We are live on ! Find out more
BGT icon

BlackRock Floating Rate Income Trust
BGT

58 hedge funds and large institutions have $71.7M invested in BlackRock Floating Rate Income Trust in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 16

2% less funds holding

Funds holding: 59 → 58 (-1)

2.94% less ownership

Funds ownership: 27.04% → 24.1% (-2.9%)

8% less capital invested

Capital invested by funds: $77.8M → $71.7M (-$6.04M)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
58
Holders Change
-1
Holders Change %
-1.69%
% of All Funds
1.02%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
25
Reduced
16
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$1.72M
2
CBA
Coastal Bridge Advisors
Connecticut
+$1.63M
3
Bank of America
Bank of America
North Carolina
+$1.36M
4
KAS
Kestra Advisory Services
Texas
+$1.05M
5
Morgan Stanley
Morgan Stanley
New York
+$1.01M

Top Sellers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
-$8.89M
2
SCM
Saba Capital Management
New York
-$4.12M
3
RCM
Robinson Capital Management
Michigan
-$965K
4
Ameriprise
Ameriprise
Minnesota
-$607K
5
Invesco
Invesco
Georgia
-$570K
Name Holding Trade Value Shares
Change 		Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$522K +$235K +18,000 +85%
VEA
27
Virtus ETF Advisers
New York
$471K -$12.3K -941 -3%
SIC
28
Samalin Investment Counsel
New York
$442K +$7.19K +551 +2%
CIA
29
Capital Investment Advisors
Georgia
$420K -$13K -1,000 -3%
RJA
30
Raymond James & Associates
Florida
$386K +$222K +17,022 +142%
FWM
31
Foresight Wealth Management
Utah
$363K +$106K +8,157 +43%
Barclays
32
Barclays
United Kingdom
$325K – – –
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$315K +$2.81K +215 +0.9%
Northwestern Mutual Wealth Management
34
Northwestern Mutual Wealth Management
Wisconsin
$277K +$25.1K +1,921 +10%
CI
35
Conning Inc
Connecticut
$276K +$3.98K +305 +1%
SDAM
36
Shulman DeMeo Asset Management
New York
$274K +$269K +20,635 New
Commonwealth Equity Services
37
Commonwealth Equity Services
Massachusetts
$234K -$4.16K -319 -2%
Rockefeller Capital Management
38
Rockefeller Capital Management
New York
$215K – – –
SI
39
Stephens Inc
Arkansas
$200K -$41.7K -3,195 -17%
ICMP
40
Integrated Capital Management (Pennsylvania)
Pennsylvania
$186K +$21.9K +1,680 +14%
RT
41
Rockland Trust
Massachusetts
$179K +$5.06K +388 +3%
HKAM
42
Horizon Kinetics Asset Management
New York
$168K – – –
KPWS
43
Kestra Private Wealth Services
Texas
$153K – – –
VF
44
Virtu Financial
New York
$152K +$149K +11,459 New
GWM
45
Geneos Wealth Management
Colorado
$143K -$11.7K -900 -8%
HAIM
46
Hunter Associates Investment Management
Pennsylvania
$133K – – –
HI
47
Harbour Investments
Wisconsin
$45K +$13 +1 +0%
Fifth Third Bancorp
48
Fifth Third Bancorp
Ohio
$44K – – –
OIA
49
Optimum Investment Advisors
Illinois
$31K -$100K -7,700 -77%
CFGS
50
Concourse Financial Group Securities
Alabama
$31K – – –
1
2
3

BGT Hedge Fund Activity: Q3 2021 in Review

58 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q3 2021, worth a combined $71.7M — down 7.8% from $77.8M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BGT and 6 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 25 added.

The largest buyer was UBS Group, adding an estimated $1.72M. The largest seller was 1607 Capital Partners, cutting an estimated $8.89M.

  • 58 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q3 2021, down from 59 in Q2 2021.
  • Funds reported $71.7M of BlackRock Floating Rate Income Trust stock for Q3 2021, down 7.8% quarter-over-quarter.
  • 6 funds opened new BlackRock Floating Rate Income Trust positions in Q3 2021 and 7 closed out, a net change of -1 holder.
  • The largest BlackRock Floating Rate Income Trust buyer in Q3 2021 was UBS Group, an estimated $1.72M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q3 2021 was 1607 Capital Partners, an estimated $8.89M sold.

Based on aggregated 13F filings for Q3 2021.