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BlackRock Floating Rate Income Trust

51 hedge funds and large institutions have $82.1M invested in BlackRock Floating Rate Income Trust in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

2% more funds holding

Funds holding: 5051 (+1)

2% more capital invested

Capital invested by funds: $80.4M → $82.1M (+$1.7M)

0.45% more ownership

Funds ownership: 23.66%24.12% (+0.45%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

Holders
51
Holders Change
+1
Holders Change %
+2%
% of All Funds
1.17%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
16
Reduced
19
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NL
26
NWAM LLC
Washington
$381K +$1.3K +94 +0.3%
Bank of Montreal
27
Bank of Montreal
Ontario, Canada
$304K -$1.7K -123 -0.6%
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$279K +$13.9K +1,000 +5%
OFG
29
OTA Financial Group
New York
$259K +$257K +18,540 New
CI
30
Conning Inc
Connecticut
$230K +$1.87K +135 +0.8%
SWM
31
SeaCrest Wealth Management
New York
$228K +$277 +20 +0.1%
GWM
32
Geneos Wealth Management
Colorado
$209K
WS
33
Wedbush Securities
California
$200K -$14.7K -1,064 -7%
HK
34
Horizon Kinetics
New York
$198K -$12.7K -917 -6%
ACI
35
Alpha Cubed Investments
California
$191K -$139K -10,006 -42%
FFA
36
First Foundation Advisors
California
$180K
OIA
37
Optimum Investment Advisors
Illinois
$171K +$169K +12,200 New
PCM
38
Penserra Capital Management
California
$69K +$11.2K +810 +20%
IWM
39
IHT Wealth Management
Illinois
$64K
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$61K -$3.64K -263 -6%
Citigroup
41
Citigroup
New York
$50K -$15.4K -1,112 -24%
AOWM
42
Alpha Omega Wealth Management
Virginia
$50K
Northwestern Mutual Wealth Management
43
Northwestern Mutual Wealth Management
Wisconsin
$38K
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$23K -$89.8K -6,479 -80%
APP
45
Avantax Planning Partners
Iowa
$17K +$16.8K +1,210 New
CT
46
CPF Texas
Texas
$10K
ASN
47
Advisory Services Network
Georgia
$6K
CAC
48
Certified Advisory Corp
Florida
$5K +$42 +3 +0.7%
SPIA
49
Steward Partners Investment Advisory
New York
$2K
Cohen & Steers
50
Cohen & Steers
New York
-$680K -48,884 Closed

BGT Hedge Fund Activity: Q1 2018 in Review

51 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q1 2018, worth a combined $82.1M — up 2.1% from $80.4M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new BGT positions and 3 closed out — a net gain of 2 holders — while 16 added to existing stakes and 19 trimmed.

The largest buyer was Wells Fargo, adding an estimated $3.31M. The largest seller was Morgan Stanley, cutting an estimated $1.6M.

  • 51 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q1 2018, up from 50 in Q4 2017.
  • Funds reported $82.1M of BlackRock Floating Rate Income Trust stock for Q1 2018, up 2.1% quarter-over-quarter.
  • 5 funds opened new BlackRock Floating Rate Income Trust positions in Q1 2018 and 3 closed out, a net change of +2 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q1 2018 was Wells Fargo, an estimated $3.31M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q1 2018 was Morgan Stanley, an estimated $1.6M sold.

Based on aggregated 13F filings for Q1 2018.