We are live on ! Find out more
BGT icon

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
HKAM
51
Horizon Kinetics Asset Management
New York
$139K – – –
KPWS
52
Kestra Private Wealth Services
Texas
$126K – – –
RJA
53
Raymond James & Associates
Florida
$120K +$366 +33 +0.3%
WS
54
Wedbush Securities
California
$116K – – –
CSPIA
55
Cary Street Partners Investment Advisory
Virginia
$109K – – –
EC
56
Elequin Capital
New York
$84.8K +$85.8K +7,750 New
GWM
57
Geneos Wealth Management
Colorado
$70.4K -$3.99K -360 -5%
HCM
58
Hollencrest Capital Management
California
$37.2K +$37.7K +3,400 New
Fifth Third Bancorp
59
Fifth Third Bancorp
Ohio
$36.3K – – –
HI
60
Harbour Investments
Wisconsin
$28.6K -$4.43K -400 -13%
CFGS
61
Concourse Financial Group Securities
Alabama
$25.2K – – –
LWA
62
Lowe Wealth Advisors
Maryland
$3.64K – – –
TIM
63
Tortoise Investment Management
New York
$1.09K – – –
GEA
64
Glen Eagle Advisors
New Jersey
$915 +$853 +77 +1,100%
First Manhattan
65
First Manhattan
New York
$65 – – –
HNB
66
Huntington National Bank
Ohio
$11 – – –
CMP
67
Coston McIsaac & Partners
Maine
$10 +$266 +24 +3%
OFG
68
OTA Financial Group
New York
– -$215K -19,801 Closed
RJFSA
69
Raymond James Financial Services Advisors
Florida
– -$156K -14,381 Closed
Truist Financial
70
Truist Financial
North Carolina
– -$125K -11,474 Closed
VF
71
Virtu Financial
New York
– -$113K -10,436 Closed
OIA
72
Optimum Investment Advisors
Illinois
– -$25K -2,300 Closed
EIP
73
Ellis Investment Partners
Pennsylvania
– -$11K -1,077 Closed
MA
74
MUFG Americas
New York
– -$9K -800 Closed
SCA
75
Stonebridge Capital Advisors
Minnesota
– -$9K -800 Closed
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.