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BlackRock Floating Rate Income Trust

71 hedge funds and large institutions have $81.3M invested in BlackRock Floating Rate Income Trust in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 8

22% more funds holding

Funds holding: 5871 (+13)

4.88% more ownership

Funds ownership: 24.66%29.54% (+4.9%)

4% more capital invested

Capital invested by funds: $78.2M → $81.3M (+$3.1M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

41% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 27

Holders
71
Holders Change
+13
Holders Change %
+22.41%
% of All Funds
1.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
22
Increased
16
Reduced
27
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LTFS
51
Ladenburg Thalmann Financial Services
Florida
$169K -$201K -16,066 -52%
GWM
52
Geneos Wealth Management
Colorado
$168K -$15.9K -1,270 -8%
TSS
53
Two Sigma Securities
New York
$163K +$177K +14,126 New
FFA
54
First Foundation Advisors
California
$149K
HK
55
Horizon Kinetics
New York
$146K -$18.8K -1,504 -11%
WS
56
Wedbush Securities
California
$122K -$34.1K -2,727 -20%
SSG
57
Summit Securities Group
New York
$116K +$125K +10,000 New
AG
58
Advisor Group
Arizona
$78K -$33.2K -2,652 -28%
Royal Bank of Canada
59
Royal Bank of Canada
Ontario, Canada
$63K +$13.2K +1,053 +24%
PNC Financial Services Group
60
PNC Financial Services Group
Pennsylvania
$58K -$71.9K -5,750 -53%
TRCT
61
Tower Research Capital (TRC)
New York
$51K +$55.5K +4,440 New
CFGS
62
Concourse Financial Group Securities
Alabama
$36K +$39.4K +3,150 New
Citigroup
63
Citigroup
New York
$31K -$24.6K -1,965 -42%
Northwestern Mutual Wealth Management
64
Northwestern Mutual Wealth Management
Wisconsin
$31K
BFEC
65
Benjamin F. Edwards & Company
Missouri
$8K +$8.76K +700 New
CI
66
CX Institutional
Indiana
$8K +$8.76K +700 New
AIM
67
Anchor Investment Management
South Carolina
$6.93K
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$6K -$185K -14,792 -97%
CAC
69
Certified Advisory Corp
Florida
$5K +$100 +8 +2%
CS
70
Comerica Securities
Michigan
-$1.27M -95,913 Closed
Susquehanna International Group
71
Susquehanna International Group
Pennsylvania
-$307K -23,265 Closed
CWM
72
Cornerstone Wealth Management
Missouri
-$1.36M -19,245 Closed
DA
73
Doliver Advisors
Texas
-$167K -12,669 Closed
NMC
74
Nine Masts Capital
Hong Kong
-$107K -8,100 Closed
PCM
75
Penserra Capital Management
California
-$65K -4,944 Closed

BGT Hedge Fund Activity: Q4 2018 in Review

71 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q4 2018, worth a combined $81.3M — up 4% from $78.2M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new BGT positions and 8 closed out — a net gain of 14 holders — while 16 added to existing stakes and 27 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.33M. The largest seller was Wells Fargo, cutting an estimated $10.4M.

  • 71 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q4 2018, up from 58 in Q3 2018.
  • Funds reported $81.3M of BlackRock Floating Rate Income Trust stock for Q4 2018, up 4% quarter-over-quarter.
  • 22 funds opened new BlackRock Floating Rate Income Trust positions in Q4 2018 and 8 closed out, a net change of +14 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q4 2018 was Rivernorth Capital Management, an estimated $6.33M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q4 2018 was Wells Fargo, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2018.