BlackRock Floating Rate Income Trust
BGT
38 hedge funds and large institutions have $55.8M invested in BlackRock Floating Rate Income Trust in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
0.24% more ownership
Funds ownership: 16.63% → 16.88% (+0.24%)
0% less capital invested
Capital invested by funds: $55.9M → $55.8M (-$87.4K)
10% less funds holding
Funds holding: 42 → 38 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$941K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$561K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$456K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$286K |
| 5 |
AIG
American International Group
New York
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$668K |
| 2 |
Morgan Stanley
New York
|
-$407K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$261K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$234K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$201K |
BGT Hedge Fund Activity: Q3 2014 in Review
38 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q3 2014, worth a combined $55.8M — down 0.16% from $55.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BGT and 1 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 17 added.
The largest buyer was UBS, adding an estimated $941K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $668K sold.
- 38 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q3 2014, down from 42 in Q2 2014.
- Funds reported $55.8M of BlackRock Floating Rate Income Trust stock for Q3 2014, down 0.16% quarter-over-quarter.
- 1 fund opened new BlackRock Floating Rate Income Trust positions in Q3 2014 and 5 closed out, a net change of -4 holders.
- The largest BlackRock Floating Rate Income Trust buyer in Q3 2014 was UBS, an estimated $941K added.
- The largest BlackRock Floating Rate Income Trust seller in Q3 2014 was Mariner Investment Group, an estimated $668K sold.
Based on aggregated 13F filings for Q3 2014.