BlackRock Energy and Resources Trust
BGR
70 hedge funds and large institutions have $82.6M invested in BlackRock Energy and Resources Trust in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 11 closing their positions.
0.07% less ownership
Funds ownership: 23.51% → 23.44% (-0.07%)
3% less capital invested
Capital invested by funds: $85.6M → $82.6M (-$2.99M)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
8% less funds holding
Funds holding: 76 → 70 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.03M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$764K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$339K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$182K |
| 5 |
SIC
Samalin Investment Counsel
Chappaqua,
New York
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$561K |
| 2 |
Morgan Stanley
New York
|
-$558K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$480K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$391K |
| 5 |
QC
Quantedge Capital
Singapore
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
76
Global Retirement Partners
San Rafael,
California
| – | -$31.3K | -2,500 | Closed |
|
77
Rockefeller Capital Management
New York
| – | -$22K | -1,795 | Closed |
|
|
NA
78
NewEdge Advisors
New Orleans,
Louisiana
| – | -$15 | -1,236 | Closed |
|
|
BBPWM
79
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$15.3K | -1,220 | Closed |
|
80
JP Morgan Chase
New York
| – | +$400 | +32 | New |
|
BGR Hedge Fund Activity: Q1 2023 in Review
70 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q1 2023, worth a combined $82.6M — down 3.5% from $85.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BGR and 6 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 21 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.03M. The largest seller was OTA Financial Group, exiting entirely with an estimated $561K sold.
- 70 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q1 2023, down from 76 in Q4 2022.
- Funds reported $82.6M of BlackRock Energy and Resources Trust stock for Q1 2023, down 3.5% quarter-over-quarter.
- 6 funds opened new BlackRock Energy and Resources Trust positions in Q1 2023 and 11 closed out, a net change of -5 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $1.03M added.
- The largest BlackRock Energy and Resources Trust seller in Q1 2023 was OTA Financial Group, an estimated $561K sold.
Based on aggregated 13F filings for Q1 2023.