BlackRock Energy and Resources Trust
BGR
62 hedge funds and large institutions have $62.4M invested in BlackRock Energy and Resources Trust in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 11 closing their positions.
1.94% less ownership
Funds ownership: 20.61% → 18.67% (-1.9%)
6% less funds holding
Funds holding: 66 → 62 (-4)
15% less capital invested
Capital invested by funds: $73.6M → $62.4M (-$11.1M)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$563K |
| 3 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
+$264K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$88.2K |
| 5 |
BWL
Bogart Wealth LLC
Mclean,
Virginia
|
+$77.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.08M |
| 2 |
Morgan Stanley
New York
|
-$1.24M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$852K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$694K |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$559K |
BGR Hedge Fund Activity: Q3 2019 in Review
62 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q3 2019, worth a combined $62.4M — down 15% from $73.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BGR and 7 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 20 added.
The largest buyer was Wells Fargo, adding an estimated $1.4M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $3.08M sold.
- 62 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q3 2019, down from 66 in Q2 2019.
- Funds reported $62.4M of BlackRock Energy and Resources Trust stock for Q3 2019, down 15% quarter-over-quarter.
- 7 funds opened new BlackRock Energy and Resources Trust positions in Q3 2019 and 11 closed out, a net change of -4 holders.
- The largest BlackRock Energy and Resources Trust buyer in Q3 2019 was Wells Fargo, an estimated $1.4M added.
- The largest BlackRock Energy and Resources Trust seller in Q3 2019 was Wolverine Asset Management, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2019.