BlackRock Energy and Resources Trust
BGR
66 hedge funds and large institutions have $89.5M invested in BlackRock Energy and Resources Trust in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% less funds holding
Funds holding: 67 → 66 (-1)
3.21% less ownership
Funds ownership: 29.72% → 26.51% (-3.2%)
15% less capital invested
Capital invested by funds: $105M → $89.5M (-$15.6M)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$630K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$483K |
| 3 |
LPL Financial
San Diego,
California
|
+$408K |
| 4 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$233K |
| 5 |
Morgan Stanley
New York
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.89M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.39M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.24M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.36M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$941K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| – | -$10.4K | -807 | Closed |
|
77
US Bancorp
Minneapolis,
Minnesota
| – | -$2.58K | -200 | Closed |
|
BGR Hedge Fund Activity: Q4 2024 in Review
66 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q4 2024, worth a combined $89.5M — down 15% from $105M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BGR positions and 11 closed out — a net gain of 2 holders — while 16 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $630K. The largest seller was Allspring Global Investments, cutting an estimated $4.89M.
- 66 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q4 2024, down from 67 in Q3 2024.
- Funds reported $89.5M of BlackRock Energy and Resources Trust stock for Q4 2024, down 15% quarter-over-quarter.
- 13 funds opened new BlackRock Energy and Resources Trust positions in Q4 2024 and 11 closed out, a net change of +2 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q4 2024 was Saba Capital Management, an estimated $630K added.
- The largest BlackRock Energy and Resources Trust seller in Q4 2024 was Allspring Global Investments, an estimated $4.89M sold.
Based on aggregated 13F filings for Q4 2024.