We are live on ! Find out more
BGT icon

BlackRock Floating Rate Income Trust
BGT

57 hedge funds and large institutions have $75M invested in BlackRock Floating Rate Income Trust in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

19% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 16

12% more funds holding

Funds holding: 51 → 57 (+6)

0.26% more ownership

Funds ownership: 24.12% → 24.38% (+0.26%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

9% less capital invested

Capital invested by funds: $82.1M → $75M (-$7.08M)

Holders
57
Holders Change
+6
Holders Change %
+11.76%
% of All Funds
1.3%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
12
Increased
19
Reduced
16
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CRC
Curi RMB Capital
Illinois
+$1.36M
2
DA
Doliver Advisors
Texas
+$814K
3
WAM
Wolverine Asset Management
Illinois
+$782K
4
SIA
Sit Investment Associates
Minnesota
+$676K
5
1CP
1607 Capital Partners
Virginia
+$473K

Top Sellers

Rank Fund Capital Flow
1
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
-$2.59M
2
Invesco
Invesco
Georgia
-$825K
3
GC
Guggenheim Capital
Illinois
-$799K
4
AG
Advisor Group
Arizona
-$413K
5
CA
Cornerstone Advisory
Maryland
-$270K
Name Holding Trade Value Shares
Change 		Change in
Stake
CA
26
Cornerstone Advisory
Maryland
$489K -$270K -19,999 -35%
1CP
27
1607 Capital Partners
Virginia
$457K +$473K +35,000 New
CIA
28
Capital Investment Advisors
Georgia
$417K +$12K +890 +3%
SI
29
Stephens Inc
Arkansas
$400K +$413K +30,585 New
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$380K +$393K +29,066 New
NL
31
NWAM LLC
Washington
$358K +$1.35K +100 +0.4%
Stifel Financial
32
Stifel Financial
Missouri
$277K +$287K +21,223 New
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$273K -$12.1K -899 -4%
ACI
34
Alpha Cubed Investments
California
$270K +$94.6K +7,000 +51%
CWM
35
Cornerstone Wealth Management
Missouri
$261K +$46K +3,401 New
Janney Montgomery Scott
36
Janney Montgomery Scott
Pennsylvania
$248K -$13.5K -1,000 -5%
CI
37
Conning Inc
Connecticut
$218K +$2.82K +209 +1%
SWM
38
SeaCrest Wealth Management
New York
$213K +$419 +31 +0.2%
GWM
39
Geneos Wealth Management
Colorado
$207K +$12.2K +900 +6%
WS
40
Wedbush Securities
California
$187K – – –
HK
41
Horizon Kinetics
New York
$185K – – –
FFA
42
First Foundation Advisors
California
$169K – – –
OIA
43
Optimum Investment Advisors
Illinois
$169K +$9.46K +700 +6%
RJA
44
Raymond James & Associates
Florida
$169K +$175K +12,919 New
AG
45
Advisor Group
Arizona
$128K -$413K -30,594 -76%
PCM
46
Penserra Capital Management
California
$86K +$22.3K +1,648 +33%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$58K – – –
Citigroup
48
Citigroup
New York
$35K -$11.4K -840 -24%
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$35K – – –
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$22K +$297 +22 +1%
1
2
3

BGT Hedge Fund Activity: Q2 2018 in Review

57 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q2 2018, worth a combined $75M — down 8.6% from $82.1M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new BGT positions and 6 closed out — a net gain of 6 holders — while 19 added to existing stakes and 16 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $1.36M. The largest seller was Baillie Gifford & Co, cutting an estimated $2.59M.

  • 57 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q2 2018, up from 51 in Q1 2018.
  • Funds reported $75M of BlackRock Floating Rate Income Trust stock for Q2 2018, down 8.6% quarter-over-quarter.
  • 12 funds opened new BlackRock Floating Rate Income Trust positions in Q2 2018 and 6 closed out, a net change of +6 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q2 2018 was Curi RMB Capital, an estimated $1.36M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q2 2018 was Baillie Gifford & Co, an estimated $2.59M sold.

Based on aggregated 13F filings for Q2 2018.