BlackRock Floating Rate Income Trust
BGT
66 hedge funds and large institutions have $74.6M invested in BlackRock Floating Rate Income Trust in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
6% more funds holding
Funds holding: 62 → 66 (+4)
0% more capital invested
Capital invested by funds: $74.3M → $74.6M (+$341K)
0.46% less ownership
Funds ownership: 27.43% → 26.96% (-0.46%)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.67M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.14M |
| 3 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$961K |
| 4 |
Morgan Stanley
New York
|
+$523K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$476K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.07M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.76M |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$874K |
| 4 |
RVPG
Relative Value Partners Group
|
-$593K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$440K |
BGT Hedge Fund Activity: Q4 2023 in Review
66 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q4 2023, worth a combined $74.6M — up 0.46% from $74.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BGT positions and 6 closed out — a net gain of 4 holders — while 17 added to existing stakes and 24 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.67M. The largest seller was 1607 Capital Partners, cutting an estimated $3.07M.
- 66 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q4 2023, up from 62 in Q3 2023.
- Funds reported $74.6M of BlackRock Floating Rate Income Trust stock for Q4 2023, up 0.46% quarter-over-quarter.
- 10 funds opened new BlackRock Floating Rate Income Trust positions in Q4 2023 and 6 closed out, a net change of +4 holders.
- The largest BlackRock Floating Rate Income Trust buyer in Q4 2023 was Ameriprise, an estimated $1.67M added.
- The largest BlackRock Floating Rate Income Trust seller in Q4 2023 was 1607 Capital Partners, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2023.