BlackRock Energy and Resources Trust
BGR
72 hedge funds and large institutions have $110M invested in BlackRock Energy and Resources Trust in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
7% more funds holding
Funds holding: 67 → 72 (+5)
4.23% less ownership
Funds ownership: 32.77% → 28.55% (-4.2%)
7% less capital invested
Capital invested by funds: $119M → $110M (-$8.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.09M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$796K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$768K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$687K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.6M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.17M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 4 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
-$983K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$936K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
76
Truvestments Capital
Sarasota,
Florida
| – | -$33.9K | -2,721 | Closed |
|
|
PFA
77
Pathway Financial Advisers
Auburn,
Indiana
| – | -$31.9K | -2,561 | Closed |
|
|
ASN
78
Advisory Services Network
Atlanta,
Georgia
| – | -$12.4K | -1,000 | Closed |
|
|
IA
79
IFP Advisors
Tampa,
Florida
| – | -$7.16K | -575 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | -$12 | -1 | Closed |
|
BGR Hedge Fund Activity: Q1 2024 in Review
72 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q1 2024, worth a combined $110M — down 7.3% from $119M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BGR positions and 8 closed out — a net gain of 5 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.09M. The largest seller was Morgan Stanley, cutting an estimated $16.6M.
- 72 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q1 2024, up from 67 in Q4 2023.
- Funds reported $110M of BlackRock Energy and Resources Trust stock for Q1 2024, down 7.3% quarter-over-quarter.
- 13 funds opened new BlackRock Energy and Resources Trust positions in Q1 2024 and 8 closed out, a net change of +5 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q1 2024 was Wolverine Asset Management, an estimated $1.09M added.
- The largest BlackRock Energy and Resources Trust seller in Q1 2024 was Morgan Stanley, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2024.