BlackRock Energy and Resources Trust
BGR
67 hedge funds and large institutions have $119M invested in BlackRock Energy and Resources Trust in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 8 closing their positions.
13% more capital invested
Capital invested by funds: $105M → $119M (+$13.5M)
5.19% more ownership
Funds ownership: 27.59% → 32.77% (+5.2%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
3% less funds holding
Funds holding: 69 → 67 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.3M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$8.32M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$949K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$411K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.2M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.81M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$693K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$546K |
| 5 |
ASFA
All Season Financial Advisors
Denver,
Colorado
|
-$370K |
BGR Hedge Fund Activity: Q4 2023 in Review
67 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Energy and Resources Trust (BGR) for Q4 2023, worth a combined $119M — up 13% from $105M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BGR and 7 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 20 added.
The largest buyer was Morgan Stanley, adding an estimated $15.3M. The largest seller was Saba Capital Management, exiting entirely with an estimated $2.2M sold.
- 67 institutional investors held BlackRock Energy and Resources Trust (BGR) as of Q4 2023, down from 69 in Q3 2023.
- Funds reported $119M of BlackRock Energy and Resources Trust stock for Q4 2023, up 13% quarter-over-quarter.
- 7 funds opened new BlackRock Energy and Resources Trust positions in Q4 2023 and 8 closed out, a net change of -1 holder.
- The largest BlackRock Energy and Resources Trust buyer in Q4 2023 was Morgan Stanley, an estimated $15.3M added.
- The largest BlackRock Energy and Resources Trust seller in Q4 2023 was Saba Capital Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2023.