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BlackRock Floating Rate Income Trust

50 hedge funds and large institutions have $64.6M invested in BlackRock Floating Rate Income Trust in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

2% more funds holding

Funds holding: 4950 (+1)

0.19% more ownership

Funds ownership: 20.66%20.84% (+0.19%)

2% less capital invested

Capital invested by funds: $65.8M → $64.6M (-$1.26M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
50
Holders Change
+1
Holders Change %
+2.04%
% of All Funds
1.35%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
17
Reduced
15
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
26
Landscape Capital Management
New Jersey
$415K +$427K +31,936 New
AA
27
AQR Arbitrage
Connecticut
$402K -$5.34K -400 -1%
RCM
28
Rivernorth Capital Management
Florida
$378K +$389K +29,090 New
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$343K +$339K +25,409 +2,481%
DA
30
Doliver Advisors
Texas
$310K +$319K +23,916 New
RJT
31
Raymond James Trust
Florida
$299K
Commonwealth Equity Services
32
Commonwealth Equity Services
Massachusetts
$268K -$39.5K -2,956 -13%
ICAS
33
Investors Capital Advisory Services
Massachusetts
$260K +$95.7K +7,167 +56%
RT
34
Rockland Trust
Massachusetts
$210K
YMRC
35
Yorktown Management & Research Company
Virginia
$208K
AGA
36
Accuvest Global Advisors
Utah
$191K
ACM
37
Argentus Capital Management
Texas
$177K -$55.1K -4,123 -23%
CL
38
Croft-Leominster
Maryland
$175K +$180K +13,449 New
FFA
39
First Foundation Advisors
California
$168K
VFS
40
VSR Financial Services
Kansas
$163K +$167K +12,538 New
PAA
41
Peregrine Asset Advisers
Oregon
$156K
WS
42
Wedbush Securities
California
$150K +$67 +5 +0%
Royal Bank of Canada
43
Royal Bank of Canada
Ontario, Canada
$141K -$614 -46 -0.4%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$95K +$267 +20 +0.3%
AIG
45
American International Group
New York
$37K -$32.7K -2,450 -46%
AWM
46
Avior Wealth Management
Nebraska
$19K
ASN
47
Advisory Services Network
Georgia
$5K +$5.34K +400 New
US Bancorp
48
US Bancorp
Minnesota
$1K +$1.01K +76 New
HW
49
Hedeker Wealth
Illinois
$1K +$1.6K +120 New
RJA
50
Raymond James & Associates
Florida
-$300K -22,242 Closed

BGT Hedge Fund Activity: Q2 2015 in Review

50 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q2 2015, worth a combined $64.6M — down 1.9% from $65.8M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BGT positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1.4M. The largest seller was Horizon Kinetics, cutting an estimated $1.02M.

  • 50 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q2 2015, up from 49 in Q1 2015.
  • Funds reported $64.6M of BlackRock Floating Rate Income Trust stock for Q2 2015, down 1.9% quarter-over-quarter.
  • 8 funds opened new BlackRock Floating Rate Income Trust positions in Q2 2015 and 5 closed out, a net change of +3 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q2 2015 was Guggenheim Capital, an estimated $1.4M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q2 2015 was Horizon Kinetics, an estimated $1.02M sold.

Based on aggregated 13F filings for Q2 2015.