BlackRock Floating Rate Income Trust
BGT
78 hedge funds and large institutions have $91.4M invested in BlackRock Floating Rate Income Trust in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 16 reducing their positions, and 4 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 16
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
5% more funds holding
Funds holding: 74 → 78 (+4)
0.02% more ownership
Funds ownership: 33.73% → 33.75% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $92.5M → $91.4M (-$1.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$495K |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$290K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$284K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.44M |
| 2 |
ICM
Ionic Capital Management
New York
|
-$409K |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$378K |
| 4 |
CS
Comerica Securities
Detroit,
Michigan
|
-$328K |
| 5 |
SDAM
Shulman DeMeo Asset Management
Lake Success,
New York
|
-$269K |
BGT Hedge Fund Activity: Q3 2019 in Review
78 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q3 2019, worth a combined $91.4M — down 1.2% from $92.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BGT positions and 4 closed out — a net gain of 4 holders — while 34 added to existing stakes and 16 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.24M. The largest seller was Morgan Stanley, cutting an estimated $2.44M.
- 78 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q3 2019, up from 74 in Q2 2019.
- Funds reported $91.4M of BlackRock Floating Rate Income Trust stock for Q3 2019, down 1.2% quarter-over-quarter.
- 8 funds opened new BlackRock Floating Rate Income Trust positions in Q3 2019 and 4 closed out, a net change of +4 holders.
- The largest BlackRock Floating Rate Income Trust buyer in Q3 2019 was Royal Bank of Canada, an estimated $1.24M added.
- The largest BlackRock Floating Rate Income Trust seller in Q3 2019 was Morgan Stanley, an estimated $2.44M sold.
Based on aggregated 13F filings for Q3 2019.