BlackRock Energy and Resources Trust
BGR
61 hedge funds and large institutions have $164M invested in BlackRock Energy and Resources Trust in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 58 → 61 (+3)
1.87% more ownership
Funds ownership: 20.74% → 22.61% (+1.9%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
3% more capital invested
Capital invested by funds: $159M → $164M (+$4.25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Starr International Company
Zug,
Switzerland
|
+$12.9M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.37M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.26M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.04M |
| 5 |
SG Americas Securities
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$4.45M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.23M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.12M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$879K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$754K |
BGR Hedge Fund Activity: Q4 2013 in Review
61 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q4 2013, worth a combined $164M — up 2.7% from $159M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BGR positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Starr International Company, opening a new position worth an estimated $12.9M. The largest seller was First Allied Advisory Services, cutting an estimated $4.45M.
- 61 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q4 2013, up from 58 in Q3 2013.
- Funds reported $164M of BlackRock Energy and Resources Trust stock for Q4 2013, up 2.7% quarter-over-quarter.
- 9 funds opened new BlackRock Energy and Resources Trust positions in Q4 2013 and 5 closed out, a net change of +4 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q4 2013 was Starr International Company, an estimated $12.9M added.
- The largest BlackRock Energy and Resources Trust seller in Q4 2013 was First Allied Advisory Services, an estimated $4.45M sold.
Based on aggregated 13F filings for Q4 2013.