -89% |
|
|
AWM
80
Avior Wealth Management
Omaha,
Nebraska
| – | -$6K | -400 | Closed |
|
BGR Hedge Fund Activity: Q1 2018 in Review
70 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q1 2018, worth a combined $75.7M — down 8.7% from $82.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BGR and 8 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 18 added.
The largest buyer was Advisors Asset Management, adding an estimated $3.09M. The largest seller was Citigroup, exiting entirely with an estimated $2.03M sold.
- 70 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q1 2018, down from 72 in Q4 2017.
- Funds reported $75.7M of BlackRock Energy and Resources Trust stock for Q1 2018, down 8.7% quarter-over-quarter.
- 8 funds opened new BlackRock Energy and Resources Trust positions in Q1 2018 and 10 closed out, a net change of -2 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q1 2018 was Advisors Asset Management, an estimated $3.09M added.
- The largest BlackRock Energy and Resources Trust seller in Q1 2018 was Citigroup, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2018.