We are live on ! Find out more
BGT icon

BlackRock Floating Rate Income Trust
BGT

59 hedge funds and large institutions have $77.8M invested in BlackRock Floating Rate Income Trust in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 18

3% less funds holding

Funds holding: 61 → 59 (-2)

3.68% less ownership

Funds ownership: 30.72% → 27.04% (-3.7%)

11% less capital invested

Capital invested by funds: $87.3M → $77.8M (-$9.5M)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
59
Holders Change
-2
Holders Change %
-3.28%
% of All Funds
1.03%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
22
Reduced
18
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
+$3.22M
2
Morgan Stanley
Morgan Stanley
New York
+$2.01M
3
KAS
Kestra Advisory Services
Texas
+$762K
4
GC
Guggenheim Capital
Illinois
+$496K
5
SFS
Shaker Financial Services
Virginia
+$462K

Top Sellers

Rank Fund Capital Flow
1
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
-$9.81M
2
SCM
Saba Capital Management
New York
-$9.2M
3
BCM
Bourgeon Capital Management
Connecticut
-$339K
4
HAIM
Hunter Associates Investment Management
Pennsylvania
-$318K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$274K
Name Holding Trade Value Shares
Change 		Change in
Stake
FIA
51
FNY Investment Advisers
New York
$128K +$84.5K +6,681 +201%
Fifth Third Bancorp
52
Fifth Third Bancorp
Ohio
$43K – – –
HI
53
Harbour Investments
Wisconsin
$43K – – –
CFGS
54
Concourse Financial Group Securities
Alabama
$30K – – –
EIP
55
Ellis Investment Partners
Pennsylvania
$12K +$190 +15 +2%
CI
56
CX Institutional
Indiana
$9K – – –
APA
57
American Portfolios Advisors
New York
$8.17K – – –
LWA
58
Lenox Wealth Advisors
New York
$2K +$1.56K +123 New
Baillie Gifford & Co
59
Baillie Gifford & Co
United Kingdom
– -$9.81M -784,230 Closed
SFS
60
Sowell Financial Services
Arkansas
– -$161K -12,672 Closed
Qube Research & Technologies (QRT)
61
Qube Research & Technologies (QRT)
United Kingdom
– -$130K -10,401 Closed
AI
62
ArchPoint Investors
Florida
– -$51K -4,100 Closed
EVM
63
Eaton Vance Management
Massachusetts
– -$5K -400 Closed
PAM
64
Panagora Asset Management
Massachusetts
– -$1K -69 Closed
1 2
3

BGT Hedge Fund Activity: Q2 2021 in Review

59 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q2 2021, worth a combined $77.8M — down 11% from $87.3M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of BGT and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 22 added.

The largest buyer was Ameriprise, adding an estimated $3.22M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $9.81M sold.

  • 59 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q2 2021, down from 61 in Q1 2021.
  • Funds reported $77.8M of BlackRock Floating Rate Income Trust stock for Q2 2021, down 11% quarter-over-quarter.
  • 4 funds opened new BlackRock Floating Rate Income Trust positions in Q2 2021 and 6 closed out, a net change of -2 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q2 2021 was Ameriprise, an estimated $3.22M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q2 2021 was Baillie Gifford & Co, an estimated $9.81M sold.

Based on aggregated 13F filings for Q2 2021.