BlackRock Floating Rate Income Trust
BGT
68 hedge funds and large institutions have $63.7M invested in BlackRock Floating Rate Income Trust in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
10% more funds holding
Funds holding: 62 → 68 (+6)
2% more capital invested
Capital invested by funds: $62.4M → $63.7M (+$1.32M)
0.91% more ownership
Funds ownership: 25.29% → 26.2% (+0.91%)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.85M |
| 2 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$888K |
| 3 |
Morgan Stanley
New York
|
+$617K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$513K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.06M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$998K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$729K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$406K |
| 5 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
-$312K |
BGT Hedge Fund Activity: Q3 2022 in Review
68 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q3 2022, worth a combined $63.7M — up 2.1% from $62.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BGT positions and 3 closed out — a net gain of 6 holders — while 19 added to existing stakes and 21 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $1.85M. The largest seller was Wolverine Asset Management, cutting an estimated $1.06M.
- 68 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q3 2022, up from 62 in Q2 2022.
- Funds reported $63.7M of BlackRock Floating Rate Income Trust stock for Q3 2022, up 2.1% quarter-over-quarter.
- 9 funds opened new BlackRock Floating Rate Income Trust positions in Q3 2022 and 3 closed out, a net change of +6 holders.
- The largest BlackRock Floating Rate Income Trust buyer in Q3 2022 was City of London Investment Management, an estimated $1.85M added.
- The largest BlackRock Floating Rate Income Trust seller in Q3 2022 was Wolverine Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2022.