We are live on ! Find out more
BGT icon

BlackRock Floating Rate Income Trust

51 hedge funds and large institutions have $82.1M invested in BlackRock Floating Rate Income Trust in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

2% more funds holding

Funds holding: 5051 (+1)

2% more capital invested

Capital invested by funds: $80.4M → $82.1M (+$1.7M)

0.45% more ownership

Funds ownership: 23.66%24.12% (+0.45%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

Holders
51
Holders Change
+1
Holders Change %
+2%
% of All Funds
1.17%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
16
Reduced
19
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$16.1M
Wells Fargo
2
Wells Fargo
California
$13.9M +$3.31M +238,899 +32%
GC
3
Guggenheim Capital
Illinois
$7.04M +$97.5K +7,034 +1%
Morgan Stanley
4
Morgan Stanley
New York
$6.26M -$1.6M -115,793 -21%
AAM
5
Advisors Asset Management
Colorado
$4.6M -$54.8K -3,957 -1%
Invesco
6
Invesco
Georgia
$4.3M -$1.04M -75,137 -20%
CBA
7
Coastal Bridge Advisors
Connecticut
$4.17M +$19.9K +1,436 +0.5%
Bank of America
8
Bank of America
North Carolina
$3.61M +$886K +63,963 +33%
FWIA
9
Fort Washington Investment Advisors
Ohio
$2.29M
LPL Financial
10
LPL Financial
California
$1.79M -$159K -11,454 -8%
Ameriprise
11
Ameriprise
Minnesota
$1.68M -$757K -54,644 -31%
JIP
12
Jaffetilchin Investment Partners
Florida
$1.63M +$1.62M +116,828 New
UBS Group
13
UBS Group
Switzerland
$1.51M -$54K -3,896 -3%
PMG
14
ProVise Management Group
Florida
$1.38M -$8.26K -596 -0.6%
RT
15
Rockland Trust
Massachusetts
$1.08M +$146K +10,527 +16%
CS
16
Comerica Securities
Michigan
$1.02M +$131K +9,487 +15%
SXL
17
Summit X LLC
Missouri
$987K -$143K -10,300 -13%
MML Investors Services
18
MML Investors Services
Massachusetts
$941K -$96K -6,927 -9%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$847K +$3.62K +261 +0.4%
PA
20
Pinnacle Associates
New York
$838K +$43.9K +3,168 +6%
CA
21
Cornerstone Advisory
Maryland
$802K -$270K -19,462 -25%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$591K +$942 +68 +0.2%
AG
23
Advisor Group
Arizona
$563K +$234K +16,872 +72%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$521K -$9.55K -689 -2%
CIA
25
Capital Investment Advisors
Georgia
$434K -$16.6K -1,195 -4%

BGT Hedge Fund Activity: Q1 2018 in Review

51 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q1 2018, worth a combined $82.1M — up 2.1% from $80.4M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new BGT positions and 3 closed out — a net gain of 2 holders — while 16 added to existing stakes and 19 trimmed.

The largest buyer was Wells Fargo, adding an estimated $3.31M. The largest seller was Morgan Stanley, cutting an estimated $1.6M.

  • 51 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q1 2018, up from 50 in Q4 2017.
  • Funds reported $82.1M of BlackRock Floating Rate Income Trust stock for Q1 2018, up 2.1% quarter-over-quarter.
  • 5 funds opened new BlackRock Floating Rate Income Trust positions in Q1 2018 and 3 closed out, a net change of +2 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q1 2018 was Wells Fargo, an estimated $3.31M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q1 2018 was Morgan Stanley, an estimated $1.6M sold.

Based on aggregated 13F filings for Q1 2018.