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BlackRock Floating Rate Income Trust
BGT

58 hedge funds and large institutions have $78M invested in BlackRock Floating Rate Income Trust in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

5% more funds holding

Funds holding: 55 → 58 (+3)

5% more capital invested

Capital invested by funds: $74.3M → $78M (+$3.76M)

1.46% more ownership

Funds ownership: 25.52% → 26.97% (+1.5%)

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

Holders
58
Holders Change
+3
Holders Change %
+5.45%
% of All Funds
0.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
16
Reduced
22
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$3.57M
2
LPL Financial
LPL Financial
California
+$1.03M
3
PCM
Penserra Capital Management
California
+$603K
4
Morgan Stanley
Morgan Stanley
New York
+$377K
5
LSIA
LaSalle St. Investment Advisors
Illinois
+$303K

Top Sellers

Rank Fund Capital Flow
1
WW
Waterfront Wealth
Kansas
-$765K
2
KAS
Kestra Advisory Services
Texas
-$745K
3
CI
Conning Inc
Connecticut
-$353K
4
Cohen & Steers
Cohen & Steers
New York
-$308K
5
AWS
Atria Wealth Solutions
New York
-$303K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$38.6K – – –
Northwestern Mutual Wealth Management
52
Northwestern Mutual Wealth Management
Wisconsin
$37.9K -$5.22K -400 -12%
CFGS
53
Concourse Financial Group Securities
Alabama
$29.3K – – –
DAM
54
Delta Asset Management
Tennessee
$12.9K – – –
JP Morgan Chase
55
JP Morgan Chase
New York
$10.8K – – –
Comerica Bank
56
Comerica Bank
Texas
$10.2K -$1.24K -95 -11%
Carson Wealth (CWM LLC)
57
Carson Wealth (CWM LLC)
Nebraska
$4K +$3.87K +297 New
TIM
58
Tortoise Investment Management
New York
$1.29K – – –
HNB
59
Huntington National Bank
Ohio
$13 – – –
KAS
60
Kestra Advisory Services
Texas
– -$745K -57,611 Closed
CI
61
Conning Inc
Connecticut
– -$353K -27,279 Closed
CSPIA
62
Cary Street Partners Investment Advisory
Virginia
– -$129K -10,000 Closed
CIBC Private Wealth Group
63
CIBC Private Wealth Group
Georgia
– -$29.7K -2,292 Closed
NS
64
NBC Securities
Alabama
– -$14K -1,107 Closed
1 2
3

BGT Hedge Fund Activity: Q4 2024 in Review

58 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q4 2024, worth a combined $78M — up 5.1% from $74.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BGT positions and 5 closed out — a net gain of 3 holders — while 16 added to existing stakes and 22 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $3.57M. The largest seller was Waterfront Wealth, cutting an estimated $765K.

  • 58 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q4 2024, up from 55 in Q3 2024.
  • Funds reported $78M of BlackRock Floating Rate Income Trust stock for Q4 2024, up 5.1% quarter-over-quarter.
  • 8 funds opened new BlackRock Floating Rate Income Trust positions in Q4 2024 and 5 closed out, a net change of +3 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q4 2024 was Guggenheim Capital, an estimated $3.57M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q4 2024 was Waterfront Wealth, an estimated $765K sold.

Based on aggregated 13F filings for Q4 2024.