BlackRock Floating Rate Income Trust
BGT
57 hedge funds and large institutions have $76.8M invested in BlackRock Floating Rate Income Trust in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 3 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 56 → 57 (+1)
1% more capital invested
Capital invested by funds: $76M → $76.8M (+$813K)
0.21% more ownership
Funds ownership: 24.37% → 24.58% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.59M |
| 2 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$565K |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$302K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$286K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$2.05M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$654K |
| 3 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$638K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$627K |
| 5 |
Morgan Stanley
New York
|
-$483K |
BGT Hedge Fund Activity: Q3 2018 in Review
57 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q3 2018, worth a combined $76.8M — up 1.1% from $76M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BGT positions and 3 closed out — a net gain of 1 holder — while 26 added to existing stakes and 17 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $2.59M. The largest seller was Baillie Gifford & Co, cutting an estimated $2.05M.
- 57 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q3 2018, up from 56 in Q2 2018.
- Funds reported $76.8M of BlackRock Floating Rate Income Trust stock for Q3 2018, up 1.1% quarter-over-quarter.
- 4 funds opened new BlackRock Floating Rate Income Trust positions in Q3 2018 and 3 closed out, a net change of +1 holder.
- The largest BlackRock Floating Rate Income Trust buyer in Q3 2018 was 1607 Capital Partners, an estimated $2.59M added.
- The largest BlackRock Floating Rate Income Trust seller in Q3 2018 was Baillie Gifford & Co, an estimated $2.05M sold.
Based on aggregated 13F filings for Q3 2018.