BlackRock Energy and Resources Trust
BGR
67 hedge funds and large institutions have $65.4M invested in BlackRock Energy and Resources Trust in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
6% more funds holding
Funds holding: 63 → 67 (+4)
0.52% more ownership
Funds ownership: 20.38% → 20.9% (+0.52%)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
27% less capital invested
Capital invested by funds: $89.1M → $65.4M (-$23.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.18M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.32M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
+$1.07M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$777K |
| 5 |
Cohen & Steers
New York
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.36M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.85M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$818K |
| 4 |
Morgan Stanley
New York
|
-$777K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$726K |
BGR Hedge Fund Activity: Q4 2018 in Review
67 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q4 2018, worth a combined $65.4M — down 27% from $89.1M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BGR positions and 13 closed out — a net gain of 4 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Bank of America, adding an estimated $4.18M. The largest seller was Royal Bank of Canada, cutting an estimated $3.36M.
- 67 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q4 2018, up from 63 in Q3 2018.
- Funds reported $65.4M of BlackRock Energy and Resources Trust stock for Q4 2018, down 27% quarter-over-quarter.
- 17 funds opened new BlackRock Energy and Resources Trust positions in Q4 2018 and 13 closed out, a net change of +4 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q4 2018 was Bank of America, an estimated $4.18M added.
- The largest BlackRock Energy and Resources Trust seller in Q4 2018 was Royal Bank of Canada, an estimated $3.36M sold.
Based on aggregated 13F filings for Q4 2018.