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BlackRock Floating Rate Income Trust
BGT

66 hedge funds and large institutions have $71.9M invested in BlackRock Floating Rate Income Trust in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $63.7M → $71.9M (+$8.15M)

3.17% more ownership

Funds ownership: 26.2% → 29.37% (+3.2%)

9% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 22

3% less funds holding

Funds holding: 68 → 66 (-2)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
66
Holders Change
-2
Holders Change %
-2.94%
% of All Funds
1.06%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
20
Reduced
22
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
+$3.37M
2
Morgan Stanley
Morgan Stanley
New York
+$1.97M
3
WWMSC
Wagner Wealth Management (South Carolina)
South Carolina
+$1.61M
4
RVPG
Relative Value Partners Group
+$1.39M
5
LSC
Logan Stone Capital
Illinois
+$811K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$1.64M
2
AAM
Advisors Asset Management
Colorado
-$721K
3
UBS Group
UBS Group
Switzerland
-$441K
4
Osaic Holdings
Osaic Holdings
Arizona
-$360K
5
GC
Guggenheim Capital
Illinois
-$356K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$414K -$17.9K -1,615 -4%
PA
27
Pinnacle Associates
New York
$411K +$78 +7 +0%
SIC
28
Samalin Investment Counsel
New York
$397K -$20.6K -1,857 -5%
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$314K +$5.52K +498 +2%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$300K -$68.9K -6,224 -18%
HAIM
31
Hunter Associates Investment Management
Pennsylvania
$295K -$76.5K -6,903 -20%
VEA
32
Virtus ETF Advisers
New York
$285K -$56.8K -5,124 -16%
SCA
33
Snowden Capital Advisors
New York
$284K +$3.06K +276 +1%
AA
34
AQR Arbitrage
Connecticut
$279K +$283K +25,541 New
Qube Research & Technologies (QRT)
35
Qube Research & Technologies (QRT)
United Kingdom
$262K – – –
LPL Financial
36
LPL Financial
California
$259K -$22.2K -2,003 -8%
MC
37
Moors & Cabot
Massachusetts
$252K -$304K -27,430 -54%
CI
38
Conning Inc
Connecticut
$248K +$6.62K +598 +3%
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$242K -$116K -10,502 -32%
WAM
40
Wolverine Asset Management
Illinois
$231K +$44.1K +3,979 +23%
CIA
41
Capital Investment Advisors
Georgia
$223K -$40.8K -3,685 -15%
SDAM
42
Shulman DeMeo Asset Management
New York
$216K – – –
Commonwealth Equity Services
43
Commonwealth Equity Services
Massachusetts
$211K +$39.3K +3,547 +22%
LCM
44
Landscape Capital Management
New Jersey
$208K -$210K -18,996 -50%
AWS
45
Atria Wealth Solutions
New York
$193K -$55.4K -5,000 -22%
IAIM
46
International Assets Investment Management
Florida
$183K +$182K +16,398 New
Rockefeller Capital Management
47
Rockefeller Capital Management
New York
$177K – – –
SI
48
Stephens Inc
Arkansas
$165K – – –
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$155K +$157K +14,205 New
RT
50
Rockland Trust
Massachusetts
$151K – – –
1
2
3 4

BGT Hedge Fund Activity: Q4 2022 in Review

66 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q4 2022, worth a combined $71.9M — up 13% from $63.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of BGT and 8 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 20 added.

The largest buyer was 1607 Capital Partners, adding an estimated $3.37M. The largest seller was Bank of America, cutting an estimated $1.64M.

  • 66 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q4 2022, down from 68 in Q3 2022.
  • Funds reported $71.9M of BlackRock Floating Rate Income Trust stock for Q4 2022, up 13% quarter-over-quarter.
  • 8 funds opened new BlackRock Floating Rate Income Trust positions in Q4 2022 and 9 closed out, a net change of -1 holder.
  • The largest BlackRock Floating Rate Income Trust buyer in Q4 2022 was 1607 Capital Partners, an estimated $3.37M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q4 2022 was Bank of America, an estimated $1.64M sold.

Based on aggregated 13F filings for Q4 2022.