BlackRock Energy and Resources Trust
BGR
58 hedge funds and large institutions have $159M invested in BlackRock Energy and Resources Trust in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
15% more capital inflows, than outflows
Capital inflows: $24.3M | Capital outflows: $21.2M
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
0.29% more ownership
Funds ownership: 20.44% → 20.74% (+0.29%)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$6.43M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
+$4.34M |
| 3 |
First Allied Advisory Services
San Diego,
California
|
+$3.05M |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
+$1.94M |
| 5 |
Cohen & Steers
New York
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$9.17M |
| 2 |
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.54M |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.53M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.6M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$883K |
BGR Hedge Fund Activity: Q3 2013 in Review
58 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q3 2013, worth a combined $159M — up 4.1% from $153M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BGR positions and 5 closed out — a net gain of 2 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $6.43M. The largest seller was Cedar Hill Associates, exiting entirely with an estimated $9.17M sold.
- 58 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $159M of BlackRock Energy and Resources Trust stock for Q3 2013, up 4.1% quarter-over-quarter.
- 7 funds opened new BlackRock Energy and Resources Trust positions in Q3 2013 and 5 closed out, a net change of +2 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q3 2013 was 1832 Asset Management, an estimated $6.43M added.
- The largest BlackRock Energy and Resources Trust seller in Q3 2013 was Cedar Hill Associates, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2013.