BlackRock Floating Rate Income Trust
BGT
62 hedge funds and large institutions have $62.4M invested in BlackRock Floating Rate Income Trust in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
7% more funds holding
Funds holding: 58 → 62 (+4)
2.98% more ownership
Funds ownership: 22.31% → 25.29% (+3%)
2% less capital invested
Capital invested by funds: $63.4M → $62.4M (-$1.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.75M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$2.74M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.28M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.16M |
| 5 |
Cohen & Steers
New York
|
+$976K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$895K |
| 2 |
LPL Financial
San Diego,
California
|
-$455K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$420K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$252K |
| 5 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
-$212K |
BGT Hedge Fund Activity: Q2 2022 in Review
62 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q2 2022, worth a combined $62.4M — down 1.6% from $63.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BGT positions and 6 closed out — a net gain of 5 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.75M. The largest seller was Bank of America, cutting an estimated $895K.
- 62 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q2 2022, up from 58 in Q1 2022.
- Funds reported $62.4M of BlackRock Floating Rate Income Trust stock for Q2 2022, down 1.6% quarter-over-quarter.
- 11 funds opened new BlackRock Floating Rate Income Trust positions in Q2 2022 and 6 closed out, a net change of +5 holders.
- The largest BlackRock Floating Rate Income Trust buyer in Q2 2022 was Morgan Stanley, an estimated $3.75M added.
- The largest BlackRock Floating Rate Income Trust seller in Q2 2022 was Bank of America, an estimated $895K sold.
Based on aggregated 13F filings for Q2 2022.