BlackRock Floating Rate Income Trust
BGT
47 hedge funds and large institutions have $78.2M invested in BlackRock Floating Rate Income Trust in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
7% more funds holding
Funds holding: 44 → 47 (+3)
0.51% more ownership
Funds ownership: 22.44% → 22.95% (+0.51%)
0% less capital invested
Capital invested by funds: $78.2M → $78.2M (-$50K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.58M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$965K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$654K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$515K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.41M |
| 2 |
LPL Financial
San Diego,
California
|
-$888K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$806K |
| 4 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$680K |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$640K |
BGT Hedge Fund Activity: Q2 2017 in Review
47 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q2 2017, worth a combined $78.2M — down 0.06% from $78.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BGT positions and 4 closed out — a net gain of 3 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.58M. The largest seller was Guggenheim Capital, cutting an estimated $1.41M.
- 47 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q2 2017, up from 44 in Q1 2017.
- Funds reported $78.2M of BlackRock Floating Rate Income Trust stock for Q2 2017, down 0.06% quarter-over-quarter.
- 7 funds opened new BlackRock Floating Rate Income Trust positions in Q2 2017 and 4 closed out, a net change of +3 holders.
- The largest BlackRock Floating Rate Income Trust buyer in Q2 2017 was Morgan Stanley, an estimated $1.58M added.
- The largest BlackRock Floating Rate Income Trust seller in Q2 2017 was Guggenheim Capital, an estimated $1.41M sold.
Based on aggregated 13F filings for Q2 2017.